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Grace [21]
3 years ago
14

The overall average on a process you are attempting to monitor is 50 units. the average range is 4 units. the sample size is 5.

What are the upper and lower control limits of a 3 sigma mean chart.A. ( i already did this)Upper control limit is 52.31 and the lower is 47.69.B. What are the upper and lower control limits of 3 sigma range chart??

Business
1 answer:
Reika [66]3 years ago
6 0

Answer

The answer and procedures of the exercise are attached in the following archives.

Explanation  

You will find the procedures, formulas or necessary explanations in the archive attached below. If you have any question ask and I will aclare your doubts kindly.  

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Havermill Co. establishes a $250 petty cash fund on September 1. On September 30, the fund is replenished. The accumulated recei
allochka39001 [22]

Answer:

e. Debit Petty Cash $50       Credit Cash  $ 50

Explanation:

The entry on October 01 is to reflect the increase in Petty Cash from $ 250 to $ 300. i.e the incremental effect is only $ 50. This is because for the regular replenishment that was done on September 30, the following entry would have been recorded:

Petty Cash - Debit   $ 232

Cash          - Credit   $ 232

The entry for recording the petty cash expenses would be as follows;

Office Supplies expense         debit    $ 73

Merchandise Inventory           debit     $ 137

Miscellaneous expenses        debit      $ 22

Petty Cash                               credit     $ 232

7 0
4 years ago
Determine whether or not traditional financial and management evaluation ratios such as return on assets (ROA), return on equity
Sedbober [7]
• Propose two applications of knowledge that you have learned in this course that you could apply to your current or future career.

• Rate the three most important concepts that you learned in this course in order of importance (one being the most important). Provide a rationale for your ratings.
6 0
4 years ago
Lindy Company's auditor discovered two errors. No errors were corrected during 2020. The errors are described as follows:
vladimir1956 [14]

Answer:

1) We need to reverse the sales entry because the sale actually took place during 2020, not 2021. Since the sale was made in 2020, it should have increased net profit (retained earnings) during 2020, so we now correct both mistakes with the following entry:

Dr Sales revenue 9,100  (sales revenue decreases)

     Cr Cost of goods sold 4,100  (COGS decreases)

     Cr Retained earnings 5,000 (retained earnings increase)

2) The journal entry must record the depreciation expense during 2021, and must decrease net profits 2020 (retained earnings), depreciation expense per year = $21,000 / 4 = $5,250:

Dr Retained earnings 5,250 (retained earnings decrease)

Dr Depreciation expense 5,250 (expenses decrease)

    Cr Accumulated depreciation 10,500 (asset carrying value decreases)

8 0
3 years ago
Your savings account is currently worth $1,200. The account pays 5 percent interest compounded annually. How much will your acco
Flura [38]

Answer:

$2,010  

Explanation:

The future value of the savings account in 6 years can be computed using the below future value formula:

FV=PV*(1+r)^n

FV=unknown future amount

PV=current worth of the savings account=$1,200

r=annual interest rate=5%

n=number of years envisaged=6

FV=$1,500*(1+5%)^6

FV=$1,500*(1.05)^6

FV=$1,500*1.3400956  

FV=$2,010  

7 0
3 years ago
Derby Phones is considering the introduction of a newmodel of headphones with the following price and cost characteristics. Sale
eduard

The units of headphones that  must be sold to have an operating profit of $159,500 is 3497.

<h3>What is the units sold that would yield an operating profit of $159,500? </h3>

Operating profit is total profit that is earned from the daily business operations of a business. Operating profit is total revenue less fixed cost and variable cost.

How many units must be sold to have an operating profit of $159,500 = operating profit + fixed cost / (selling price - variable cost)

(159,000 + $348,000) / (285 - 140) = 3497

To learn more about profit, please check: brainly.com/question/26181966

3 0
2 years ago
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