The Otero Manufacturing Company Collected the Following Information (In Days)

question 75

Multiple Choice

The Otero Manufacturing Company collected the following information (in days) :
$$\begin{array} { | l | r | } \hline & \text { April } \\\hline \text { Transporting product } & 2.0 \\\hline \text { Processing product } & 14.0 \\\hline \text { Inspecting product } & 0.5 \\\hline \text { Storing product } & 6.0 \\\hline\end{array}$$
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What is the manufacturing cycle time?

• A) 14.0 days.
• B) 16.0 days.
• C) 22.0 days.
• D) 22.5 days.

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Definitions:

Gain or Loss

The financial result that occurs when the selling price of an asset differs from its book value.

Current Rate Method

An accounting method for translating foreign currency financial statements where all current-year items are translated at the present exchange rate.

Ending Inventory

The total value of goods available for sale at the end of an accounting period.