Answer:
$4,700
Explanation:
Given that,
Rubio Services had cash receipts = $8,100
Cash disbursements = $9,800
Cash balance on February 28 = $3,000
February 1 beginning cash balance:
= Ending cash balance + Cash disbursements - Cash receipts
= $3,000 + $9,800 - $8,100
= $4,700
Therefore, the beginning cash balance for the month of February is $4,700.
The pandemic and measures were taken to control the spread disease have significantly disrupted economic activity in countries around the world, resulting in significant business interruption losses.
<h3>What was the impact of pandemic over the insurance businesses?</h3>
Businesses across many sectors of the economy faced major decline in the revenue during the pandemic due to which government direct them to close their businesses.
Insurers and their associations around the world stated that most of the policyholders have not acquired insurance coverage which will respond to the business interruption losses that result from pandemic business closures.
Business interruption insurance against pandemic risk could be provided with support from governments based on the experience of risk insurance programs.
Learn more about the insurance business here:-
brainly.com/question/24034584
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Answer:
$7.2 and $10
Explanation:
The computation of the standard cost per unit for direct material and for direct labor is shown below:
Direct materials standard cost per unit is
= 3 lbs × 2.4
= $7.2
And, Direct labor standard cost per unit is
= $15 × 40 ÷ 60
= $10
All the other information which is mentioned in the question is not relevant. Hence ignored it
Answer:
R = 4 customers per minute
I = 12 customers in line
average time (T) = 3 minutes per customer
Explanation:
if we follow Little's Law and its assumptions: L = λW
- L = average number of clients in line = 12
- λ = arrival or departure rate = 4 per minute
- W = average waiting time
W = L / λ
average waiting time = average number of clients in line / average number of clients arriving (or departing) = 12 / 4 = 3 minutes
Little's Law can also be written as I = RT
I = L
R = λ
