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1 year ago

True or false: you should measure the inputs to a restaurant process in customers and the outputs in dollars.

Business

1 answer:

kondor19780726 [428]1 year ago

3 0

You should measure the inputs to a restaurant process in customers and the outputs in dollars is a false statement.

<h3>What is the flow of a restaurant?</h3>

This is known to be called the patron's flow and it is one that tends to originate from the entrance to the table of the host, and also to the restrooms as well as the back out.

Note that Flow is seen as a form of volumetric flow rate and it is one that is simply known to be the volume of fluid that moves per unit of time.

Therefore, saying that you should measure the inputs to a restaurant process in customers and the outputs in dollars is a false statement.

Learn more about restaurant process from

brainly.com/question/14672240

#SPJ1

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The per-unit standards for direct labor are 2 direct labor hours at $15 per hour. If in producing 1800 units, the actual direct

Marat540 [252]

Answer:

The correct answer is D.

Explanation:

Giving the following information:

The per-unit standards for direct labor are 2 direct labor hours at $15 per hour. If in producing 1800 units, the actual direct labor cost was $48000 for 3000 direct labor hours worked.

We need to calculate the total direct labor variance, using two formulas:

Direct labor efficiency variance= (SQ - AQ)*standard rate

Direct labor efficiency variance= (1,800*2 - 3,000)*15= $9,000 favorable

Direct labor rate variance= (Standard Rate - Actual Rate)*Actual Quantity

Direct labor rate variance= (15 - 48,000/3,000)*3,000= $3,000 unfavorable

Total direct labor variance= 9,000 - 3,000= $6,000 favorable

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4 years ago

Why is there a time value of money (cash received today is valued more than cash received a year fromnow)?a. Interest rates are

Simora [160]

Answer:

<u>A and B are correct</u>

Explanation :

The TVM concept is based on the value of money which is today may change with time as a rise or fall in prices thus this explains why the interest rates are paid and calculated on the basis of the present values that may change such as future sum of money of cash flows, can get discontinued at the discounted rates.

Future values can be ascertained based on the present value of the product/assert. Thus the interest rates and inflation rates change as the risks and the consumer's needs will always be present and have existed earlier.

It's calculated by the present value and future value of money multiplied by the interest rate and the total number of years. I.e

FV = PV x [ 1 + (i / n) ] (n x t)

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3 years ago

For a risk-free return rate of 5%, a market risk premium of 6%, what is the required rate of return for a security with a beta c

adoni [48]

Answer:

14%

Explanation:

required rate of return = risk free rate of return + ( risk premium x beta)

5% + 1.5 x 6% = 14%

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3 years ago

Halima wants a Manufacturing career. She wants to be very successful and get paid well. Which career pays the highest salary?

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Yes, I agree with Medical Engineer

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4 years ago

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Merchant Company purchased property for a building site. The costs associated with the property were: Purchase price $ 189,000 R

guajiro [1.7K]

Answer:

$213,400 and zero

Explanation:

The computation is shown below:

Cost of the land would be

= Purchase price + Real estate commissions + Legal fees + Expenses of clearing the land + Expenses to remove old building

= $189,000 + $16,400 + $2,200 + $3,400 + $2,400

= $213,400

Since the property is purchase for building site construction so no cost would be recorded in the cost of the new building

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3 years ago