<em>Advantages and Disadvantages may arise when we use computer technology for managerial level of decision-making. Some of these are the following:
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<em>Advantages:
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- <em>Process can be done easier and faster with the use of automatic conditions to suggest decisions </em>
- <em>Minimal errors are presented in terms of computations - Computers cannot make a mistake on computation. Only if the formula is wrong, but this thing is depends of the software developer.
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<em>Disadvantages:
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- <em>Some rules cannot be bend. No exceptions can be made if systems are the ones to decide. - because of the system, some rules must remain implemented even the employees reason are valid. For example if the employees was absent for two weeks, the system can tagged him as AWOL. But in reality, there was an emergency case happened to him.
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- <em>One step cannot be skipped. - each process in the system should be finished before the next process can execute. No shortcuts.
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<em>As for the second question, there was a time that I have to decide if a certain client can reloan to our company. But since he has no questionable record in our system, the system recommends him for a higher amount. In reality, this client has a bad behavior towards us. We don't want to renew his loan. But the system permits him to do a transaction with us.
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Answer:
$6,689
Explanation:
As we know that the inventory should be recorded at cost or net realizable value which ever is lower
Particulars Item Units Unit Cost Net Realizable Value LCNRV
Minolta 7 $175 $157 $157
Canon 11 142 176 $142
Vivitar 14 130 111 $111
Kodak 17 120 132 $120
So, the amount of ending inventory is
= 7 units × $157 + 11 units × $142 + 14 units × $111 + 17 units × $120
= $1,099 + $1,562 + $1,988 + $2,040
= $6,689
Answer:
Total manufacturing cost= $23,730
Explanation:
Giving the following information:
The company allocates manufacturing overhead based on machine hours.
Job 798:
Direct materials used $ 4,900
Direct labor hours worked 330
Machine hours used 425
Direct labor rate per hour $ 21
Predetermined overhead rate based on machine hours $ 28
Total manufacturing cost= direct material + direct labor + MOH
Total manufacturing cost= 4900 + 330*21 + 425*28= $23,730
