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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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3 years ago
LBC Corporation makes and sells a product called Product WZ. Each unit of Product WZ requires 3.5 hours of direct labor at the r
swat32

Answer:

The correct option is D

Labour budget = $1,974,175

Explanation:

The labour budget is the product of the standard labour cost per unit and the budgeted production in units

Labour budget = standard labour cost× production budget in unit

The production budget can bed determined by adjusting the sales budget for closing and opening inventories.  

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6 0
3 years ago
A) According to the Small Business Administration, his business generates too much income to fit its definition of “smallness.”
mario62 [17]

Answer:

From what I can tell, C.

Explanation:

His business could generate up to $8M (3YA) and still be considered a small business. He only has three employees, so he's still small.

5 0
3 years ago
The CFO of Twine Enterprises expects sales to increase from $8,000,000 in 2010 to $12,000,000 in 2011. Current assets in 2010 ar
Paraphin [41]

Answer

The answer and procedures of the exercise are attached in the following archives.

Step-by-step explanation:

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3 years ago
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