Answered step by step
Verified Expert Solution
Question
1 Approved Answer
The following information is related to manufacturing office furniture at Outreach, Inc. a. Accept and arrange raw materials in inventory1 day. b. Store raw materials
The following information is related to manufacturing office furniture at Outreach, Inc. a. Accept and arrange raw materials in inventory1 day. b. Store raw materials in inventory6 days. c. Issue raw materials to various points in the production process1 day. d. Use raw materials to manufacture finished goods2 days. e. Store finished goods-9 days. f. Prepare finished goods for shipping1 day. Compute the manufacturing efficiency ratio at Outreach when preparing for shipping is considered a (i) Non-value-added activity, (ii) Value-added activity. Manufacturing Efficiency Ratio Non-value-added activity Value-added activity 90 % 10%
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started