Question Details

What is the learning-curve percentage



Harold's Picture manufactures various picture frames. Each new employee takes 6 hours to make the first picture frame and 4.8 hours to make the second. The manufacturing overhead charge per hour is $25.

Required: 
a.	What is the learning-curve percentage, assuming the cumulative average method?
b.	What is the time needed to build 8 picture frames by a new employee using the cumulative average-time method? You may use an index of −0.1520.
c.	What is the time needed to produce the 16th frame by a new employee using the incremental unit-time method? You may use an index of −0.3219.
d.	How much manufacturing overhead would be charged to the 16 picture frames using the average-time approach? 




Business Management Assignment Help, Business Management Homework help, Business Management Study Help, Business Management Course Help