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8_murik_8 [283]
4 years ago
13

There are three consecutive steps in a customer service process. The first two steps are each capable of serving 25 customers pe

r hour while the third step can process only 20 customers per hour. How do you describe this system ?
Business
1 answer:
MakcuM [25]4 years ago
3 0

Answer:

If the first two steps are run at full​ capacity, then the third step has a waiting line.

Explanation:

Waiting line is defined as a line of people or vehicles waiting for something. Hence, if the first two step runs in a full capacity been able to serve 25 customers per hour. Meaning for each hour 50 customers will be attended to by the two, then the third will surely be on a waiting line.

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Dan and Lori Cole operated a Curves franchise exercise facility in Angola, Indiana, as a partnership. The firm leased commercial
valentina_108 [34]
1. Form an agreement between themselves to become a partnership.
2. To establish joint ownership and share profits and losses
3. Partners
4. Statute
5. Articles of organization
6. Yes
7. To protect the members from personal liability
8. Investments in the company
9. Yes
10. Yes
11. Before
12. No
13. Reasonable
14. Liable
15. Yes
16. Reasonabl
17. Yes
18. No
19. Would
5 0
2 years ago
Income Statement, Cost of Goods Manufactured Spencer Company produced 200,000 cases of sports drinks during the past calendar ye
Bezzdna [24]

Answer:

Instructions are listed below.

Explanation:

Giving the following information:

Spencer’s accounting records provide the following information:

Direct material:

Purchases of direct materials $2,350,000

Direct materials inventory, January 1: 290,000

Direct materials inventory, December 31: (112,000)

Direct material used= 2,528,000

Direct labor 1,100,000

Manufacturing overhead:

Indirect labor 334,000

Depreciation, factory building 525,000

Depreciation, factory equipment 416,000

Property taxes on factory 65,000

Utilities, factory 150,000

Insurance on factory 200,000

Total= 1,690,000

Work-in-process inventory, January 1: 450,000

Work-in-process inventory, December 31: 750,000

cost of goods manufactured= beginning WIP + direct materials + direct labor + allocated manufacturing overhead - Ending WIP

cost of goods manufactured= 450,000 + 2,528,000 + 1,100,000 + 1,690,000 - 750,000= 5,018,000

4 0
3 years ago
What's the difference between price skimming and price penetration strategies?
schepotkina [342]
Price skimming is when the prices go from high to low consistently and price penetration is the opposite
5 0
3 years ago
A consumer is currently purchasing three pairs of Jeans and five t-shirts per year. The price of jeans is $30 and the price of t
lions [1.4K]

Answer and Explanation:

Given:

Price of jeans = $30

Price of T-shirt = $10

Marginal utility of Jeans = 60

Marginal utility of T-shirt = 30

For maximum utility,

Maximum marginal utility of commodity A = Maximum marginal utility of commodity B

Maximum marginal utility of jeans = 60 / $30 = 2

Maximum marginal utility of T-shirt = 30 / $10 = 3  

Under this situation,

Marginal utility of jeans < Marginal utility of T-shirt

2 < 3

Therefore, he will buy more t-shirt to get maximum utilization.  

3 0
3 years ago
Total payroll of Walnut Co. was $2,760,000, of which $480,000 represented amounts
Tatiana [17]

Answer and Explanation:

The journal entries are shown below:

a)Salaries and Wages Expense $2,760,000  

            To Withholding Taxes Payable  $675,000

            To FICA Taxes Payable  $181,380*

            To Cash  $1,903,620

(Being the salaries and wages expense is recorded)

The computation for the FICA tax payable is

= {(Total payroll - excess amount) × FICA tax rate] + (Excess amount × excess rate)

=  [($2,760,000 – $480,000) × 7.65%] + ($480,000 × 1.45%)

= $181,380  

For recording this we debited the salaries and wages expense as it increased the expenses and at the same time it also increased the liabilities so withholding tax payable and FICA tax payable is credited and since cash is paid which results in reduction of assets

(b) Payroll Tax Expense $193,380  

                        To FICA Taxes Payable  $181,380

                        To   FUTA Taxes Payable

[($2,760,000 – $2,160,000) × 0.8%]  $4,800

                       To  SUTA Taxes Payable ($600,000 × 1.2%)  $7,200

(Being the payroll tax expense is recorded)

For recording this we debited the payroll tax expense as it increased the expenses and at the same time it also increased the liabilities so FUTA tax payable,  FICA tax payable , and SUTA tax payable is credited

4 0
3 years ago
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