Determine the average waiting time

Assignment Help Accounting Basics
Reference no: EM13130911

Ballard's Glass Company has a variable demand. Historically, its demand has ranged from 10 to 20 windows per day with an average of 15. John Ballard works eight hours a day, five days a week. Each order is one window and each window takes 26 minutes.

What is the average waiting time, in minutes?

Reference no: EM13130911

Questions Cloud

What is the cost per item in group : Group 3 consists of 500 pieces that are expected to sell for $0.72 each. Using the relative sales value method, what is the cost per item in Group 3? Please show step-by-step answer.
What is present value to be received : What is present value of $2,500 to be received at the beginning of each of 30 periods, discounted at 10% compound interest?
Explain concentrations are equivalent to hcl : Calculate concentrations of H30+ and the pH of each acidic solution. Since HCl is a monoprotic acid, the H30+ concentrations are equivalent to HCl. First do equation: (M con)(V con)=(M dil)(V dil)
What is the current dollar value of this contribution : Boulder City Hospital has just been informed that a private donor is willing to contribute $20,000 per year at the beginning of each year for 15 years. What is the current dollar value of this contribution if the discount rate is 8 percent?
Determine the average waiting time : John Ballard works eight hours a day, five days a week. Each order is one window and each window takes 26 minutes. What is the average waiting time, in minutes?
What will her retirement account be worth at the end : After completing her residency, an obstetrician plans to invest $10,000 per year at the end of each year in a low-risk retirement account. She expects to earn five percent for 35 years. What will her retirement account be worth at the end of these..
What is approximate value of inventory that was destroyed : From January 1 through the time of the fire, the company made purchases of $330,000 and had sales of $720,000. Assuming the rate of gross profit to selling price is 40%, what is approximate value of the inventory that was destroyed?
Compute concentrations of oh and the ph : Calculate concentrations of OH- and the pH of each basic solution. Since NaOH donates on OH- ion for each NaOH molecule, the OH- concentration is equivalent to the NaOH molarity. The pOH is calculated as -log[OH-] and the pH is calculated as 14-pO..
Calculate the effect of the equipment lease : Tranquility, Inc., an exempt organization, leases factory equipment to Blouses, Inc. Blouses is a taxable entity that manufactures women's clothing for distribution through upscale department stores.

Reviews

Write a Review

Accounting Basics Questions & Answers

  Adjusted balance of gleason advertising company

Prepare the adjusting entry at December 31, and using T accounts, enter the balances in the accounts, post the adjusting entry, and indicate the adjusted balance in each account.

  Total direct materials cost variance

Determine (a) the price variance, quantity variance, and total direct materials cost variance; (b) the rate variance, time variance, and total direct labor cost variance; and (c) variable factory overhead controllable variance, the fixed factory o..

  Explain companies are required to report earnings

Publicly traded companies are required to report earnings per share data on the face of the income statement. compare and contrast basic earnings per share with diluted earnings per share for each of the following:

  Consequences on taxation

Joey parked his car on the top of a hill when he went to watch the Superbowl games in San Diego. He did not properly set his brakes or curb the wheels when he packed the car.

  Bankruptcy and internal controls

In response to these problems, Congress passed the Sarbanes-Oxley Act of 2002. Recommend internal controls that would satisfy the Sarbanes-Oxley Act.

  The earnings per share

During 20x8, Voss declared and paid dividends of $80,000 on its common stock. Net income for 20x8 amounted to $500,000. The earnings per share (rounded to the nearest cent) for 20x8 are

  Preparing a statement of financial condition

Prepare a statement of financial condition for Mr. Holz as of December 31, 2008. Assume any gain on subsequent sale of the residence will not be tax-exempt.

  Compute the piecework earnings

during the first week in November, Erin Mills worked 451/2 hours and produced 1,275 units under a piece-rate system. The regular piece rate is $0.35 a unit.

  Prepare bank reconciliation and journal entries

Prepare responses to the following assignments from the e-text, Fundamentals of Financial Accounting 1st ed., by Phillips, Libby, and Libby-Identifying Outstanding Checks and Deposits in Transit and Preparing a Bank Reconciliation and Journal Entri..

  How much is included in keith gross estate based on

At the time of his death on June 6, 2011 Keith was involved in the following real estate.

  Calculate amount of cash and marketable securities

Using Excel show all formulas for following: Firm has current assets of 100 million and current liabilities of 50 million and goes belly-up.

  Compute the inventory by the conventional retail

The records of Mandy's Boutique report the following data for the month of April.

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd