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sladkih [1.3K]
3 years ago
13

A methods and measurements analyst needs to develop a time standard for a certain task. In a preliminary study, he observed one

of his workers perform this task five times, with the following results: Observation 1 2 3 4 5 Time (Seconds) 84 76 80 84 76 What is the standard time for this task if the employee worked at a 25 percent faster pace than average and an allowance of 20 percent of job time is used?
Business
1 answer:
CaHeK987 [17]3 years ago
3 0

Answer:

120 seconds (2 minutes)

Explanation:

Standard time = normal time + allowances

The normal time is computed using the following formula

normal time = observed time X ratings/100

observed time mean = (84+76+80+84+76)/5 = 80

A person who is 25% faster has a rating of 125%

normal time = 80 X 125/100 = 100 seconds

Allowances is calculated as a percentage of normal time

Allowance = 80 X 20/100 = 20 seconds

Standard time = 100 + 20 = 120 seconds

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Waterfall Company sells a product for $150 per unit. The variable cost is $80 per unit, and fixed costs are $270,000. Determine
Valentin [98]

Answer:

Instructions are listed below.

Explanation:

Giving the following information:

Waterfall Company sells a product for $150 per unit.

The variable cost is $80 per unit

The fixed costs are $270,000.

To calculate the break-even point in units, we need to use the following formula:

Break-even point= fixed costs/ contribution margin

Break-even point= 270,000/ (150 - 80)= 3,857 units

Now, we have to include the desired profit in the formula:

Break-even point= (fixed costs + desired profit)/ contribution margin

Break-even point= (270,000 + 36,000)/ 70= 4,371 units

7 0
3 years ago
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An asset for drilling was purchased and placed in service by a petroleum production company. Its cost basis is $60,000, and it h
Vladimir [108]

Answer:

purchase price $60,000

estimated useful life 14 years

residual value $12,000

depreciation expense using straight line method:

using straight line = ($60,000 - $12,000) / 14 = $3,428.57

depreciation during year 3 = $3,428.57

book value at end of year 5 = $60,000 - ($3,428.57 x 5) = $42,857.15

depreciation expense using SL method and 200% DB method with switchover to SL:

year 1 = $60,000 x 2 x 1/14 = $8,571.43

year 2 = $51,428.57 x 2 x 1/14 = $7,346.94

year 3 = $44,081.63 x 2 x 1/14 = $6,297.38

year 4 = $37,784.25 x 2 x 1/14 = $5,397.75

year 5 = $32,386.50 x 2 x 1/14 = $4,626.64

book value at end of year 5 = $27,759.86

Since the depreciation expense using double balance with switchover to straight line is higher during the first years, then the company should use that method. One extra dollar in depreciation expense = one less dollar in taxable income. It is usually better pay less taxes today than tomorrow.

3 0
3 years ago
Rachel Bailey was quickly hired out of Santa Clara University during the dot-com boom to a company of 100 employees that ran an
alex41 [277]

Answer and Explanation:

Describe the ethical dilemma or dilemmas Rachel faced:

Rachael was faced with the ethical dilemma of accepting her boss's deceptive strategy to increase customer conversion or reject it because it is wrong even though she doesn't have an ethical or right way of increasing customer base

Do you think Rachel's boss' "Cindy Anderson" strategy is ethically acceptable? Why or why not?

What Rachel's boss asked for is wrong and unethical because betraying the trust of existing customers and trying to deceive them by using another identity is dishonest

What is Rachel's obligation to her customers and what are Rachel 's obligations to the company?

Rachel's obligation to the company was to increase customer conversion by using all possible email communications to market company products. Her obligation to customers was to not be deceitful

What do you think is the most important factor in how Rachel responded to the situation: That she thought the proposed "Cindy Anderson" strategy was deceitful or that she thought the strategy would cost the company customers?

The most important factor in her response was that she thought the Cindy Anderson strategy was deceitful and ethically unacceptable.

6 0
3 years ago
Marlee mills owns a home in the village of Sheridan with a market value of $46,800. The assessed value of the home is $16,380. A
astra-53 [7]

Answer:

<em>=>  Danielle pay $573.3 in property tax</em>

Explanation:

To calculate the property tax of the house, we take the property tax rate multiply by the assessed value of the property.

=> <em>Property tax = Assessed Value x Property Tax Rate</em>

The assessed value estimate the market value for the property, however even when there is large gap between these two, the assessed value is still used to calculate property tax because it is its purpose.

So that Danielle pay in property tax:

<em>Property tax = 16,380 x 3.5 = 57,330 cent = $573.3 </em>

<em>=>  Danielle pay $573.3 in property tax</em>

<em />

5 0
3 years ago
The __________ perspective of management, which emerged from the Industrial Revolution, focuses on improving the efficiency, pro
BartSMP [9]

Answer:

classical or scientific

Explanation:

Classical or scientific management was developed by Frederick Taylor, Max Weber and Henri Fayol. It focused on material needs. Companies needed to improve profits by improving productivity and efficiency, while workers were supposed to be only motivated by the salary that they could earn. This theory has a lot of flaws, but you must remember that it was developed more than 100 years ago.

8 0
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