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Gre4nikov [31]
2 years ago
11

​Bill's Barbershop has two barbers available to cut​ customer's hair. Both barbers provide roughly the same experience and​ skil

l, but one is just a little bit slower than the other. The process flow below shows that all customers go through steps B1 and B2 and then can be served at either of the two barbers at step B3. The process ends for all customers at step B4. The numbers in parentheses indicate the minutes it takes that activity to process a customer.
A. How long does it take the average customer to complete this process.
B. What single activity is the bottleneck for the entire process?

Business
1 answer:
svlad2 [7]2 years ago
8 0

Answer:

A. It will take average customer to complete this process in 42minutes

B. B1=6.7 ,B2=8.6, B3=5 B4 =4

Explanation:

The process flow and calculation is attached

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Richards Corporation uses the weighted-average method of process costing. The following information is available for October in
Lemur [1.5K]

Answer:

$2.64 per units

Explanation:

The computation of the cost per equivalent unit of material is shown below:

Cost per equivalent unit is

= (Beginning conversion cost + cost incurred during October) ÷ (Total equivalent units)

= ($99,700 + $939,300) ÷ (390,000 units  + (40,000 units × 10%))

= $1,039,000 ÷ 394,000 units

= $2.64 per units

We simply applied the above formula

8 0
2 years ago
A seller uses a periodic inventory system, and on April 4, it sells $5,000 in merchandise on credit (when its cost is $2,400) to
RoseWind [281]

Answer:

Periodic Inventory System

Journal Entries

April 4 Debit Accounts receivable $5,000

Credit Sales revenue $5,000

To record the sale of goods on credit, terms of 3/10, n/30.

April 5 Debit Sales returns $500

Credit Accounts receivable (cash) $500

To record the return of goods for a cash refund.

Explanation:

a) Data and Analysis:

April 4 Accounts receivable $5,000 Sales revenue $5,000 credit terms of 3/10, n/30.

April 5 Sales returns $500 Accounts receivable (cash) $500

b) The seller uses a periodic inventory system.  Therefore, the cost of goods sold will not be recorded on April 4 until April 30, when there will be a physical count of inventory to determine the closing inventory.  With the beginning and ending inventories together with the purchases account, the cost of goods sold can then be calculated.

6 0
2 years ago
The variety of Riverside Ranger logo T-shirts includes 12 different designs. Setup between designs takes one hour (and $18,000),
cluponka [151]

Answer:

The production exhibit both scope economics and scale economics. They are not mutually exclusive.

Explanation:

Looking at the scenario critically, we will clearly see the tendency of a scope economics. Scope economics basically hinges on getting a competitive advantage, essentially because of producing in large quantities and numbers. Riverside Ranger logo T-shirts exhibits this as it produce its products in large numbers, producing 1000 pieces of a particular design in 1 hour.

In same breath, we also have the scale economics exhibited by the organization. Taking a deeper look at the cost representation, we will see that the average cost tend to reduce as the production increases. Thus, an economic of scale is achieved here by leveraging on the mass and swift production style of Riverside Rangers logo T-shirts.

7 0
2 years ago
You were appointed the manager of Drive Systems Division (DSD) at Tunes2Go, a manufacturer of portable music devices using the l
Volgvan

Answer:

Answer is explained below.

Explanation:

A.

Assume the new testing equipment is rented and installed on December 31 and impact on this year's divisional operating profit

Loss from equipment write-off

Sales revenue 9,820,000    

Operating costs:    

Variable -1,190,000    

Fixed (cash expenditures) -4,390,000    

Equipment depreciation -960,000    

Other depreciation -710,000    

Loss from equipment write-off -5,040,000    

Operating profit (loss) before taxes

Operating profit (loss) before taxes=-$2,470,000(Loss)

Loss from equipment write-off= Value of equipment -Equipment Depreciation =$6,000,000-$960,000=$5,040,000

B.

Assume the new testing equipment is rented and installed on December 31. and the impact on next year's divisional operating profit

Sales revenue 9,820,000+690,900=10,510,900 Add 7% of 9,820,000=690,900  

Operating costs:    

Equipment rental -1,370,000    

Variable -1,190,000    

Fixed cash expenditures -4,390,000+263,400=-4,126,600 6%of 4,390,000=263400  

Equipment depreciation -960,000    

Other depreciation -710,000    

Operating profit (loss) before taxes 2,154,300(Profit)  

C.

Would you rent the new equipment - Yes Because it is benificial for Company as it is earning profit of $2,154,300

3 0
2 years ago
Diane would like to use social media for her fresh produce market. Which of these will most likely engage social media users
mafiozo [28]

Answer:

Talk About Your Topic (Not Just Your Brand) ...

Join Question & Answer Sessions. ...

Share Other People's Content. ...

5. Make Your Posts Visual. ...

Add Relevant Hashtags (#) to Your Posts. ...

Create Polls & Surveys. ...

Run Contests and Giveaways. ...

Post Frequently (and at optimal times)

Explanation:

8 0
2 years ago
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