The managers of Tax Plus hired three recent accounting graduates. When they started preparing simple tax returns,

Question:

The managers of Tax Plus hired three recent accounting graduates. When they started preparing simple tax returns, it took six hours to complete the first return. The supervisor believes an 80% learning rate is typical for this type of work.

REQUIRED

A. Estimate the cumulative average time per return to prepare two returns.

B. Use a spreadsheet to plot four points on the learning curve and then explain in your own words why the cumulative average time drops.

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Cost Management Measuring Monitoring and Motivating Performance

ISBN: 978-0470769423

2nd edition

Authors: Leslie G. Eldenburg, Susan K. Wolcott

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Question Posted: Jan 26, 2015 01:59 AM

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The managers of Tax Plus hired three recent accounting graduates. When they started preparing simple tax returns,

Question:

Step by Step Answer:

A Hours for two returns would be determined as follows using the le...View the full answer

Cost Management Measuring Monitoring and Motivating Performance

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