Munsons Machine Shop makes a variety of small metal parts on its machines. They are inventoried for

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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?

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Related Book For  book-img-for-question

Managerial Accounting An Integrative Approach

ISBN: 9780999500491

2nd Edition

Authors: C J Mcnair Connoly, Kenneth Merchant

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