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a_sh-v [17]
2 years ago
15

B. In a time study, an analyst observed a worker who prepared hamburgers at the Blimpy Burger restaurant. The recorded average t

ime for the worker to make a hamburger was 4 minutes. Using the Westinghouse performance rating system, the analyst wrote these codes: Skill C1, Effort E1, Conditions D, Consistency B. Assume the following time allowances: personal allowance 4%, fatigue allowance 3%, unavoidable equipment delays 5%. What is the standard time to prepare a hamburger at the Blimpy Burger restaurant
Business
1 answer:
vampirchik [111]2 years ago
6 0

Answer:

4 minutes and 42 seconds is the standard time.

Explanation:

We observe 4 minutes

<u>The employee has the following factors:</u>

Good Skill(C1)  + 0.06

Fair Effort(E1) - 0.04

Average Conditions: 0.00

Excellent Consistency: +0.03

Sum: 0.05

The worker is 5% above average

<u>The allowance will be:</u>

4% personal + 3% fatigue + 5% equipment = 12%

4.00 minutes x (1.05) x (1.12) = 4.704

We convert that in second: 0.704 x 60 = 42 seconds

4 minutes and 42 seconds is the standard time.

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Matt plans to start his own business once he graduates from college. He plans to save $1,400 every six months for the next five
NemiM [27]

Answer:

$18,453.40

Explanation:

the easiest way to determine how much money Matt is going to save is by using the future value annuity factor. Using a future value annuity table, we must look for the value that correspond to 5% interest and 10 periods =  13.181

Now we multiply our annuity factor times the amount of money that Matt saves every 6 months = $1,400 x 13.181 = $18,453.40

When Matt graduates from college he should have saved $18,453.40.

6 0
3 years ago
The most rigorous test of a firm's ability to pay its short-term obligations is its?
lapo4ka [179]

The working capital ratio is a measurement of a company's short-term capability of paying its financial obligations.

The working capital turnover ratio measures how efficaciously a business makes use of its operating capital to supply sales. A better ratio indicates greater efficiency. In preferred, an excessive ratio can assist your employer's operations to run greater easily and limit the want for added funding.

The working ratio measures a corporation's potential to recover running expenses from annual sales. It's miles calculated by taking general annual fees, aside from depreciation and debt-related charges, and dividing it by the yearly gross income.

The current ratio, also known as the working capital ratio, gives a short view of an enterprise's financial health. You could calculate the current ratio by taking contemporary assets and dividing that discern by means of current liabilities. A ratio above 1 way current belongings exceed liabilities.

Learn more about business here: brainly.com/question/24448358

#SPJ4

6 0
2 years ago
A buyer with a 15-year, $250,000 loan at a 5.5% interest rate has a monthly principal and interest payment totaling $2,042.71. W
lorasvet [3.4K]

<u>Given:</u>

Loan amount = $250000

Interest rate = 5.5%

Interest payment = $2042.71

<u>To find:</u>

Total amount of interest

<u>Solution:</u>

The total number of months in 15 years = 15\times12=180\text{ years }

Total monthly payments will be 180\times \$2042.71 = \$367687.8

So, the total pay-backs will be $3,67,687.8

Total interest paid will be as follows,

\text{Total interest paid = Total pay-backs - Loan amount}

On plugging-in the values in the above formula we get,

\Rightarrow \$3,67,687.8-\$250,000=\$1,17,687.80

Therefore, the total amount of interest that the borrower will pay over the course of the loan is $1,17,687.80.

8 0
3 years ago
Cullumber Company provides the following information about its defined benefit pension plan for the year 2017. Service cost $ 90
Llana [10]

Answer:

$102,080

Explanation:

Given that,

Service cost = $90,500

Interest rate = 9 %

Expected return on plan assets = $62,800

Prior service cost amortization = $10,300

Projected benefit obligation at January 1, 2017 = $712,900

Pension expense for the year 2017:

= Service cost + Interest cost - Expected return on plan assets + Prior service cost amortization

= $90,500 + ($712,900 × 9%) - $62,800 +  $10,300

= $90,500 + $64,080 - $62,800 +  $10,300

= $102,080

8 0
2 years ago
A title clause in a contract provides exactly what type of title the buyer is expecting to receive from the seller: Group of ans
damaskus [11]

Answer:

True

Explanation:

A retention of title clause within a contract of sale essentially means that ownership remains with the supplier, until full payment for the goods has been received. That is the seller of a particular product still holds full custody of his goods until the buyer fully pays for the goods.

3 0
3 years ago
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