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Brums [2.3K]
3 years ago
6

An enterprising student has set up an internship clearinghouse for business students. Each student who uses the service fills ou

t a form and lists up to 13 companies that he or she would like to have contacted. The clearinghouse has a choice of two methods to use for processing the forms. The traditional method requires about 12 minutes to review the form and arrange the information in the proper order for processing. Once this setup is done, it takes only four minutes per company requested to complete the processing. The other alternative uses an optical scan/retrieve system, which takes only five minutes to prepare but requires four minutes per company for completing the processing.
If it costs about the same amount per minute for processing with either of the two methods, when should each be used?
Business
1 answer:
GalinKa [24]3 years ago
3 0

Answer: See Explanation

Explanation:

Using the first method goes thus:

Form Processing = 12 minutes

Time taken to complete processing = 4 minutes

Total Time for processing will be:

= 12 + (4 × 13)

= 12 + 52

= 64 minutes

Method 2

Form Processing = 5 minutes

Time taken to complete processing = 4 minutes = 4 minutes

Total Time for processing will be:

= 5 + (4 × 13)

= 5 + 52

= 57 minutes

Hence method 2 is better because it's faster as it used a lesser time to process the compared to method 1.

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Upon completing an aging analysis of accounts receivable, the accountant for Rosco Works prepared an aging of accounts receivabl
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Answer:

the bad debt expense is $6,830

Explanation:

The computation of the bad debt expense is shown below:

= Estimated uncollectible amount + debit balance of allowance for doubtful accounts

= $6,300 + $530

= $6,830

Hence, the bad debt expense is $6,830

We simply added the above amount as it represent the bad debt amount

The same is to be considered  

6 0
3 years ago
The following proceeds received by Grove City in year 1 are legally restricted to expenditure for specified purposes: Donation b
tatiyna

Answer:

The $1,200,000 should be accounted for in Grove’s special revenue funds

Explanation:

Special revenue fund: The special revenue fund is a fund that is introduced by the government to collect the money from the public. It is made to fulfill the need for specific purposes/ projects.  

The computation of special revenue funds is shown below:

= Income received for providing the meals to the needy people + financing of sales tax with respect to tourist facilities maintenance in the shopping district

= $300,000 + $900,000

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4 0
3 years ago
Banks pay their customers interest on the money in their accounts for what reason? A. That money earns interest when the bank lo
Bezzdna [24]

Answer:

A. That money earns interest when the bank loans it out.

Explanation:

Banks pay their customers interest on the money in their accounts because that money earns interest when the bank loans it out.

4 0
3 years ago
With free trade, that is, assuming no tariff, the outputs produced by domestic and foreign producers would be:_______.
SIZIF [17.4K]

The Correct 1 unit and 15 units are the outputs produced by domestic and foreign producers with free trade assuming there is no tariff.

<h3>What is a free trade?</h3>

This refers to an international business policies that occurs when goods and services can be bought and sold between countries without tariffs, quotas or other restrictions being applied.

This policy tends to increase the volume of international trade among member countries and also allow them to increase their specialization in their respective comparative advantages.

Hence, in the graph given, the Correct 1 unit and 15 units are the outputs produced by domestic and foreign producers with free trade assuming there is no tariff.

Read more about free trade

brainly.com/question/10608502

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4 0
1 year ago
A new triage team is being brought onto Salesforce and needs to have separate case statuses. How can this requirement be met?1.
vladimir2022 [97]

Answer:

The correct answer is number "3": Create a new Support Process.

Explanation:

Support processes have are meant to ensure the main processes of the company's operations will work. In Salesforce, they can be created by going to "Setup" and selecting "Support Processes". After clicking "New", we should rename the support process. Finally, we must tap the "Save" button so the changes are stored.

8 0
3 years ago
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