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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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The answer that fits the blank above would be BALANCE SHEET AND INCOME STATEMENT. The balance sheet serves the copy of the liabilities and assets that a company or firm has recorded for a specific period of time. On the other hand, the income statement shows both the profit and loss that the company has. Therefore, it is based on these two that financial managers are able to calculate ratios.
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The aggregate demand curve slopes downward because it reflects a direct relationship between the price level and the amount of real output demanded. This statement is false.

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It should be noted that a demand curve simply means the graph that illustrates the quantity bought at a price.

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2 years ago
Bigham Corporation, an accrual basis calendar year taxpayer, sells its services under 12-month and 24-month contracts. The corpo
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Explanation:

for 2016

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Income to be recognised in 2016= 14,000 x 6months /12months

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Income to be recognised in 2016= 24,000 x 6months /24months

= 24,000 x 1/4= $6,000

income to be recognized in taxable income in 2016= $7,000 + $6,000= $13,000

for 2017

Income to be recognised in 2017 for 12 months contract term=  Total proceeds x   remaining period of service provided from jan. to june 2017 / Total contract term

Income to be recognised in 2017= 14,000 x 6months /12months

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Income to be recognised in 2016= 24,000 x (24-6) 18months /24months

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Answer:

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