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Hi, I need the solution for the attached managerial accounting questions please. Thank you Management of Mittel Rhein AG of Kln, Germany, would like to
Hi, I need the solution for the attached managerial accounting questions please.
Thank you
Management of Mittel Rhein AG of Kln, Germany, would like to reduce the amount of time between when a customer places an order and when the order is shipped. For the first quarter of operations during the current year the following data were reported: Inspection time Wait time (from order to start of production) Process time Move time Queue time 0.4 days 15.1 days 3.4 days 1.2 days 3.5 days Required: 1. Compute the throughput time. (Round your answer to 1 decimal place.) 2. Compute the manufacturing cycle efficiency (MCE) for the quarter. (Round your answer to the nearest whole percentage (i.e., 0.12 should be entered as 12).) 3. What percentage of the throughput time was spent in non-value-added activities? (Round your answer to the nearest whole percentage (i.e., 0.12 should be entered as 12).) 4. Compute the delivery cycle time. (Round your intermediate calculations and final answer to 1 decimal place.) 5. If by using Lean Production all queue time during production is eliminated, what will be the new MCE? (Do not round intermediate calculations. Round your answer to the nearest whole percentage (i.e., 0.12 should be entered as 12).) [The following information applies to the questions displayed below.] Fitness Fanatics is a regional chain of health clubs. The managers of the clubs, who have authority to make investments as needed, are evaluated based largely on return The company's Springfield Club reported the following results for the past year: Sales Net operating income Average operating assets $ $ $ 910,000 32,760 100,000 2. value: 5.00 points Required information Required: 1. Compute the Springfield club's return on investment (ROI). (Round your Turnover answer to 2 decimal places. and ROI percentage answers to 2 decimal places (i.e., 0.1234 should be entered as 12.34).) 3. value: 5.00 points Required information 2. Assume that the manager of the club is able to increase sales by $91,000 and that, as a result, net operating $8,281. Further assume that this is possible without any increase in operating assets. What would be the club's (ROI)? (Round your Turnover answer to 2 decimal places. Round your Margin and ROI percentage answers (i.e., 0.1234 should be entered as 12.34).) 4. value: 5.00 points Required information 3. Assume that the manager of the club is able to reduce expenses by $3,640 without any change in sales or operatin would be the club's return on investment (ROI)? (Round your Turnover answer to 2 decimal places. Round your Margin and ROI percentage answers to 2 decimal places (i.e., 0.1234 should be entered as 12.3 5. Required information 4. Assume that the manager of the club is able to reduce operating assets by $30,000 without any change in sales or net operating income. What would be the club's return on investment (ROI)? (Round your Turnover answer to 2 decimal places. Round your Margin and ROI percentage answers to 2 de 0.1234 should be entered as 12.34).)Step by Step Solution
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