A Methods and Measurements Analyst for Timepiece,Inc

question 43

Multiple Choice

A Methods and Measurements Analyst for Timepiece,Inc.needs to develop a time standard for the task of attaching a watch to a wristband.In a preliminary study,he observed one of his employees perform this task five times,with the following results: What is the standard time (ST) for this task if the employee worked at a twenty percent faster pace than the average,and an allowance of twenty percent of the workday is used?

• A)20 seconds
• B)24 seconds
• C)25 seconds
• D)28.8 seconds
• E)30 seconds

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Definitions:

Reportable Segments

Reportable segments are parts of a business that can be separately identified by the nature of their operations, products, services, or geography, and for which discrete financial information is available and regularly reviewed by the entity's chief operating decision maker.

Depreciation

The accounting process of allocating the cost of tangible assets over their useful lives.

Capital Expenditures

Capital expenditures are funds used by a company to acquire, improve, or maintain physical assets such as property, industrial buildings, or equipment.

Interim Financial Reporting

Financial statements prepared and disclosed at intervals shorter than a fiscal year, typically quarterly.