Answer:
(d) Manufacturing Overhead $8,000 Raw Materials $8,000
Explanation:
This will be an spending associate with the actual overhead.
These materials are indirect, so it should go in the factory overhead account.
They are not associate with any job in particular, so it cannot be capitalize through work in process.
Answer:
Quality strategy is related to quality. It is part of both market and product strategy. It includes innovating and formulating the Quality strategy by taking into account the market requirement and the abilities of the producer.
Quality is the key concern for some companies, they stand out from others by offering a quality product. Various factors influence this strategy, there are internal and external factors. The external factors include cultural and technological, customer needs, integration, and globalization, while the internal factors include skills and competencies in management, design, research, and technology.
Answer: $11,800
Explanation:
Cashflow inflow from Customers is calculated as follows
Cash flow from customers = beginning account receivable + Credit sales - ending Account receivable.
Plugging in figures would give us,
= 3,360 + 10,640 - 2,200
= $11,800
$11,800 is the amount of cash inflow from customers that would appear in the operating activities section of the cash flow statement.
You may wonder what happened to the uncollectible accounts expense amounted of $940. It was meant to confuse you. That figure is dealt with before the ending Account Receivable balance is computed.
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