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15 Page 5 of 10 he management of Pear Furniture believes that delivery performance measures must be improved if the company is to maintain its

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15 Page 5 of 10 he management of Pear Furniture believes that delivery performance measures must be improved if the company is to maintain its competitive edge. The following data are considered to be typical of the time to complete orders. s time 4 days 10 days 3 days 2 days 5 days Wait time to the start of production: Move time: Inspection time Queue time during the production process: What is the manufacturing cycle efficiency? B. C. D. E. None of the above 42.86% 28.57% 58.33% 4 1.67% Daniels Corporation uses the step-down method to allocate service department costs to operating departments. The company ha Cross Trucking provides services exclusively for three customers. The monthly amounts paid by these customers along with their respective collection delays are: $81,900 with 1.5 days, $47,300 with 2 days, and $68,400 with 2.5 days. Given this information, what is the weighted average delay? A) 2.06 days B) 1.94 days C) 2.11 days D) 1.97 days E) 2.01 days 8) A firm offers terms of 2/10, net 40. What effective annual interest rate does the firm 2 earn when a customer does not take the discount? A) 20.45 percent B) 23.37 percent C) 27.86 percent D) 25.34 percent E) 18.67 percent 2 A-2

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