Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Exercise 15.30 Sheridan manufactures 3-ring binders targeted at the high school market. Orders for 56,000 binders were received during July, with deliveries scheduled evenly throughout

image text in transcribed

Exercise 15.30 Sheridan manufactures 3-ring binders targeted at the high school market. Orders for 56,000 binders were received during July, with deliveries scheduled evenly throughout the month of August. Binders are produced simultaneously in 6 manufacturing cells. Time available for production in each cell is 7.5 hours per day for 22 days during July. Calculate the takt time. (Round answer to 2 decimal places, e.g. 15.21.) Takt time minutes per binder LINK TO TEXT At the end of the first hour of a day's production, one cell had completed 48 good binders, including 10 binders that were reworked. 1. Calculate the day-by-the-hour results and the variance. (Round answers to 0 decimal places, e.g. 1,521. Enter negative amounts using either a negative sign preceding the number e.g. -45 or parentheses e.g. (45).) Binders demanded per hour binders per hour Variance binders 2. Calculate the first time through (FTT) rate. (Round answer to 2 decimal places, e.g. 15.21.) FTT rate

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access with AI-Powered Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Students also viewed these Accounting questions