1- % O Neuro es a i (Click the icon to view the categories.) i (Click the icon to view additional information.) Read the requirements. cturing costing syste More info In response to competitive pressures at the end of 2019, Neuro Instruments used value-engineering techniques to reduce manufacturing costs. Actual information for 2019 and 2020 is as follows: Setup, production-order, and materials-handling costs per batch Total manufacturing-operations cost per machine-hour Cost per engineering change $ $ $ Units of HJ6 produced Direct material cost per unit of HJ6 Total number of batches required to produce HJ6 Total machine-hours required to produce HJ6 Number of engineering changes made 2019 8,900 $ 64 $ 16,000 $ The management of Neuro Instruments wants to evaluate whether value engineering has succeeded in reducing the target manufacturing cost per unit of one of its products, HJ6, by 5%. Actual results for 2019 and 2020 for HJ6 are as follows: 2,700 1,400 $ 60 2020 Actual Results Actual Results for 2019 for 2020 20,000 24 - X 8,000 48 8,000 4,600 1,300 70 30,000 7 the nearest mputation. final answer to the

(Click the icon to viow the categories.) (Click the icon to view additionat information.) Read the requirements. More info In response to competitive pressures at the end of 2019 , Neuro Instruments used value-engineering techniques to reduce manufacturing costs. Actual information for 2019 and 2020 is as follows: The management of Neuro Instruments wants to evaluate whether value engineening nas succeeceo in reducing the target manufacturing cost per unit of one of its products, HJ6, by 5%. Actual results for 2019 and 2020 for HJ6 are as follows: Requirements 1. Calculate the manufacturing cost per uniffof HJ6 in 2019. 2. Calculate the manufacturing cost per unit of HJ6 in 2020. 3. Did Neuro Instruments achieve the target manufacturing cost per unit for HJ6 in 2020? Explain. 4. Explain how Neuro Instruments reduced the manufacturing cost per unit of HJ6 in 2020. 5. What challenges might managers at Neuro Instruments encounter in achieving the target cost? How might they overcome these challenges