It should be noted The adjusting entry to recognize supplies expense decreases the Supplies account balance and increases the balance in the Supplies expense account.
<h3>What are Adjusting entries ?</h3>
Adjusting entries can be regarded as the changes to journal entries that has been already recorded.
However, adjusting entry to recognize supplies expense decreases the Supplies account balance as a result of the already recorded transaction.
Learn more about Adjusting entries at;
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Answer: Vertical integration
Explanation:
The vertical integration is one of the type of business management strategy that helps in managing the organization supply chain and also helps in producing the different types of products and the services.
It helps in controlling the distributors, producers and also the retailer in the business. The following are some advantages of the vertical integration are as follows:
- Helps in improving the efficiency
- Reducing the overall cost
- Helps in control the different types of functions
- Increase the share in the market
According to the given question, the fresh n fragrant is practicing the vertical integration hat helps in the manage supply chain of the company.
Therefore, Vertical integration is the correct answer.
Answer:
$46,800
Explanation:
Total overhead costs based on traditional systems of both products are: $52,000 +$78,000 = $130,000
Assuming that Perry Corporation applies the activity-based (setups and components) costing system instead of the traditional one, the overhead cost for the standard model can be calculated as following:
+) Overhead cost of each setup (for both products) = $52,000/(12 + 28) = $1,300
+) Overhead cost of each components (for both products)
= 78,000 / (8+12) = $3,900
=> Total overhead costs using activity - based costing system is:
<em>Total overhead costs = 1,300 x Number setups needed for standard model + 3,900 x Number of components needed for standard model</em>
<em>= 1,300 x 12 + 3,900 x 8 </em>
= $46,800
Answer & Explanation:
If there is no other place for it. The case must be put back together and returned to the back room to be stored. There are times where it is acceptable to return a partial case to the back. An example is if a customer asks for an item out of the box.
Answer:
Manufacturers produce or make products. They typically sell them to wholesalers or distributors that have expertise in getting products to retailers. Retailers then hold inventory and market the goods to consumers that purchase them for personal or family consumption.
