1.
To compute: Waiting time per student.
Given information:
Average number of students per day is 300 students.
Time taken to advice a student is 12 minutes.
Number of advisors is 10 advisors.
Working time of each advisor is 10 hours.
Minutes in an hour are 60 minutes.
Calculated value,
Maximum amount of time available is 6,000 minutes.
2.
To compute: Waiting time per student.
Given information:
Average number of students per day is 420 students.
Time taken to advice a student is 12 minutes.
Number of advisors is 10 advisors.
Working time of each advisor is 10 hours.
Minutes in an hour are 60 minutes.
Calculated value,
Maximum amount of time available is 6,000 minutes.
3.
To compute: Waiting time per student.
Given information:
Average number of students per day is 420 students.
Time taken to advice a student is 10 minutes.
Number of advisors is 10 advisors.
Working time of each advisor is 10 hours.
Minutes in an hour are 60 minutes.
Calculated value,
Maximum amount of time available is 6,000 minutes.
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Chapter 19 Solutions
Cost Accounting
- Gross profit?? General Accountarrow_forwardSauerbraten Corp. reported 2007 sales ($ in millions) of $2,157 and a cost of goods sold of $1,827. The company uses the LIFO method for inventory valuation. It discloses that if the FIFO inventory valuation method had been used, inventories would have been $63.3 million and $56.8 million higher in 2007 and 2006, respectively. If Sauerbraten used the FIFO method exclusively, it would have reported 2007 gross profit closest to? a. $324. b. $330. c. $337.arrow_forwardHi experts please provide solution this general accounting questionarrow_forward
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