Answer:
Option (B) is correct.
Explanation:
Manufacturing overhead:
= Indirect Material + Factory Manager Salaries + Factory Supplies + Indirect Labor + depreciation on Factory Equipment
= 15,200 + 7,200 + 9,000 + 6,300 + 7,500
= $45,200
Total manufacturing Cost:
= Direct material + Direct Labor + manufacturing Overhead
= 40,500 +39,600 + 45,200
= $125,300
If a supply chain manager can reduce inventory while keeping the flow rate constant, little's law predicts flow time will go down.
Little's Law is a theorem that calculates the average number of items in a stationary queuing system based on an item's average waiting time and the average number of items arriving at the system per unit of time.
The law establishes a straightforward and obvious method for evaluating the efficiency of queuing systems.
The notion is extremely important for business operations since it states that the number of items in the queuing system is determined primarily by two essential variables and is unaffected by other factors such as service distribution or service order.
Hence, the answer is that the flow time will go down.
Learn more about supply chain:
brainly.com/question/25160870
#SPJ4
Yes. Subsidies are benefits that the government can grant to institutions, households and businesses to promote economic efficiency and reduce market failures. They may be distributed through cash or by cutting tax rates. However, there is controversy about the effectiveness of using subsidies for the economy, often related to the inefficiency of promoting a free market, allocating resources that could be used for investment in productive resources and masking the results of economic efficiency. Another major concern with the use of subsidies is the formation of political alliances of those who receive them and those who provide them, creating political interests because of their use.
Answer:
Dr Warranty Expense 4,500
Cr Warranty liability 4,500
Explanation:
Preparation of the journal entry at December 31
Based on the information given we were told that the company new product 1,000 units were sold in December in which the Management of the company think that 5% of the units sold will be damaged and that the warranty costs will be the amount of $90 per unit which means that the adjusting journal entry at December 31 in order to accrue the estimated warranty cost will be recorded as:
Dr Warranty Expense 4,500
(1,000x 90x 5%)
Cr Warranty liability 4,500
