Answer: $9,600
Explanation:
Past-due accounts written off = Beginning Allowance balance + Bad Debts expense - Ending Allowance Balance
= 6,300 + 11,400 - 8,100
= $9,600
Answer:
$1,933.32
Explanation:
Total materials handling cost for the year = $16,652.90
Total direct labor hours:
= [(Total expected units produced for wall mirrors × Expected direct labor hours per unit for wall mirrors) + (Total expected units produced for Specialty Windows × Expected direct labor hours per unit for Specialty Windows)]
= [(13,400 × 6) + (1,320 × 8)]
= 80,400 + 10,560
= 90,960
Cost per Direct labor hour:
= Total Expected material handling cost ÷ Total direct labor hours
= $16,652.90 ÷ 90,960
= $0.18308
Material handling Cost allocated to specialty windows:
= Cost per Direct labor hour × Direct labor Hours
= $0.18308 × (1,320 × 8)
= $0.18308 × 10,560
= $1,933.32
Therefore, the total materials handling cost allocated to the specialty windows is closest to $1,933.32 .
Answer:
$116,387
Explanation:
Opening work in process = Direct materials + Direct Labor + Overheads
= $2,400 + $6,966 + $10,104
= $19,470
Adding up all the cost for the period, we'll have;
Raw materials = $39,900 used in production
Direct labor cost = $25,110
Overheads to be applied on predetermined rate = 2,500 × $19.6
= $49,000
Total cost incurred including beginning work in process = $133,480
Less: Closing work in process $17,093
Total cost of goods manufactured = $116,387
Answer:
The formula is
Price of the bond = [ $25 x ( 1 - ( 1 + 2.35% )^-30 )/ 2.35% ] + [ $1,000 / ( 1 + 2.35% )^30 ]
Explanation:
To calculate the price of the bond, use the following formula
Price of the bond = [ Coupon payment x ( 1 - ( 1 + Semiannual market rate )^-numbers od periods )/ Semiannual market rate ] + [ Face value / ( 1 + Semiannual market rate )^numbers of periods ]
Where
Coupon payment = $1,000 x 5% x 6/12 = $25
Semiannual market rate = 4.7% x 6/12 = 2.35%
Numbers of periods = 15 years x 12/6 = 30
Face value = $1,000
Placing values in the formula
Price of the bond = [ $25 x ( 1 - ( 1 + 2.35% )^-30 )/ 2.35% ] + [ $1,000 / ( 1 + 2.35% )^30 ]
Answer:
1. Root cause analysis is an important step in the incident management process.
2. Until the root cause of incidents is identified and eliminated, it is likely that the customer will continue to experience incidents.
Explanation:
The true and correct statement is that root cause analysis is an important step in the incident management process and until the root cause of incidents is identified and eliminated, it is likely that the customer will continue to experience incidents.
Root cause analysis can be defined as a technical process which is typically used to identify or measure the reason why incidents are occurring and how to device necessary procedures to mitigate and prevent the occurrence of such incidents in the future. Ultimately, if the root cause of an incident isn't identified and properly eliminated, it is very much likely that similar or perhaps the same incident would continue to occur.
<em>Hence, the first solution to solving a problem is identifying and eliminating the root cause. </em>
