15. Kevin company manufactures and sells one product. The following information pertains to the company's first year of operations:

Selling price per unit	$100
Variable costs per unit:
Manufacturing:
Direct materials	$8
Direct labor	$20
Variable manufacturing overhead	$11
Variable selling and administrative expense	$18
Fixed costs per year:
Fixed manufacturing overhead	$48,000
Selling and administrative expense	$72,200

Production	6,000 units
Sales	4,500 units

(Q.) What is net operating income under variable costing in the first year?

(A.) $ ?

16.

The following data are average times per order over the last month for Gamora Corp.

	days
Queue time	3
Inspection time	12
Move time	1
Wait time to start production	5
Process time	4

(Q.) What is Manufacturing Cycle Efficiency (MCE)? Use two decimal places in the answer (for example, if the answer is 44%, key in "0.44").

(A.) ?