Answer:
September 1, 202x, petty cash fund established
Dr Petty cash fund 220
Cr Cash 220
September 10, 202x, petty cash expenses and replenishment of petty cash fund
Dr Postage expenses 78
Dr Supplies expenses 51
Dr Cash short and over 15
Cr Cash 144
September 15, 202x, petty cash fund is increased
Dr Petty cash fund 85
Cr cash 85
Answer:
Nono of the answer is correct.
Explanation:
Giving the following information:
Standard Cost: 2,400 pints at $ 3.50/pint $8,400
Actual: 2,600 pints at $ 6.00/pint $15,600
Direct material price variance= (standard price - actual price)*actual quantity
Direct material price variance= (3.5 - 6)*2,600= 6,500 unfavorable
Answer:
Estimation of the non-value-added Cost:
a) Cost of automating the insertion process:
Machine time cost = 15/60 x $8 = $2
Material cost = 7.5 x $10 = $75
Total automation cost = $77
b) Cost of redesigning the gear:
Cost per setup hour = $50 x25% = $12.50
c) Movement cost:
Cost for movement = $20 x 6 = $120
d) Inspection cost:
Cost of inspection = 16,000 x $12 = $192,000
Explanation:
Non-Value Added activities, according to goleansixsigma.com, "are the process steps that do not meet one or more of the following criteria: 1) The step transforms the item toward completion (something changes). 2) The step is done right the first time (not a rework step). 3) The customer cares (or would pay) for the step to be done."
A non-value-added cost is a production expense that does not increase the amount customers are willing to pay for the finished product. Examples are inspection cost, movement cost, and automation cost.
Answer:
Key Differences Between Primary and Secondary Data
Primary data is a real-time data whereas secondary data is one which relates to the past. Primary data is collected for addressing the problem at hand while secondary data is collected for purposes other than the problem at hand.
Explanation:
Hope this helps.
Answer:
C is the answer!
Explanation:
This is for plato students! Sorry, but I hope this is trustworthy enough! :)
