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The owner of Touchdown Sports Bar wants to develop a time standard for the task of mixing a specialty cocktail.In a preliminary study,he observed one of his bartenders perform this task seven times with an average of 90 seconds and a standard deviation of 5 seconds. What is the standard time (ST) for this task if the bartender worked at a twenty percent faster pace than is average,and an allowance of ten percent of job time is used?
Office Equipment
The fixtures, machinery, and devices used in an office environment to support business operations, including computers, printers, and copiers.
Dividends
Payments made by a corporation to its shareholder members, typically out of its profits.
Accounts Payable
Accounts Payable is a liability account on a company's balance sheet representing money owed to suppliers or creditors for goods and services received but not yet paid for.
Trial Balance
A bookkeeping report that lists the balances of all ledgers accounts to check that debits equal credits in the double-entry accounting system.
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