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Exercise 9-18 Manufacturing cycle time and efficiency LO A4 Oakwood Company produces maple bookcases to customer order. The following information is available for the production of the bookcases. Process time Inspection time Move time Wait time 19.0 days 0.6 days 4.4 days 19.0 days Required: 1. Compute the company's manufacturing cycle time. 2. Compute the company's manufacturing cycle efficiency. 3. Management believes it can reduce move time by 1.10 days and wait time by 2.50 days by adopting lean manufacturing techniques. Compute the company's manufacturing cycle efficiency assuming the company's predictions are correct. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Compute the company's manufacturing cycle time. (Round your answers to 1 decimal place.) Manufacturing Cycle Time Time Manufacturing cycle time Required 1 Required 2 > Exercise 9-18 Manufacturing cycle time and efficiency LO A4 Oakwood Company produces maple bookcases to customer order. The following information is available for the production of the bookcases. Process time Inspection time Move time Wait time 19.0 days 0.6 days 4.4 days 19.0 days Required: 1. Compute the company's manufacturing cycle time. 2. Compute the company's manufacturing cycle efficiency. 3. Management believes it can reduce move time by 1.10 days and wait time by 2.50 days by adopting lean manufacturing techniques. Compute the company's manufacturing cycle efficiency assuming the company's predictions are correct. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Compute the company's manufacturing cycle efficiency. (Round your answers to 1 decimal place.) Choose Numerator: T Manufacturing Cycle Efficiency Choose Denominator: = Manufacturing cycle efficiency = Manufacturing cycle efficiency Exercise 9-18 Manufacturing cycle time and efficiency LO A4 Oakwood Company produces maple bookcases to customer order. The following information is available for the production of the bookcases. Process time Inspection time Move time Wait time 19.0 days 0.6 days 4.4 days 19.0 days Required: 1. Compute the company's manufacturing cycle time. 2. Compute the company's manufacturing cycle efficiency. 3. Management believes it can reduce move time by 1.10 days and wait time by 2.50 days by adopting lean manufacturing techniques. Compute the company's manufacturing cycle efficiency assuming the company's predictions are correct. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Management believes it can reduce move time by 1.10 days and wait time by 2.50 days by adopting lean manufacturing techniques. Compute the company's manufacturing cycle efficiency assuming the company's predictions are correct. (Round your answers to 1 decimal place.) Choose Numerator: 1 Manufacturing Cycle Efficiency Choose Denominator: = Manufacturing cycle efficiency = Manufacturing cycle efficiency Exercise 9-20B Determining transfer prices LO C2 The trailer division of Baxter Bicycles makes bike trailers that attach to bicycles and can carry children or cargo. The trailers have a retail price of $93 each. Each trailer incurs $31 of variable manufacturing costs. The trailer division has capacity for 28,000 trailers per year and incurs fixed costs of $540,000 per year. Required: 1. Assume the assembly division of Baxter Bicycles wants to buy 4,700 trailers per year from the trailer division. If the trailer division can sell all of the trailers it manufactures to outside customers, what price should be used on transfers between Baxter Bicycles's divisions? 2. Assume the trailer division currently only sells 10,500 trailers to outside customers, and the assembly division wants to buy 4,700 trailers per year from the trailer division. What is the range of acceptable prices that could be used on transfers between Baxter Bicycles's divisions? 1. 2. Transfer price per trailer Transfer price per trailer will be at least but not more than