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The manager of a large group of employees must decide whether she needs another photocopying machine. The cost of a machine is $40 per eight-hour day regardless of whether the machine is in use. On average, four people need to use the copying machine per hour. Each person uses the copier for an average of 10 minutes. Interarrival times and copying times are exponentially distributed. Employees are paid $8 per hour, and we assume that a waiting cost is incurred when a worker is waiting in line or is using the copying machine. How many copying machines should be rented?
a water enterprise fund ef issues 4 million of 5 revenue bonds on october 1 2004. the ef will make its first payment of
Chester Books Co. publishes romance novels that are sold to bookstores on the following terms. Each title has a fixed wholesale price, terms f.o.b. shipping point, and payment is due 90 days after shipment. The retailer may return a maximum of 20%..
Prepare Lipman Auto Parts cash budget for January and February.
If the amount of "Cost of Goods manufactured" during a period exceeds the amount of "Total manufacturing costs" for the period then:
What challenges does the city face based on a review of the Management, Discussion, and Analysis and identify the Bond Rating of the reporting entity?
Briefly define the terms proprietorship, partnership, and corporation.
A company has 60,000 shares of common stock issued and outstanding on January 1, 2014. On April 1, the company issues an additional 10,000 shares. On Oct 1 the company repurchases 20,000 shares as treasury stock. What will the company use as it's..
Assume that the auditors find serious weaknesses in the internal control of Black Oil, Inc., a producer and distributor of fine wines. Would these internal control weaknesses cause the auditors to rely more or less upon each of the following types..
Compare the two p-values associated with each test and interpret your result. Had the coin been tossed only 5 times with 2 heads resulting (so that the same pˆ would have been obtained), what will change in how t..
Prepare the necessary journal entry to close the overhead account if the balance is considered immaterial.
For the year ending June 30, 2008, the Austin Corporation has current assets of $ 275,000 and total assets of $ 900,000. It also has current liabilities of $ 150,000, equity of $ 200,000, and retained earnings of $ 100,000. The marginal tax rate f..
What was the cost of advertising and warehouse expense allocated to each of the business based on the traditional method?
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