Weston,Inc

question 14

Multiple Choice

Weston,Inc.,produces widgets.To manufacture a new type of widget,it took 12 iterations before the process reached a steady state of 8 hours.If Weston has a 77% learning rate,use the logarithmic approach to calculate the time it took to manufacture the first widget.

• A)20.42 hours
• B)21.62 hours
• C)19.36 hours
• D)18.10 hours

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Definitions:

Direct Materials

The raw materials directly traceable to the production of specific goods or services, considered a variable cost.

Period Cost

Expenses that are not directly tied to the production of goods, such as selling, general, and administrative expenses, which are expensed in the period incurred.

Factory Maintenance Equipment

Tools, machinery, and other equipment used for the upkeep of a manufacturing facility.

Company Showroom

is a dedicated space where a business displays its products or prototypes for customers to view, typically used for marketing and sales purposes.