Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. accounting
  3. to determine the standard time for a job with four

To determine the standard time for a job with four tasks, a time study was...

70.2K

Verified Solution

Question

Accounting

image
To determine the standard time for a job with four tasks, a time study was conducted. Observed times and performance ratings for al cycles are shown in the table below. OBSERVATIONS (inutes per cycle Element 1 2 Performance Rating 855 se 125 110 1 8.40 1.40 3.75 1.6 2.45 1.40 0.75 0.39 1035 10.55 1.00 QUES 1185 0.0 ies a. 1.25 0.75 0.35 1.40 8.70 1.10 4 2.05 a. Calculate average cycle time for each element. (Round your final answers to 3 decimal places.) Element Average cycle 1 2 14 b. Calculate normal time for each element. (Round your final answers to 3 decimal places.) Normalne Tiemni 1 2 3 4 C. Assuming an allowance factor of 90 percent of job time, compute the standard time for each element of this job(Round your final answers to 3 decimal places.) Thement Stone 2 3 4

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students