Answer:
$25,200
Explanation:
Given that,
Planned sales for the month = $42,000
Planned EOM stock = $60,000
Planned reductions = $4,800
BOM inventory = $72,000
Merchandise commitments for delivery = $9,600
open-to-buy at retail:
= Planned sales for the month + Planned End of Month Inventory - BOM inventory - Planned reductions
= $42,000 + $60,000 - $72,000 - $4,800
= $25,200
Answer: 0.143
Explanation:
Given the following :
Average package weight(m) = 1.9kg
Standard deviation(sd) = 1.4kg
Upper Tolerance Limit (UTL) = 2.5kg
Lower Tolerance limit (LTL) = 1.1kg
Cpk = min[( average weight -Lower Tolerance Limit / 3 (standard deviation) , (UTL- average weight / 3(Standard Deviation)]
Cpk = min[( 1.9 - 1.1 / 3 (1.4)) , (2.5 - 1.9 / 3(1.4))]
Cpk = min[(0.8 / 4.2), (0.6 / 4.2)]
Cpk = min[0.190, 0.143])
Hence,
Process capability index = 0.143
Answer:
Option (C) is correct.
Explanation:
Lorenz curve is a graphical representation of percentage of total national income on the y-axis and percentage of total population. This curve shows us the degree of inequality of income distribution. It is one of the crucial measure of poverty.
In a inequality income distribution graph, there is a straight diagonal line at 45 degree angle and the Lorenz curve. The larger the difference between these two curves, the larger will be the inequality in the income distribution.
The answer is none, it is because there is no dead weight loss for perfect price discriminator, even if there is no surplus that existed in which is different from the imperfect price discriminator as it does not apply the same as the perfect price discriminator.
Answer:
c. Decrease liabilities and increase revenues
Explanation:
The correct adjusting journal entry which shall be recorded by the Duluth Co. in accounts in respect of advance income as as at December 31, is given below:
Debit Credit
Advance income(Liability) $2,000
($6,000/6*2)
Revenue $2,000
Since the liability has been debited in the above mentioned journal entry, which mean that it has been decreased and the revenue has been credited, which means that it has been increased.
So based on the above discussion, the answer is c. Decrease liabilities and increase revenues
