Answer the Following Questions Using the Information Below

question 87

Multiple Choice

Answer the following questions using the information below:
Ventaz Corp has a variable demand. Historically, its demand has ranged from 30 to 50 windows per day with an average of 40. Alex works eight hours a day, five days a week. Each order is one window and each window takes 11 minutes.
-What is the cycle time for an order?

• A) 11 minutes per window
• B) 66 minutes per window
• C) 71.50 minutes per window
• D) 69.50 minutes per window

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Definitions:

Retained Earnings

Net earnings not distributed as dividends but reinvested back into the company or kept as a reserve for future use.

Net Loss

The amount by which a company's expenses exceed its revenues over a specific period, indicating a decrease in net assets.

Discontinued Operations

Components of a company's business that have been disposed of or are classified as held for sale, and whose financial results are separated from ongoing operations.

Extraordinary Items

Events and transactions that are distinguished by their unusual nature and by the infrequency of their occurrence, providing insight into a company's financial health.