Answer:
$367,800; $391,600
Explanation:
Manufacturing overhead:
= Depreciation on plant + Factory supplies used + Property tax on plant
= 70,200 + 29,200 + 21,000
= 120,400
Total manufacturing cost:
= Material used in production + Labor cost + Manufacturing overhead
= $129,600 + 120,400 + 120,400
= 370,400
Cost of good manufactured:
= Beginning work in process + Total manufacturing cost - Ending work in process
= 14,400 + 370,400 - 17,000
= $367,800
Cost of goods sold:
= cost of goods manufactured + Beginning finished goods inventory - Ending finished goods inventory
= $367,800 + 70,200 + 46,400
= $391,600
Answer: The correct answer is True.
Explanation: Functional Structure is a structure where the organization groups employees according to a specialized or similar set of roles or tasks. This structure often does impede coordination and communication because of the competition between members of the group. A common characteristic of this type of group is that the members become territorial and often do not want to cooperate with other groups.
Answer:
customer theft; spoilage.
Explanation:
A perpetual inventory system is a type of inventory management that continuously records in real-time the amount of inventory sold or purchased through the use of enterprise software or technological software applications such as a point of sale (POS).
Under a perpetual system of inventory, updates of the journal entry for cost of goods sold or received would include debiting accounts receivable and crediting sales immediately as it is being made or happening. The advantage of the perpetual system of inventory over the periodic system of inventory is that, it ensures the inventory account balance is always accurate provided there are no spoilage, customer theft, etc.
Because there is less abortion
Answer:
Latoya is responsible for her company’s human resource information system. She wants to expand the system’s usefulness and is preparing a recommendation to add data-mining applications. What does data mining involve?
a) analyzing large amounts of data, such as employee pay and performance
Explanation:
An information system is a combination of components that work collectively in the storage, transfer and processing of data. Information systems have various features including data mining which is a major component. Data mining can be defined as the process which data input is converted into useful information or output. In a company situation, there is usually large blocks of data. Going through these data blocks manually can be very tedious and time-consuming , thus costly. In most organizations however, they utilize data mining to break data down into simpler information that can be understood in a short time.
Data mining works by going through large data blocks and extracting relevant trends and patterns in them. Data mining has a number of uses, namely; detection of fraud, risk management of credit, and filtering opinion of users. The steps involved include: collection of data, then the data is loaded and stored in organizational servers, then analysts organize the data, then the data is processed using a software and finally the end result is presented in an easy to understand format.
In our case, Latoya is the company's human resource information system manager, thus her data-mining will probably involve analyzing large amounts of data, such as employee pay and performance.