Decide depreciation expense for the entire year and afterward customize the cost between the two-time frames included. Depreciation is the procedure by which an organization apportions an advantage's cost over the term of its valuable life. Each time an organization readies its money related explanations, it records a devaluation cost to allot a bit of the cost of the structures, machines or gear it has obtained to the current monetary year.
Answer:
The answer is $2.64 per unit and $13.2%
Explanation:
Solution
Given that:
The formula for calculating inspection activity of inspection before improvement is stated below:
Inspection Activity before Improvement = Total Activity Cost/Total Units of Production
Using the values provided in the question, we have,
Inspection Activity before Improvement = 105,600/40,000 = 2.64 per unit
Now,
he formula for calculating inspection activity after improvement is given below:
Inspection Activity after Improvement = (Total Activity Cost*Inspection Activity Percentage)/Total Units of Production
Using the values provided in the question, we get,
The Inspection Activity after Improvement = (105,600*5000)/40,000 = $13,200 per unit or $13.2 per unit
Answer:
D
Explanation:
Marginal decisions involves considering the cost and benefit of taking a particular action. If the marginal benefit of taking a particular action exceeds the marginal cost, the activity should be undertaken
Answer:
Authority
Explanation:
A manager as the following authorties
Entrusted with a leadership role, a manager is responsible for overseeing a department or group of employees within a specific organisation or company. Managers are utilised in every sector, and the business model relies on their leadership and ability to operationalise the management structure
Answer:
The entry will be:
May 3
Dr Allowances for doubtful debt 3,700
Cr Account Receivable 3,700
(to record written-off of receivables)
Explanation:
As the company uses the allowance method of accounting for uncollectible accounts, the company would actively review and book bad debt expenses for any debt in doubt of collection. The entry would be: Dr Bad Debt Expenses & Cr Allowance for doubtful debt.
When there is sufficient evidences that these debts go default, no more expenses will be recorded, instead, the account receivable will be written off ( Cr) with the offsetting entry is Dr Allowance for doubtful debt.