Answer:
The correct answer is C. Sal’s Clothing Shop physically delivers the dresses to the department store.
Explanation:
Some warehouses are fully automated, with hardly any workers inside. In these cases, merchandise handling is done with storage and storage machines coordinated by programmable controllers and computers with the appropriate software. These types of automated warehouses are used for temperature controlled goods in which space availability is lower due to the high cost of refrigeration for the company. They are also used for those materials or merchandise that due to their danger in handling, or their high turnover, make the high cost of setting up this type of facility profitable. The primary objective of companies that introduce a warehouse system in their supply chain is the optimization of costs, spaces and routes. For this, techniques derived from engineering and operations research focused on vital aspects such as the location of the warehouse (s), both internal and external distribution of space in them, choice of the type of appropriate storage structure, effective management are used. of the routes and manipulations inside the warehouse, optimization of the cargo space in the different means of transport, creation of transport routes aimed at reducing displacements or maximizing the transported load and design of agile management and administration systems.
Are the sum of a company's profits, after dividendpayments, since the company's inception. They are also called earned surplus, retained capital, or accumulated earnings.
(EXAMPLE):
Let's assume Company XYZ has been around for five years. During this time, it reported the following net income:
Year 1: $10,000
Year 2: $5,000
Year 3: -$5,000
Year 4: $1,000
Year 5: -$3,000
Assuming Company XYZ paid no dividends during this time, XYZ's retained earnings equal the sum of its net profits since inception, or in this case, $8,000. In subsequent years, XYZ's retained earnings will change by the amount of each year's net income, less dividends.
The retained earnings statement summarizes changes in retained earnings for a fiscal period, and total retained earnings appear in the shareholders' equity portion of thebalance sheet. This means that every dollar of retained earnings means another dollar of shareholders' equity ornet worth.
A company's board of directors may apprompany's retained earnings when it want to restrict dividend distributions to shareholders. Appropriations are usually done at the board's discretion, although bondholders and other circumstances may contractually require the board to do so. Appropriations appear as a special account in the retained earnings section. When an appropriation is no longer needed, it is transferred back to retained earnings. Because retained earnings are not cash, a company mayfund appropriations by setting aside cash or marketable securities for the projects indicated in the appropriation.
Why its important
It is important to understand that retained earnings do not represent surplus cash or cash left over after the payment of dividends. Rather, retained earnings demonstrate what a company did with its profits.
<span>The correct answer would be the first selection: face value, or par value, simply refers to the amount of the note that will be received at the maturity date plus the interest owed. The face value of the note is not realized, however, until the full maturity period has elapsed: a penalty applies if the note is redeemed at an earlier date.</span>
Answer:
1. Lab's cost= 3187.94 +6.84 number of lab test performed
2. 0.77126
3. $24391.94
Explanation:
1.
The Lab's cost depends on the number of lab test performed. So, Lab's cost is a dependent variable while number of lab test is an independent variable. The linear regression equation is written as
Y= a+bx
Where,
y= dependent variable
x= independent variable
a= intercept
b= slope
So, the equation can be written as
Lab's cost= a+b number of lab test performed
From the Excel output we know that
Intercept = a= 3187.94
Slope= b =6.84
So, the required regression equation is
Lab's cost= 3187.94 +6.84 number of lab test performed
2.
The Excel output shows that R-square is 0.77126. R²=0.77126 means that only 77.13% of variation in Lab's cost is explained by its linear relationship with number of lab test performed.
3.
We have to predict the lab's cost for 3100 test.
We know that
Lab's cost= 3187.94 +6.84 number of lab test performed.
Here, number of lab test performed=3100.
So,
Lab's cost= 3187.94 +6.84(3100)
Lab's cost= 3187.94 +21204
Lab's cost=$24391.94
Thus, the predicted total laboratory overhead for the month if 3,100 tests are performed is $24391.94.
Answer:
The journal entry to record the purchase raw material would include a debit to raw material of $79000 and credit to Raw materials of $109000..
Explanation:
Since the raw material is coming into the company, we have debit raw material and the opening balance is already there in the books of the business. hence raw materials increases.
