Answer:
Particulars Amount
Beginning inventory, September 1, 2013 $18,870
Purchase $
224,790
Less: Purchase return and allowance <em><u>$
5,430</u></em>
Net purchase $
219,360
Add: Freight in $9,780
Cost of goods purchased <u>$229,140</u>
Cost of goods available for sale $248,010
Less: Inventory August 31,2014 <u>$20,100</u>
Cost of goods sold <u>$227,910</u>
Answer:
The correct answer is 31 customers per day.
Explanation:
Consider the current capacity requirement as = x
Management wants to have a capacity cushion = 8%.
So the utilization is required = 100% - 8% = 92%
A process of currently services an average of 43 customers per day and utilization is 90%.
Expected Demand=70%= 70 ÷ 100 = 0.70
Current utilization = 90% = 0.90
Let Capacity requirement = X
Capacity requirement ÷ required utilization = Expected Demand rate × current service rate ÷ current utilization rate
X ÷ 0.92 = 0.70 × 43 ÷ 0.90
X = 0.70 × 43 ÷ 0.90 × 0.92
= 30.76 or 31
Needed capacity requirement is 31 customer per day.
Answer:
recessionary gap = 8 billion
so correct option is c) $8 billion
Explanation:
given data
MPC = 0.80
GDP = $40 billion
to find out
the size of the recessionary gap
solution
we get here first Multiplier that is
Multiplier = 
..................1
Multiplier = 
Multiplier = 5
so recessionary gap will be
recessionary gap = 
................2
recessionary gap = 
recessionary gap = 8 billion
so correct option is c) $8 billion
Answer:
D) multifactor productivity
Explanation:
Multifactor productivity measures the total output vs total inputs needed to produce them. It basically measures economic performance and productive efficiency. How many inputs (labor, materials and overhead) are needed to produce a certain amount of finished goods or services.
Answer:
- Dr Merchandise Inventory 5,800
- Cr Accounts Payable 5,800
Explanation:
The only records that Anders Company should make on May 1 regarding the purchase of the merchandise form Shilling is:
Debit record Merchandise Inventory 5,800 (since merchandise inventory is an asset account, when it increases it should be debited)
Credit record Accounts Payable 5,800 (since accounts payable is an liability account, when it increases it should be credited)
