Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

(35 points) Puff 'n' Stuff Services is a small company that assembles mailings for clients in the Atlanta area. Different-size envelopes are stuffed with various

image text in transcribed
(35 points) Puff 'n' Stuff Services is a small company that assembles mailings for clients in the Atlanta area. Different-size envelopes are stuffed with various items such as coupons, advertisements, political messages, and so on, by a staff of workers, who are paid on a piece- rate basis. A time study of a job has been conducted by an engineering consulting firm using a subject stuffing manila envelopes. The observations from the time study for 10 cycles of the five-element job and the performance rating for each element are as follows. 1) Elemental Times (min) Element 1 2 3 4 5 6 7 8 9 10 RF 1 0.09 0.10 0.12 0.09 0.08 0.07 0.09 0.06 0.10 0.09 1.10 2 0.08 0.09 0.08 0.07 0.10 0.10 0.08 0.06 0.11 0.09 0.95 3 0.15 0.13 0.14 0.16 0.12 0.15 0.16 0.15 0.15 0.14 0.90 4 0.10 0.09 0.09 s 0.11 00s 0.09 0.10 0.10 009 1.00 5 0.06 0.05 0.09 0.06 0.07 0.05 0.08 0.05 0.09 0.07 0.95 a. using an allowance factor of 12%, compute the standard time for this job. b. If the firm pays workers a piece rate of $0.04 per envelope for this job, what would the average worker make per hour, and what would the subject of the study make per hour

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image_2

Step: 3

blur-text-image_3

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Forensic Accounting

Authors: Greg Shields

1st Edition

1727480988, 978-1727480986

More Books

Students also viewed these Accounting questions

Question

=+Could you create an interactive game on the website?

Answered: 1 week ago