3.5 Process Costing (FIFO Method) | Managerial Accounting
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a company produced 300 units of product l and 150 units of product m during the current period and incurred joint costs of 732product l sells for 8 per unit and product m sells for 16 per un 72545
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5 The required production rate for a certain product is 45 units/hr. Its work content time is 71.5 min. The production line for this product includes 5 automated workstations Because the automated stations are not entirely reliable, the overall line efficiency is expected to be only 88%. All of the other stations will have one worker each. It is anticipated that 6% of each cycle will be lost due to worker repositioning: Balance delay is expected to be 7%. Determine (a) cycle time, (b) number of
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