Answer:
2.98 minutes per cycle
Explanation:
Total work time = 352 minutes per day
Break time = 16 min*3 = 48 min
Lunch time = 60 min
Total time left = 352 - 48 - 60 = 244 min
Demand = 82 jobs a day
Takt time = Total production time available/Demand
Takt time = 244/82
Takt time = 2.9756
Takt time = 2.98 minutes per cycle
Answer:
Selling price= $79.17
Explanation:
Giving the following information:
Direct materials cost $43
Direct labor cost $11.30
Variable overhead cost $ 5.30
Fixed overhead cost $ 1.30
Target markup 30 %
<u>The absorption costing method includes all costs related to production, both fixed and variable.</u> The unit product cost is calculated using direct material, direct labor, and total unitary manufacturing overhead.
Unit product cost= 43 + 11.3 + 5.3 + 1.3= $60.9
<u>Now, the selling price:</u>
Selling price= 60.9*1.3
Selling price= $79.17
Answer:
Annual deposit= $7,648.27
Explanation:
Giving the following information:
A beach house in Southern California now costs $350,000.
Inflation rate= 5% per year
Interest rate= 13% annual
Number of years= 20
We need to find an annual payment to be made at the end of each year to reach the $350,000 goal.
We need to use the following formula of the future value:
FV= {A*[(1+i)^n-1]}/i
A= annual deposit
Isolating A:
A= (FV*i)/{[(1+i)^n]-1}
Real interest rate= 0.13 - 0.05= 008
A= (350,000*0.08) / [(1.08^20) - 1]= $7,648.27
Answer:
11.11
Explanation:
λ=1/100/day
K=10,000
Therefore the expected length of time for replacing a burned-out lamp is equally the expected waiting time in the system which is W.
L= 1,000 (average number of burned-out lamps)
Effective arrival rate:
¯λ=λ(K-L) =1/100(10,000-1,000) = 90/day
Average length of time it takes to replace a burned-out lamp is:
W=L/¯λ= 1,000/90 =11.11
Mafia, Inc. is not living up to the contract since the company is supposed to replace the burned-out street lamp in an average of 7 days.
A <span>general ledger contains all accounts the company
had transacted. It is the main accounting record in which the figures are used
to produce financial statements. It has debit, credit and account balances for
all assets, liabilities and equity for a given period.</span>
