The data collection method in that example is a focus group.
Answer:
1.6 hour
Explanation:
Given
Rate of Arrival =30 per hour
Rate of Processing = 25 per hour
Open Time = 8am
Close Time = 4pm
How long the last package has to wait before it is processed is calculated by;
Duration = ∆Time/∆Rate
∆Time = 4pm - 8am
∆Time = 8 hours
∆Rate = Rate of Arrival - Rate of Processing
∆Rate = 30 - 25
∆Rate = 5 per hour
Duration = 8 hours ÷ 5 per hour
Duration = 1.6 hours
Answer: $88.60
Explanation:
In negotiating a price for the special order, the minimum acceptable selling price per unit is calculated below:
Direct materials = $25.80
Direct labor = $31.80
Variable manufacturing overhead = $11.20
Selling cost = $19.80
Total variable cost = $88.60
Answer: From the Company Menu, select Planning & Budgeting > Set Up Budgets
Explanation:
Quickbooks is a very popular and effective accounting software that is mainly used by Small to Medium Scale Businesses to manage their Accounting affairs with its myriad of functions including on-premises and online cloud functions for ease of operations.
When setting up a new budget with Quickbooks, from the <em>Company menu</em>, click on <em>Planning and Budgeting</em> and then click on <em>Set Up Budgets</em>. After that you should click on <em>Create New Budget</em> and then continue from there.
Answer: The correct answer is "d) The supply of bubble tea will decrease.".
Explanation: If everything else remains constant: An increase in the price of tapioca flour causes producers a higher cost, therefore this higher production cost will cause a decrease in supply.
