The Sit-N-Spin Corporation manufactures and assembles office chairs. Sit-N-Spin uses an activity-based costing system to allocate all manufacturing conversion costs. Each chair consists of 15 separate parts totaling $125 in direct materials, and requires 2.0 hours of machine time to produce. Additional information follows: 
What is the number of finished office chairs?
Definitions:
Total Lead Time
The cumulative time required for a product to complete all stages of production, from initiation to final delivery.
Long Setups
The extended time period required to prepare or configure machinery and equipment for a specific production task.
Large Batch Sizes
This term refers to the production of goods in large quantities at a time, often to achieve economies of scale but possibly increasing holding costs.
Smaller Inventories
Holding reduced levels of stocks or goods to lower storage costs and minimize risk of obsolescence.
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