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2 years ago

The dedcution SIPOC is an output

Business

1 answer:

Valentin [98]2 years ago

5 0

Answer:

In process improvement, a SIPOC (sometimes COPIS) is a tool that summarizes the inputs and outputs of one or more processes in table form. It is used to define a business process from beginning to end before work begins.

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For the year ended december 31, 2019, davidson mart had sales of $800,000 and cost of goods sold of $600,000. davidson estima

Degger [83]

Adjusting journal entry on December 31, 2019 is as follows:
Debit - Sales Returns and allowances - 16,000.00
Credit - Accounts Receivable - 16,000.00

5 0

3 years ago

g g its first year of operations, the McCormick Company incurred the following manufacturing costs: Direct materials, $7 per uni

Vika [28.1K]

Answer:

Inventory= $238,000

Explanation:

Giving the following information:

Direct materials, $7 per unit

Direct labor, $5 per unit

Variable overhead, $6 per unit

Fixed overhead, $270,000.

The company produced 27,000 units, and sold 18,500 units, leaving 8,500 units in inventory at year-end.

Unitary fixed overhead= 270,000/27,000= $10 per unit

Total unitary cost= 7+5+6+10= $28

Inventory= 28*8500= $238,000

5 0

3 years ago

Cullumber Company has a unit selling price of $650, variable costs per unit of $450, and fixed costs of $319,800. Compute the br

saveliy_v [14]

Answer:

(a)

Mathematical Equation for break-even

F = QP - QV

Where

F = fixed cost

Q = Break-even quantity

P = Selling price

V = Variable cost

F = Q ( P - V )

Q = F / ( P - V )

Q = $319,800 / ( $650 - $450 )

Q = $319,800 / $200

Q = 1,599 units

(b)

Contribution Margin = Price per unit - Variable cost per unit

Contribution Margin = $650 - $450 = $200

Break-even Point in Units = Fixed Cost / Contribution margin per unit

Break-even Point in Units = $319,800 / $200 = 1,599 units

Explanation:

Mathematical equation use the the break-even equation which represent the behavior of each element towards the break-even point.

Contribution per unit method use the contribution of each unit to calculate the break-even point.

4 0

3 years ago

Why are room counts so important to hotels?

tino4ka555 [31]

Answer:

It is critical for Front desk personnel to be aware of the actual number of rooms available, particularly if the hotel plans to run at or near 100 percent occupancy.

Explanation:

Except for the fact that it serves as a fundamental benchmark against competitors, knowing occupancy is very useful in evaluating the financial resources that must be invested in order to maintain a hotel operating efficiently. The greater the number of rooms sold, the greater the need for front desk and cleaning workers.

4 0

3 years ago

An increase in revenues increases net income, and net income increases stockholders’ equity. True or false?.

Gwar [14]

Answer:

false

Explanation:

3 0

2 years ago