The following information is considered typical of the time involved to complete orders for Prince Company:

Wait time:

Form order being places to start production8.0 days

Form start of production to completion6.0 days

Inspection time1.5 days

Process time3.0 days

Move time2.5 days

What is the manufacturing cycle efficiency for this order (answer format ##.##%, round to two decimal)? Blank 1

What is the delivery cycle time for this order (in days)? Blank 2

KENTUCKY CO. has a standard cost system in which manufacturing overhead is applied to units of product on the basis of direct labor hours (DLHs). The following standards are based on 100,000 direct labor hours:

Variable overhead2 DLHs @ P3 per DLH = P6 per unit

Fixed overhead2 DLHs @ P4 per DLH = P8 per unit

The following information pertains operations during March:

Units actually produced 38,000

Actual direct labor hours worked 80,000

Actual manufacturing overhead incurred:

Variable overheadP250,000

Fixed overhead P384,000

Note: Please indicate if the variance is unfavorable or favorable, sample answer format is ###U

For March, the variable overhead spending variance was: Blank 1

For March, the fixed overhead volume variance was: Blank 2

The total production cost for 20,000 units was P21,000 and the total production cost for making 50,000 units was P34,000. Once production exceeds 25,000 units, additional fixed costs of P4,000 were incurred. The full production cost per unit for making 30,000 units is (answer format #.##): Blank 1

Prince Industries manufactures a single product using standard costing. Variable production costs are $13 and fixed production costs are $125,000. Prince uses a normal activity of 12,500 units to set its standard costs. Prince began the year with 1,000 units in inventory, produced 11,000 units, and sold 11,500 units. The standard cost of goods sold under absorption costing would be: Blank 1

Prince Corporation. sells one of its products, a piece of soft-sided luggage, for P60. Variable cost per unit is P34, and monthly fixed costs are P60,000. A combination of changes in the way Prince produces and sells this product could reduce per-unit variable cost to P28 but increase monthly fixed costs to P104,000. Determine the indifference point of the two alternatives (in units, round off to nearest whole number). Blank 1