Consider the Work Sampling Information Below $\text { Cycles (Actual Time in Seconds) }$

question 35

Essay

Consider the work sampling information below. $\text { Cycles (Actual Time in Seconds) }$
$\begin{array} { | l | l | l | l | l | l | l | } \hline \begin{array} { l } \text { Work } \\\text { Task }\end{array} & 1 & 2 & 3 & 4 & 5 & 6 \\\hline \text { Q } & 25 & 30 & 27 & 31 & 22 & 20 \\\hline \text { R } & 40 & 52 & 35 & 42 & 47 & 38 \\\hline \text { S } & 60 & 62 & 50 & 55 & 62 & 58 \\\hline\end{array}$
a. If the performance rating factor for Q = 0.80, R = 1.10, and S = 1.10 and the total allowance is 17 percent, determine the normal time for the job.
b. With the allowance of 17 percent, determine the output per hour.

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Definitions:

Debt Investments-HTM

Debt Investments-HTM (Held-to-Maturity) are debt securities a company intends and is able to hold until they mature, recorded at amortized cost.

Bonds Payable

Long-term liabilities representing money a company owes to holders of its bonds, which must be repaid at a future date.

Debt Investments-HTM

Investments in debt securities intended to be held to maturity, accounting for fixed-income investments until they are redeemed.

Bonds Mature

The point in time when a bond's principal amount is due to be paid back to the bondholder.