The Food Services manager at North Central University (NCU)

QUESTION

Question 1:

The
Food Services manager at North Central University (NCU) was looking at data
from cafeterias in four different academic schools at NCU: Business,
Engineering, Humanities & Sciences (H&S), and Music. She was curious
to see how the different cafeterias were performing. She had the following
data from the previous semester:

Business

Engineering

H&S

Music

Labor hours

15,900

23,200

32,900

2,290

Meals served

39,200

73,200

115,300

4,520

Required:

(a)

Compute the partial productivity
measures for labor for the four schools. (Round
your answers to 3 decimal places.)

School

School

Partial Labor
Productivity

Business

Engineering

H&S

Music

Question2:

As
the cost accounting manager at McKinley Industries (MI), you are responsible
for compiling and reporting various performance measures to the senior
managers. MI instituted many efficiency improvement programs recently and the
CFO has asked you to measure and report total factor productivity based on
three inputs (material, labor, and overhead). From the accounting records,
you also gather the following information for the two years:

Year 2

Year 1

Gallons
input

45,200

40,500

Labor
hours

50,100

39,300

Output
(gallons)

26,500

20,100

Year 2

Year 1

Cost of
inputs (per gallon)

$

69

$

72

Wage
rate (per hour)

$

18

$

5

Total
manufacturing overhead

$

2,870,000

$

3,090,000

Selling
price of output (per gallon)

$

380

$

348

Required:

Compute
the total factor productivity measures for year 1 and year 2 based on the
three inputs (material, labor, and overhead).(Round your answers to 3 decimal places.)

Year 2
Year 1

Total Factor
Productivity

Question3:

Homer Co. has
provided the following information for last year:

Gallons input

9,900

@ $19/gallon

Labor hours

10,000

@ $20/hr

Overhead costs

???

Gallons finished

7,000

@ selling price of $84/gallon

Total factor
productivity

1.0632

The total overhead cost (rounded)
is:

$164,947.
$388,000.
$364,947.
$199,900.

Question4:
Top of Form

The Alma
Company collected the following information (in days):

Inspecting product

5.00

Transporting product

5.00

Storing product

15.00

Manufacturing product

25.00

What is the manufacturing cycle
time?

25.00 days.
45.00 days.
50.00 days.
35.00 days.
Bottom of Form

Question5:

The Lutsen
Machining Co. has the following information for last year:

Tons of metal input

20,000

Labor hours

10,000

Overhead costs

$

117,000

Tons of output
produced

12,000

The partial productivity for labor
is: (Round your final answer to 3 decimal places.)

1.200.
0.833.
2.000.
1.600.

Question6:

The Cascade
Machining Co. has the following information for last year:

Feet of metal input

155,000

Labor hours

17,000

Tons of output
produced

11,000

The partial productivity for metal
is: (Round your final answer to 3 decimal places.)

14.091.
1.545.
0.071.
0.110.

Quesion7:

The Cascade
Machining Co. has the following information for last year:

Feet of metal input

155,000

Labor hours

17,000

Tons of output
produced

11,000

The partial productivity for labor
is: (Round your final answer to 3 decimal places.)

9.118.
1.545.
0.071.
0.647.

Question8:

The Alma
Company collected the following information (in days):

Inspecting product

7.00

Transporting product

5.00

Storing product

21.00

Manufacturing product

49.00

What is the manufacturing cycle
efficiency? (Round your final answer to 2 decimal places.)

59.76%.
65.33%.
80.33%.
63.64%.

Question9:

Matisse Co.
has provided the following information for last year:

Material costs

$

303,000

Labor costs

$

93,000

Overhead costs

$

237,000

Product produced

19,000

units

Total factor
productivity

1.494

The selling price of the product
(rounded) is:

$15.95.
$33.32.
$49.77.
$20.84.

Question10:

ToimiToolworks
Co. has provided the following information for last year:

Tons of metal input

23,000

@ $15.00/ton

Labor hours

29,000

@ $28/hour

Overhead costs

$
575,000

Tons of forging produced

30,000

@ selling price of $64/ton

The total factor productivity
measure is:

1.109.
0.902.
1.034.
0.793.

 

ANSWER

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