As Part of a Time Study,a Particular Job Was Analyzed

question 29

Multiple Choice

As part of a time study,a particular job was analyzed.The study included 20 job cycles and the following cumulative times and performance rating factors for each element were reported: Assuming an allowance factor of 15%,the standard time for this job would be

• A)4.35 minutes.
• B)3.67 minutes.
• C)2.712 minutes.
• D)2.358 minutes.

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Definitions:

Unit Product Costs

The calculated cost of producing one unit of a product, including direct materials, labor, and overhead.

Parts Administration

The process and activities involved in managing and overseeing the inventory, ordering, and supply of parts within an organization.

Unit-Level Activity

Activities that vary directly with the production volume such as the use of raw materials or energy consumed during manufacturing.

Batch-Level Activity

Activities and costs incurred for a batch of products, rather than for each individual unit or the entire production process.