Christmas Express makes wreaths in batch sizes of 12. The cutting and assembly process takes...

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Accounting

Christmas Express makes wreaths in batch sizes of 12. The cutting and assembly process takes 8 minutes per wreath, and the decorating process time is 10 minutes per wreath. It takes 12 minutes to move the wreaths from the cutting and assembly process to the decorating process.
a. Compute the value-added, non-value-added, and total lead times of the wreath process.
b. Compute the value-added ratio. Round to one decimal place.
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