Munsons Machine Shop makes a variety of small metal parts on its machines. They are inventoried for
Question:
Munson’s Machine Shop makes a variety of small metal parts on its machines. They are inventoried for later sale.
REQUIRED:
a. Categorize the activities above using the ASME categories.
b. Add up all the time these activities take. What is the elapsed time?
c. How much of that time is used for process activities? In other words, what amount of the time would a customer be willing to pay for?
Transcribed Image Text:
Activity Time Required D minutes Write up request for materials Take request to parts bin Wait for parts to be retrieved by storekeeper 5 minutes 20 minutes Receive parts 5minutes Calibrate machine 30 minutes
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a ASME categories Preparation activities Write up request for materials Material handling a...View the full answer
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Related Book For
Managerial Accounting An Integrative Approach
ISBN: 9780999500491
2nd Edition
Authors: C J Mcnair Connoly, Kenneth Merchant
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