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The Following Data Is Related to the Time Required to Post

Question 132

Essay

The following data is related to the time required to post Kriptonite Corporation's daily general ledger entries:
 Number of GL entries posted 850 Total elapsed minutes 340 Rest period minutes 6 Interruption minutes 6.5\begin{array} { l c } \text { Number of GL entries posted } & 850 \\\text { Total elapsed minutes } & 340 \\\text { Rest period minutes } & 6 \\\text { Interruption minutes } & 6.5\end{array} Required:
a.Calculate the standard posting time per GL entry.
b.Calculate the combined rest and interruption time as a percentage of the standard time per GL entry.

Correct Answer:

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a.Standard time/entry = (340 + 6 + 6.5)/...

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