Using a traditional manufacturing approach, a part is machined in two departments: milling and finishing. The part requires 4 minutes milling and 6 minutes in finishing. The part is produced in batch sizes of 30, requiring within-batch wait time of 290 minutes. Move time between the two departments for a complete batch is 8 minutes. How much lead time is value-added? 10 minutes 298 minutes 18 minutes 308 minutes Pin Drop Technologies Inc. plans to manufacture and assemble 1,200 mobile phones in a just-in-time cell. Electronic parts are budgeted to cost $50 per phone. Using just-in-time costing, what entry should be made when just enough electronic parts are purchased to produce 1,200 mobile phone assemblies at $50 per phone