-If a Worker Spends 10 Hours Per Day Performing a |

question 71

Multiple Choice

$$\begin{array} { | c | c | c | c | } \hline \text { Work Element } & t ( \mathrm { sec } ) & R F & F \\\hline 1 & 5.6 & 1.1 & 1 \\2 & 3.1 & 1.0 & 1 \\3 & 1.9 & 1.1 & 1 \\4 & 4.0 & 0.8 & 2 \\\hline\end{array}$$
-If a worker spends 10 hours per day performing a task,and the allowance for this task is 19 percent,how many hours during the average day is the worker involved in nonproductive activities?

• A) Fewer than 1.75
• B) Greater than or equal to 1.75 hours but fewer than 5 hours
• C) Greater than or equal to 5.00 hours but fewer than 8.25
• D) Greater than or equal to 8.25 hours

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Definitions:

Inventory

The raw materials, work-in-process goods, and completely finished goods that are considered to be the portion of a business's assets that are ready or will be ready for sale.

Interim Report

A financial statement reported by a company for a period less than one year, often quarterly, that provides updates on its operations and financial status.

Percentage-Of-Completion Method

An accounting method that recognizes revenues and expenses of long-term contracts as a percentage of work completed during the period.