Refer to the information for Theta Company above. Theta Company has the following data for one of

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Refer to the information for Theta Company above.

Theta Company has the following data for one of its manufacturing plants:

Maximum units produced in a quarter (3-month period): 400,000 units

Actual units produced in a quarter (3-month period): 375,000 units

Productive hours in one quarter: 20,000 hours

Required:

Compute the

(1) Theoretical cycle time (in minutes),

(2) Actual cycle time (in minutes),

(3) Theoretical velocity in units per hour,

(4) Actual velocity in units per hour.

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Related Book For  book-img-for-question

Managerial Accounting The Cornerstone of Business Decision Making

ISBN: 978-1337115773

7th edition

Authors: Maryanne M. Mowen, Don R. Hansen, Dan L. Heitger

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