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Paha777 [63]
3 years ago
7

Benny the Barber owns a one-chair shop. At barber college, they told Benny that his customers would exhibit a Poisson arrival di

stribution and that he would provide an exponential service distribution. His market survey data indicate that customers arrive at a rate of two per hour. It will take Benny an average of 20 minutes to give a haircut.
a.What is the average number of customers waiting? (Round your answer to 4 decimal places.)


b.What is the average time a customer waits? (Round your answer to nearest whole number.)


c.What is the average time a customer is in the shop?


d.What is the average utilization of Benny's time? (Round your answer to the nearest whole percent.)
Business
1 answer:
Vedmedyk [2.9K]3 years ago
8 0
Idk this one sorrrrrrrrrrrrrrrrry
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O’Hara Associates sells golf clubs, and with each sale of a full set of clubs provides complementary club-fitting services. A fu
makvit [3.9K]

Answer:

$60.00

Explanation:

Calculation to estimate the stand-alone selling price

Hara Amount $ Note

Staff compensation $50.00

Mark up % 20%

Mark up amount $10.00

(20%*$50)

Standalone selling price of club fitting services $60.00

($50.00+$10.00)

Therefore the estimated stand-alone selling price will be $60.00

8 0
3 years ago
Kathy is working her way through college. she has a job at burger fast where she makes an annual salary of $12,500. what is her
Liula [17]
520.83 cents take the amount divide it by 12 then 2.
7 0
3 years ago
Financial assistance intended to aid students in reaching their educational goals is called _____.
Westkost [7]
Answer

"D"


I'm not so sure
5 0
3 years ago
Read 2 more answers
g. You are deriving a gross income multiplier in the appraisal of a 14-unit apartment building. Market data is as follows: 16 un
liubo4ka [24]

The GIM suggested for the 14-unit property is 8.

Data and Calculations:

                                            16 units      12 units        4 units

Selling price                   $1,200,000  $960,000   $480,000

Gross income                    $150,000  $120,000      $48,000

Gross Income Multiplier               8               8                  10

A 14-unit apartment building's suggested GIM = 8                

A property's gross income multiplier (GIM) measures the property value by dividing the property's sale price by its gross annual rental income.

Thus, the GIM suggested for the 14-unit property is <em>8.</em>

Learn more: brainly.com/question/14477119

3 0
2 years ago
applied vs. actual manufacturing overhead davis manufacturing corporation applies manufacturing overhead on the basis of 150% of
Mashcka [7]

Answer:

Subapplication of    22,500

journal entry:

WIP                   4,500 debit

finished goods 2,250 debit

COGS               15,750 debit

    factory overhead               22,500 credit

Explanation:

Direct Labor cost during the year:

60,000 + 30,000 + 210,000 = 300,000 direct labor

<u></u>

<u>Applied overhead:</u>

cost driver x predetermined rate

300,000 x 150% = 450,000

Actual overhead:   472,500

Subapplication of    22,500

as this is a significant amount we must adjust the WIP  inventory, cost of goods sold and fnished goods inventory

to know the adjustment on each account we calcualte each account percentage:

300,000   -->   22,500

60,000 --> 60,000/300,000 x 22,500 = 4,500 endingWIP

30,000 --> 30,000/300,000 x 22,500  = 2,250 finished goods

210,000--> 210,000/300,000 x 22,500 = 15,750 COGS

we do the adjuting entry to increase overhead and transfer into each concept

8 0
3 years ago
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