Solved: Given the following information about a product at phyllis, Managerial Accounting

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Given the following information about a product at phyllis

1. Given the following information about a product, at Phyllis Simon's firm, what is the appropriate setup time?
Annual demand=39,000
Daily demand=150units
Daily production=1,000units
Desired lot size=150units
Holding cost per unit per year=$10
Setup labor cost per hour=$40

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Managerial Accounting: Given the following information about a product at phyllis

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