Multiple Choice
Setup time for a product is 12 hours. A firm that uses JIT and produces the same product has reduced setup time to 1 hour. Setup labour is $6 per hour.
-Refer to the figure.What are the non-value-added costs?
A) $72
B) $66
C) $12
D) $6
Correct Answer:
Verified
Correct Answer:
Verified
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