1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Salsk061 [2.6K]
3 years ago
9

Calculating Standard Quantities for Actual Production Guillermo's Oil and Lube Company is a service company that offers oil chan

ges and lubrication for automobiles and light trucks. On average, Guillermo has found that a typical oil change takes 27 minutes and 6.4 quarts of oil are used. In June, Guillermo's Oil and Lube had 960 oil changes. Required: 1. Calculate the number of quarts of oil that should have been used (SQ) for 960 oil changes. 6,144 quarts 2. Calculate the hours of direct labor that should have been used (SH) for 960 oil changes. direct labor hours 3. What if there had been 950 oil changes in June
Business
1 answer:
vova2212 [387]3 years ago
5 0

Answer:

Number of quarts for 960 oil changes= 6,144 quarts

No of hours for 960 oil changes = 432 hours

Number of quarts for 950 oil changes=6,080 quarts

No of hours  for 950 oil changes= 427.5 hours

Explanation:

Guillermo's Oil and Lube Company

1.Number of quarts for 1 oil change = 6.4 quarts of oil

Number of quarts for 960 oil changes= 6.4 quarts of oil *960= 6,144 quarts

2. Number of minutes for 1 oil change = 27 minutes

Number of minutes for 960 oil changes = 27 minutes*960= 25920 minutes

No of hours for 960 oil changes = 25920/60= 432 hours

3.Number of quarts for 1 oil change = 6.4 quarts of oil

Number of quarts for 950 oil changes= 6.4 quarts of oil *950= 6,080 quarts

Number of minutes for 1 oil change = 27 minutes

Number of minutes for 950 oil changes = 27 minutes*950= 25650 minutes

No of hours  for 950 oil changes= 25650/60= 427.5 hours

You might be interested in
People holding money in anticipation that bond yields will rise is an example of
Anton [14]
Money demand for transactions
6 0
3 years ago
The marginal product of labor in the production of computer chips is 3030 chips per hour. The marginal rate of technical substit
fredd [130]

Answer:

150

Explanation:

As we know that

The marginal rate of technical substitution ​(MRTS) = Marginal product of labor ÷ Marginal product of capital

where,

The marginal rate of technical substitution ​(MRTS) = 0.20

And, the marginal product of labor is 30 chips per hour

So, the marginal product of capital is

= 30 chips per hour ÷ 0.20

= 150

The marginal rate of technical substitution ​(MRTS​) shows a relationship between the marginal product of labor and the marginal product of capital

5 0
3 years ago
Jasper is interested in making a lot of money. He is a very good salesperson. People tell him he could sell sand in the Sahara D
den301095 [7]

Answer:

b its b  because it says he works hard and he is willing to get a good salary

3 0
3 years ago
John earns $5.75 per hour. He worked 40.0 hours last week. What was the amount of his check?
Nataliya [291]
John would have made 230$
5 0
3 years ago
Read 2 more answers
Puffin Corporation makes a property distribution to its sole shareholder, Bonnie. The property distributed is a car (basis of $3
Svetllana [295]

Answer:

Puffin’s E & P after taking into account the distribution of the car is $6,000.

Explanation:

E & P will be decreased by the higher of the adjusted basis or the fair market value of the distributed property, net of any liabilities. The distribution losses will not be taken into consideration when determining E & P. Thus the current E & P of Puffin’s $30,000 is reduced by $24,000 ($30,000 basis of the car minus the liability amount). The remaining after the distribution current E & P will be $6,000.

Therefore, Puffin’s E & P after taking into account the distribution of the car is $6,000.

5 0
3 years ago
Other questions:
  • Four Seasons Hotels sell private residences in several of their properties and sends direct mail to prospective residents asking
    5·1 answer
  • __________ are such things as product, price, place, and promotion and are considered part of the environment that influences th
    11·1 answer
  • Estimate the effective annual rate (ear) for a continuously compounded annual nominal rate of 8.00%.
    6·1 answer
  • When output increases, the PPC of the economy __________ , indicating ________in the economy.
    5·2 answers
  • Sometimes when an organization first starts horizontal coordination efforts to promote innovation, is needed to help employees c
    5·1 answer
  • Network Inc, a British software company, is setting up a new firm in India. Nathan, the manager, has arranged a training program
    9·1 answer
  • A magazine company's Unearned Revenue account had a balance of $12,700 on January 1, 2013. On December 31, 2013, as part of the
    10·1 answer
  • Diego has been hired as a consultant to review a company’s contracting and purchasing procedures. He began by reviewing recent c
    7·1 answer
  • Jay and Carrie Garrett operate a small retail store in a college town that sells only house plants and accessories, which they n
    9·1 answer
  • You are on the team of executives at Star Bank. You have been meeting as a team to discuss the future of the bank, including big
    15·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!