A widget has a mean time between failures of 218 hr and mean time to repair of 14 hr. In this case, the availability is ______.
A. 94.0%
B. 89.6%
C. 77.3%
D. 88.1%
A. 94.0%
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Which of the following process bubbles would you not expect to see in the Purchasing Process - Level 0 Diagram?
a. make payment b. order goods and services c. receive goods and services d. determine requirements
Two common ways of retiring bonds before maturity are to (1) exercise a call option or (2) purchase them on the open market.
Answer the following statement true (T) or false (F)
In the context of the history of American business, which of the following statements is true of the industrial revolution?
A. Firms aimed at building long-term relationships with their customers. B. There was a gain of personal pride in the production process. C. Production efficiency was at its lowest. D. There was a loss of individual ownership in the production process.
Vanliere Corporation has two production departments, Machining and Finishing. The company uses a job-order costing system and computes a predetermined overhead rate in each production department. The Machining Department's predetermined overhead rate is based on machine-hours and the Finishing Department's predetermined overhead rate is based on direct labor-hours. At the beginning of the current year, the company had made the following estimates: MachiningFinishingMachine-hours 19,000 11,000Direct labor-hours 3,000 6,000Total fixed manufacturing overhead cost$138,700$52,800Variable manufacturing overhead per machine-hour$1.90 Variable manufacturing overhead per direct labor-hour $3.80 During the current month the company started and finished Job A803. The following data
were recorded for this job: Job A803:MachiningFinishingMachine-hours 90 20Direct labor-hours 20 60The amount of overhead applied in the Machining Department to Job A803 is closest to: A. $174,800.00 B. $171.00 C. $828.00 D. $792.00