81) The Ramos Company collected the following information (in days):
Transporting product
4.0
Manufacturing product
28.0
Inspecting product
1.5
Storing product
6.0
What is the manufacturing cycle efficiency?
A) 87.5%.
B) 82.4%.
C) 70.9%.
D) 17.6%.
82) The Ramos Company collected the following information (in days):
Transporting product
4.0
Manufacturing product
28.0
Inspecting product
1.5
Storing product
6.0
What is the manufacturing cycle time?
A) 39.5 days.
B) 34.0 days.
C) 32.0 days.
D) 10.0 days.
42
83) The Boxwood Machining Co. has the following information for last year:
Tons of metal input
28,000
Labor hours
10,000
Overhead costs
$
125,000
Tons of output produced
20,000
The partial productivity for metal is:
A) 2.800.
B) 1.400.
C) 0.714.
D) 0.526.
84) The Boxwood Machining Co. has the following information for last year:
Tons of metal input
28,000
Labor hours
10,000
Overhead costs
$
125,000
Tons of output produced
20,000
The partial productivity for labor is:
A) 2.800.
B) 2.000.
C) 0.526.
D) 0.500.
85) The California Machining Co. has the following information for last year:
Feet of metal input
150,000
Labor hours
12,000
Tons of output produced
6,000
The partial productivity for metal is:
A) 0.04.
B) 0.08.
C) 12.50.
D) 25.00.
86) The California Machining Co. has the following information for last year:
Feet of metal input
150,000
Labor hours
12,000
Tons of output produced
6,000
The partial productivity for labor is:
A) 12.50.
B) 2.00.
C) 0.50.
D) 0.12.
87) The White Hot Mining Co. has the following information for last year:
Labor hours
12,000
Tons of output produced
175,000
The partial productivity for labor is:
A) 1.000.
B) 0.069.
C) 14.583.
D) 12.000.
88) The Trundle Pass Mining Co. has the following information for last year:
Labor hours
112,000
Tons of output produced
1,575,000
The partial productivity for labor is:
A) 1.120.
B) 0.071.
C) 14.063.
D) 112.000.
89) The Cave Springs Milling Co. has the following information for last year:
Material input
13,112,000
Labor hours
126,000
Yards of output produced
1,575,000
The partial productivity for materials is:
A) 0.12
B) 1.31
C) 8.33
D) 15.75
90) The Alma Milling Co. has the following information for last year:
Material input
6,864,000
Labor hours
97,000
Yards of output produced
1,311,000
The partial productivity for materials is:
A) 0.131.
B) 0.191.
C) 0.686.
D) 5.236.
91) The Fort Smith Co. has the following information for last year:
Material input
4,396,000
Labor hours
112,000
Yards of output produced
1,155,000
The partial productivity for materials is:
A) 1.136.
B) 0.288.
C) 0.263.
D) 3.802.
92) The Fort Smith Co. has the following information for last year:
Material input
4,396,000
Labor hours
112,000
Yards of output produced
1,155,000
The partial productivity for labor is:
A) 0.097.
B) 0.256.
C) 3.906.
D) 10.313.
93) Tungsten Forging Co. has provided the following information for last year:
Tons of metal input
10,000
@
$10/ton
Labor hours
5,000
@
$30/hour
Overhead costs
$
125,000
Tons of forging produced
8,000
@
selling price of $60/ton
The total factor productivity measure is:
A) $480,000.
B) $375,000.
C) 1.28.
D) 0.78.
94) Toomey Toolworks Co. has provided the following information for last year:
Tons of metal input
20,000
@
$15/ton
Labor hours
15,000
@
$30/hour
Overhead costs
$
225,000
Tons of forging produced
16,000
@
selling price of $75/ton
The total factor productivity measure is:
A) 1.231.
B) 1.600.
C) 2.167.
D) 3.250.
95) Prancing Products has provided the following information for last year:
Gallons input
10,000
@
$15/gallon
Labor hours
5,000
@
$20/hour
Overhead costs
$
125,000
Gallons finished
8,000
@
selling price of $55/gallon
The total factor productivity measure is:
A) 1.25.
B) 1.60.
C) 15.63.
D) 1.17.
96) Sojourn Enterprises has provided the following information for last year:
Material costs
$
225,000
Labor hours
$
85,000
Overhead costs
$
311,000
Product produced
32,000
@
selling price of $22/each
The total factor productivity measure is:
A) 1.003.
B) 1.134.
C) 0.882.
D) 0.362.
97) Premier Products Co. has provided the following information for last year:
Material costs
$
150,000
Labor hours
$
45,000
Overhead costs
$
117,000
Product produced
8,000
@
selling price of $45/each
The total factor productivity measure is:
A) $150,000.
B) $312,000.
C) 1.154.
D) 0.832.
98) Moonlight Co. has provided the following information for last year:
Material costs
$
300,000
Labor costs
$
90,000
Overhead costs
$
234,000
Product produced
16,000
units
Total factor productivity
1.154
The selling price of the product (rounded) is:
A) $45.01.
