2. Guerlane Fragrance Corporation has a perfume division, Essense, and a cologne division, Karisma. The following information relates to last year's operations at each division. The minimum required rate of return is the same for both divisions.

Karisma Essence

Sales $360,000 (d)

Average operating assets $120,000 (e)

Net Operating Income (a) $10,000

Margin (b) 5%

Turnover (c) 2.5%

Return on Investment (ROI) 20% (f)

Residual income $6,000 (g)

Compute the unknown quantities above [(a) through (g)]. SHOW YOUR COMPUTATIONS.

3. During the most recent month at Luinstra Corporation, queue time was 4.5 days, inspection time was 0.8 day, process time was 1.9 days, wait time was 5.1 days, and move time was 0.7 day. Required: a. Compute the throughput time. b. Compute the manufacturing cycle efficiency (MCE). c. What percentage of the production time is spent in non-value-added activities? d. Compute the delivery cycle time.

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