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Bezzdna [24]
4 years ago
14

An airline has 365 planes. Each plane requires routine preventative maintenance for which it is taken out of service and sent to

airline's maintenance facility for 5 days. 40 percent of the planes require 2 routine preventative maintenance per year, and 60 percent of planes require 4 routine preventative maintenance per year.
What is the average per year flow rate of planes to the maintenance facility?

a. 1460 planes/year
b. 730 planes/year
c. 1095 planes/year
d. 1168 planes/year
Business
1 answer:
Yanka [14]4 years ago
7 0

Answer:

D. 1168 planes/year

Explanation: Flow rate is a term used to describe the amount of a material or a particle or an equipment or a machine that enters into a given place or system in a given period of time.

The average flow rate per year of the planes into the maintenance facility is calculated as follows

Number of planes requiring 2times yearly maintenance is 40% which

is equal to (40÷100)*365planes=146planes.

The number of planes requiring 4times routine maintenance is equal to 60% which is equal to (60÷100)*365planes=219planes.

THE FLOW RATE FOR THOSE REQUIRING TWO TIMES ROUTINE MAINTENANCE WILL BE 146PLANES*2=292 FLOW RATE.

THE FLOW RATE FOR THOSE REQUIRING FOUR TIMES ROUTINE MAINTENANCE WILL BE 219PLANES*4=876PLANES

TOTAL AVERAGE FLOW RATE PER YEAR WILL BE EQUAL TO 292PLANES + 876PLANES=1168PLANES PER YEAR.

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Answer:

Overhead rate is $30.4

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Case X: Compute cash received from customers:
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Answer:

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Case Y: Cash paid for rent = $141,400

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Accounts receivable, December 31, 2013 27,200

Accounts receivable, December 31, 2014 33,600

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Rent payable, December 31, 2013 7,800

Rent payable, December 31, 2014 6,200

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Merchandise inventory, December 31, 2013 158,600

Accounts payable, December 31, 2013 66,700

Merchandise inventory, December 31, 2014 130,400

Accounts payable, December 31, 2014 82,000

Case X: Cash received from customers:

Accounts receivable

Account Titles                    Debit      Credit

Sales                               $ 515,000

December 31, 2013             27,200

December 31, 2014                           $33,600

Cash received                                  508,600

Case Y: Cash paid for rent:

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Account Titles                    Debit      Credit

Rent expense                             $ 139,800

December 31, 2013                           7,800

December 31, 2014          $6,200

Cash paid                         141,400

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Cost of goods sold                                        $ 525,000

Merchandise inventory, December 31, 2014   130,400

Merchandise inventory, December 31, 2013 (158,600)

Purchases during 2014                                $ 496,800

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Account Titles                           Debit      Credit

December 31, 2013                                $66,700

Purchases during 2014                          496,800

December 31, 2014                $82,000

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