The following information is related to manufacturing office furniture at Outreach, Inc. Accept and arrange raw...
The following information is related to manufacturing office furniture at Outreach, Inc.
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Accept and arrange raw materials in inventory—1 day.
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Store raw materials in inventory—6 days.
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Issue raw materials to various points in the production process—1 day.
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Use raw materials to manufacture finished goods—2 days.
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Store finished goods—9 days.
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Prepare finished goods for shipping—1 day.
Compute the manufacturing efficiency ratio at Outreach when preparing for shipping is considered a (i) Non-value-added activity, (ii) Value-added activity.
Homework Answers
| Days | Classification | |
| Accept and arrange for the raw material | 1 | Non-value added |
| Store Raw materials | 6 | Non-value added |
| Issue raw materials | 1 | Non-value added |
| Use of raw materials | 2 | Value-added |
| Store Finished goods | 9 | Non-value added |
| Prepare finished goods for shipping | 1 | Non-value added/Value-added |
| Total days | 20 | |
| Shipping considered value added | ||
| Time value added | 3 | |
| Time Non-value added | 17 | |
| Non value added activity (17/20) | 85% | |
| Value added activity (3/20) | 15% | |
| Shipping considered Nonvalue added | ||
| Time value added | 2 | |
| Time Non-value added | 18 | |
| Non value added activity (18/20) | 90% | |
| Value added activity (2/20) | 10% | |
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