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11111nata11111 [884]
3 years ago
12

each time mayberry nursery hires a new employee, it must wait for some period of time before the employee can meet production st

andard. Management is unsure of the learning curve in its operations but it knows the first job by a new employees averages 40 hours and the second job averages 32 hours. assume all jobs to be equal in size. what is the learning curve percentage, assuming the incremental unit time learning model
Business
1 answer:
spayn [35]3 years ago
5 0

Answer:

Learning percentage = 1.6%

Explanation:

Given - Each time may berry nursery hires a new employee, it must wait for some period of time before the employee can meet production standard. Management is unsure of the learning curve in its operations but it knows the first job by a new employees averages 40 hours and the second job averages 32 hours. assume all jobs to be equal in size.

To find - What is the learning curve percentage, assuming the incremental unit time learning model.

Proof -

First job = 40 hours

Second job = 32 hours

Now,

Job           Job hours               Cumm. of hours               Incremental av. hours

1                    40                              40                                        40

2                    32                             72                                         64

Learning percentage = \frac{64}{40} = 1.6%

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Mrac [35]

Answer:

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Explanation:

I have attached images of my journal entry solutions to this question as required.

5 0
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A company with 100,000 authorized shares of $7 par common stock issued 46,000 shares at $16. Subsequently, the company declared
liq [111]

Answer:

$27,600

Explanation:

Amount transferred from the retained earnings account to paid-in capital accounts as a result of the stock dividend:

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4 0
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A(n) __________ is one that appears to be an agreement but lacks an essential requirement for validity and enforceability. Multi
Iteru [2.4K]

A document that purports to be an agreement but does not include all necessary terms is known as a void contract. Therefore, choice 3 is right.

<h3>What do you mean by a contract?</h3>

A contract is defined as a commitment to do something between two or more parties. A loan arrangement between automobile purchasers and sellers is an illustration of a contract.

An arrangement between two persons to get married is an example of a contract.

A formal contract that is effectively void and unenforceable from the moment it is created is known as a void contract.

Hence, the correct option is Void contract to be filled in given blank

Learn more about contracts:

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3 0
2 years ago
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REY [17]

your answer is build the relationship

8 0
2 years ago
On December 31, 2022, before any year-end adjustments, Canterbury Shoe Repair's Prepaid Insurance account had a balance of $3,50
Helen [10]

Answer:

$2,200

Explanation:

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= $2,200

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