B) $33.80.
C) $39.00.
D) $28.13.
99) Magnum Co. has provided the following information for last year:
Gallons input
20,000
@
$15/gallon
Labor costs
???
Overhead costs
$
250,000
Gallons finished
16,000
@
selling price of $55/gallon
Total factor productivity
1.1733
The total labor cost (rounded) is:
A) $293,325.
B) $482,500.
C) $468,750.
D) $200,021.
100) Walters Co. has provided the following information for last year:
Gallons input
???
Labor costs
10,000
@
$20/hr
Overhead costs
$
250,000
Gallons finished
16,000
@
selling price of $55/gallon
Total factor productivity
1.1733
The total material cost (rounded) is:
A) $293,325.
B) $582,500.
C) $300,021.
D) $200,000.
101) Harringer Co. has provided the following information for last year:
Gallons input
10,000
@
$20/gallon
Labor costs
5,000
@
$20/hr
Overhead costs
???
Gallons finished
8,000
@
selling price of $55/gallon
Total factor productivity
1.0732
The total overhead cost (rounded) is:
A) $172,200.
B) $109,989.
C) $140,000.
D) $200,000.
102) Cavanaugh Co. has provided the following information for last year:
Gallons input
???
@
$20/gallon
Labor costs
5,000
@
$20/hr
Overhead costs
$
110,000
Gallons finished
8,000
@
selling price of $55/gallon
Total factor productivity
1.0732
The total number of gallons input (rounded) is:
A) 10,000 gallons.
B) 8,600 gallons.
C) 7,450 gallons.
D) 200,000 gallons.
103) Employee involvement is important in an effective performance measurement system
because it:
A) increases the employee’s commitment to the organization and its objectives.
B) decreases the employee’s reliance on financial performance measures.
C) increases the likelihood that goal congruence problems will occur.
D) decreases the chances of an unfavorable manufacturing cycle time.
55
104) Which of the following is not a difficulty in implementing nonfinancial performance
measurement systems?
A) Fixation on financial measures.
B) Reliability of the nonfinancial measures.
C) Nonfinancial measures decrease goal congruence.
D) Lack of correlation between nonfinancial measures and financial results.
105) The Miller Manufacturing Company collected the following information (in days) for April
and May:
April
May
Transporting product
2.0
3.0
Processing product
14.0
16.0
Inspecting product
0.5
0.8
Storing product
8.0
5.0
Required:
a. Calculate the manufacturing cycle efficiency for April and May.
b. Calculate the processing time required for May so that May’s manufacturing cycle efficiency
is equal to April’s manufacturing cycle efficiency.
106) The Satin Manufacturing Company collected the following information (in days) for July
and August:
July
August
Transporting product
2.0
3.0
Processing product
17.0
18.0
Inspecting product
0.5
1.2
Storing product
7.0
7.0
Required:
a. Calculate the manufacturing cycle efficiency for July and August.
b. Assume September’s processing time will be the same as August. If Satin’s target for
manufacturing cycle efficiency is 65%, what will be September’s target for manufacturing cycle
time?
107) The Gantry Company collected the following information (in days) for November and
December:
November
December
Transporting product
2.0
3.0
Processing product
15.0
18.0
Inspecting product
1.0
1.2
Storing product
8.0
7.0
Required:
a. Calculate the manufacturing cycle efficiency for November and December.
b. Assume January’s processing time will be the same as December. If Gantry’s target for
manufacturing cycle efficiency is 65%, what will be January’s target for non-processing times?
108) The Miller Manufacturing Company collected the following information (in days) for April
and May:
April
May
Transporting product
2.0
3.0
Processing product
5.0
7.0
Inspecting product
0.5
0.8
Storing product
2.0
3.0
Required:
a. Calculate the manufacturing cycle efficiency for April and May.
b. Calculate the processing time required for May so that May’s manufacturing cycle efficiency
is equal to April’s manufacturing cycle efficiency.
109) The Satin Manufacturing Company collected the following information (in days) for July
and August:
July
August
Transporting product
2.0
3.0
Processing product
5.0
7.0
Inspecting product
0.5
0.8
Storing product
1.0
3.0
Required:
a. Calculate the manufacturing cycle efficiency for July and August.
b. Assume September’s processing time will be the same as August. If Satin’s target for
manufacturing cycle efficiency is 65%, what will be September’s target for manufacturing cycle
time?
110) The Gantry Company collected the following information (in days) for November and
December:
November
December
Transporting product
2.0
3.0
Processing product
6.0
7.0
Inspecting product
1.0
0.8
Storing product
2.0
3.0
Required:
a. Calculate the manufacturing cycle efficiency for November and December.
b. Assume January’s processing time will be the same as December. If Gantry’s target for
manufacturing cycle efficiency is 65%, what will be January’s target for non-processing times?