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disa [49]
1 year ago
8

a _____ is a reasonable estimate of the amount of time needed to perform a task based on an analysis of the work by an operation

s expert.
Business
1 answer:
hichkok12 [17]1 year ago
3 0

A standard time is a reasonable estimate of the amount of time needed to perform a task based on an analysis of the work by an operations expert.

<h3>What is the standard time in accounting?</h3>

The number of standard hours authorized is the number of hours of work time that should have been used during a fiscal period. It is calculated by multiplying the number of units produced by the standard hours per unit.

The time allotted to an operator to complete the specified task under the specified conditions and at the defined level of performance is referred to as standard time. This is how normal time is defined. To arrive at the usual time of a task, some additional time is added to the primary time.

Learn more about Standard time here:

brainly.com/question/29035350

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Sergio039 [100]

Answer:

Option B

Explanation:

Both Nadia and Samantha have insured their cars and willing to pay $100 over the expected loss for insurance. If the car is stolen the company would pay expected loss and would earn nothing and if the car is not stolen the company would not be liable for any loss and would earn $200, Therefore the company would earn between $0 and $200.

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3 years ago
The owner of a bicycle repair shop forecasts revenues of $160,000 a year. Variable costs will be $50,000, and rental costs for t
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Answer and Explanation:

The preparation of the income statement is presented below:

<u>Particulars        Amount </u>

Revenue           $160,000

Less:

Rental Costs       $30,000

Variable Costs     $50,000

Depreciation       $10,000

Profit before tax $70,000

Tax at 35%     -$24,500

Net Income     $45,500

Hence, the net income is $45,500

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Aleksandr [31]

Answer:

2 and 5

Explanation:

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A company launched four new products. The market price, in dollars, of the four products after different number of years is show
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<span>anonymous 2 years ago</span><span>A company launched four new products. The market price, in dollars, of the four products after different number of years is shown below: The price of which product will eventually exceed all others?</span>
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Answer:

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