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Accounting

Problem:

Christine's Cookie Company receives orders from various retail stores for individually packaged cookies. Last month's production resulted in the following operating times:

Order response time 3.8 days
Storing time 1.2 days
Shipping time 2.0 days
Processing time 1.0 days
Queue time 0.5 days

Required:

Question: What is the customer response time for Wallace Company? What is the value-added time for Wallace Company?

Note: Please show how to work it out.

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Accounting Basics, Accounting

Category:- Accounting Basics
Reference No.:- M91163967

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