Answer:
The percentage decrease in utilization is 83.33%
Explanation:
According to the data, we have the following:
Coefficient of variance, m = 3
Arrival rate, ra = 45 per hour
Service rate, re = 18 per hour per lane
Therefore, in order to calculate the percentage decrease in utilization when one more checkout lane is added to the system, we have to use the following formula:
So, percentage decrease in utilization = ra / (m.re)
= 45 / (3*18) = 0.833
The percentage decrease in utilization is 83.33%
Answer and Explanation:
Magnus Co should refer to FAS 160/ARB-51-9
Retained earnings are profits of the business after deduction of dividend. It is located in the equity section of the statement of financial position/balance sheet of the reporting entity
Calculated retained earnings +profit/loss for the year - dividends
A
A subsidiary must be consolidated and reported by an entity with an interest in it if it has a majority stake in the company of over 50 percent voting shares
FAS 160 has replaced ARB 51
Jim can recover even if he was negligent and violated the employer's rules.
Option D is correct.
<u>Explanation:
</u>
Employee compensation is a system that is publicly sponsored and pays financial benefits to employees who are injured during their work. The coverage of the employee is an insurance form that provides compensation for accidents or handicaps suffered by its employees.
The workers ' compensation act guaranteed that all employees injured at work received daily insurance and paid for hospital costs. By return, disabled workers earned the right to sue their bosses and supervisors for wrongdoing and earned the right to claim damages for pain and misery.
The payment for employees is basically a scheme of no consequence if the wounded employee is not at issue with the negligence of its own responsibility or the misconduct of his or her boss or friends, but only for his or her labor-related injuries is included in the injured workplace.
Answer:
Total equivalent units= 60,300
Explanation:
Giving the following information:
Beginning inventory= 5,000 units
An additional 68,500 units were transferred in from the prior department.
There were 33,000 units in the ending work in process inventory of the Assembly Department that were 60% complete concerning conversion costs.
We need to calculate the number of conversion units.
We will use the following structure:
Beginning WIP= 5,000
Transferred-in= 68,500
Total= 73,500
Ending WIP= (33,000)
Complete units= 40,500
The calculation for completion WIP:
ending wip*completion of WIP
33,000*0.6= 19,800
Total equivalent units= 40,500 + 19,800= 60,300
The manager of a profit center has control over both costs and revenues, but not over the use of funds.
A profit center's manager controls cost and income but not how investment funds are used. They help management make decisions on how to allocate funds, come up with plans for underperforming units, etc. They aid in financial control by making it easier to spot differences between planned and actual spending.
<h3>
What does a profit center manager do?</h3>
In a profit center, the manager is in charge of the subunit's revenue production. Additionally, they are in charge of the costs and expenditures made by the component as part of regular company operations. Therefore, the profit of the subunit is the responsibility of the manager of a profit center.
A profit center manager is responsible for both sales and outlays expenses, and consequently for profits. This means that the manager is responsible for overseeing the cost-generating activities while pushing the sales revenue-generating activities that result in cash inflows.
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