If the manufacturing cycle efficiency is 0.725 and the total manufacturing time is 45 minute, then the value added manufacturing time will be _________?
Correct answer: C. 32.625
- A. 42.625
- B. 36.724
- C. 32.625
- D. 41.625
Explanation
Manufacturing cycle efficiency equals value-added manufacturing time divided by total manufacturing time. Therefore, value-added time is 0.725 × 45 = 32.625 minutes.
Report an error
The more specific you are, the faster it gets fixed. A source beats an opinion.
Prefer email? support@testustad.com
About Cost Accounting
Cost accounting measures and analyses the cost of producing goods or providing services for planning, control and pricing decisions. It covers direct and indirect costs, fixed and variable costs, job and process costing, break-even analysis, marginal costing, overhead allocation, and the difference between product cost and period cost.
Practise Cost Accounting
941 free Cost Accounting MCQs from Accounting, each with the correct answer and an explanation. Unlimited attempts, no account needed.
Exams that ask Accounting questions like this
Accounting is on 2 papers prepared for on TestUstad, and all of them draw the same bank, so this question is worth knowing for every one of them.
More Cost Accounting questions
The formal way of differentiating, between non-random and random variations, in manufacturing process is classified as ____________?
The cost operations such as wages, salaries, depreciation, utilities and rent are summed together to calculate __________?
If the number of employees who left the job are 40, the total number of employees are 200, then the employee turnover ratio will be __________?
The chart which represents how regularly the defect occurs in production process is classified as ___________?
The delivery of goods by the time it is contracted to be delivered is known as ____________?
The time a company takes until a good is produced after order placement is known as ___________?