subject
Business, 27.06.2019 04:00 annieeeeer

One hour loan offers customized loans. customers call a toll free number with a specific loan request, and obtain a response within an hour. one hour loan's business process includes five activities which must be conducted in the sequence described below. (the time required for each activity is shown in parenthesis): activity 1: answer customer call and record key information. (5 minutes) activity 2: gather and format the information (obtain credit scores, organize customer specific needs) for analysis. (4 minutes) activity 3: analyze the information; check the credit worthiness, and decide loan amount and apr to offer.(6 minutes) activity 4: perform final checks on loan offer. (3 minutes) activity 5: call customer back with the new loan offer and close. (4 minutes) the whole process is conducted by three workers in a worker paced line. the assignment of tasks to worker is the following: w1 does activity 1. w2 does activity 2 and 3. w3 does activity 4 and 5. what are the direct labor costs for one loan applocation? assume a wage rate of $18 per hour.

ansver
Answers: 2

Another question on Business

question
Business, 21.06.2019 21:20
20. sinclair company's single product has a selling price of $25 per unit. last year the company reported a profit of $20,000 and variable expenses totaling $180,000. the product has a 40% contribution margin ratio. because of competition, sinclair company will be forced in the current year to reduce its selling price by $2 per unit. how many units must be sold in the current year to earn the same profit as was earned last year? a. 15,000 units b. 12,000 units c. 16,500 units d. 12,960 units
Answers: 1
question
Business, 21.06.2019 21:30
The following balance sheet for the los gatos corporation was prepared by a recently hired accountant. in reviewing the statement you notice several errors. los gatos corporation balance sheet at december 31, 2018 assets cash $ 44,000 accounts receivable 86,000 inventories 57,000 machinery (net) 122,000 franchise (net) 32,000 total assets $ 341,000 liabilities and shareholders' equity accounts payable $ 54,000 allowance for uncollectible accounts 7,000 note payable 59,000 bonds payable 112,000 shareholders' equity 109,000 total liabilities and shareholders' equity $ 341,000 additional information: cash includes a $22,000 restricted amount to be used for repayment of the bonds payable in 2022. the cost of the machinery is $194,000. accounts receivable includes a $22,000 note receivable from a customer due in 2021. the note payable includes accrued interest of $7,000. principal and interest are both due on february 1, 2019. the company began operations in 2013. income less dividends since inception of the company totals $37,000. 52,000 shares of no par common stock were issued in 2013. 200,000 shares are authorized. required: prepare a corrected, classified balance sheet. (amounts to be deducted should be indicated by a minus sign.)
Answers: 2
question
Business, 22.06.2019 03:30
In return for their with optimizing his painting project, the castle servant informed poly and digit that he saw someone dressed as the king leaving behind a trail of crumbs as he walked into the jester's room late last night. poly and digit have finally found the crisp-collecting culprit — it turns out the jester's shoe size and hair color match the clues that were found! in gratitude, poly and digit agree to the servant with his current task of replacing all of the tables and chairs in the castle. his goal is to determine which furniture company should produce the new furniture. he receives information from a company that customizes elegant furniture, and he wants to analyze the company's production process in order to calculate some problems about cost and availability. read the following scenario, and assist poly and digit as they the servant with his calculations. the fit for a king furniture company requires 2020 hours of labor to produce a standard table, and a chair requires 1212 hours of labor. the labor available is 565565 hours per week. the company can produce at most 3535 chairs per week.
Answers: 1
question
Business, 22.06.2019 06:00
Use this image to answer the following question. when the economy is operating at point b, the us congress is most likely to follow
Answers: 3
You know the right answer?
One hour loan offers customized loans. customers call a toll free number with a specific loan reques...
Questions
question
Mathematics, 23.11.2020 20:50
question
Mathematics, 23.11.2020 20:50
question
Social Studies, 23.11.2020 20:50
question
Mathematics, 23.11.2020 20:50
question
Geography, 23.11.2020 20:50
Questions on the website: 13722360