Answer:
D. Just gallons of paint, without concern for the different colors and sizes
Explanation:
Aggregate planning is explained to be an operational activity critical to the organization as it looks to balance long-term strategic planning with short term production success.
Thus annual and quarterly plans are broken down into labor, raw material, working capital, etc. requirements over a medium-range period (6 months to 18 months). This process of working out production requirements for a medium range is called aggregate planning.
Also it is noted that a complete information is required about available production facility and raw materials.
A solid demand forecast covering the medium-range period.
Answer: The opportunity cost is the most desirable trade-off.
Explanation: Trade-offs refer to the choosing decisions that an individual faces when choosing between two-goods or making any other economic decision. For instance, a graduate may face a trade-off between choosing a job or starting up his own business.
While, opportunity cost is simply the cost of the lost alternative. For example, if the graduate chooses to start a business then his opportunity cost is the salary foregone from going for a job.
Thus, when deciding on which option to choose (trade-off) we always look at the option which has a lower opportunity cost. So we can say that they are the most desirable trade-off.
Depending on what you work at if you are a hard worker you can excel at many things. If you speak 2 languages that can also help you go up. So does your personality
Answer and Explanation:
Given:
μ = 75 million
SD = 17 million
Probability (x) raw data = 110 million
Computation:
= Probability (x) < 110 million
= Probability [(x-μ) / SD] < [(110 - 75) / 17]
[(x-μ) / SD] = Z
= Probability [z] < [(35) / 17]
= Probability [z] < [2.05882353]
Using z calculator:
P-value from Z-Table:
Z score = 0.98024
Therefore, probability is 0.98024
Answer:
The Journal entries are as follows:
(i) Sales revenue A/c Dr. $900
To Cash $900
(To record the correction in sales revenue)
(ii) Merchandise Inventory A/c Dr. $200
To Cost of Goods sold $200
(To record the merchandise returned)
Note:
(1) At the time of sale, the cash would have been debited with the amount of $900 and the sales revenue would have been credited with the amount of $900. Now, the cash of $900 should be credited as it was debited earlier.
(2) The inventory account also credited at the time sale, so it should be debited and the cost of goods sold debited at the time of original sale, so it need to be credited.
