Answer:
a. Value added time = Cutting time + Sewing time
Value added time = 5 minutes + 20 minutes
Value added time = 25 minutes
Non-value added time = Total within batch wait time + Move time
Non-value added time = [25 minutes * (40 - 1) + 2 minutes
Non-value added time = 977 minutes
Total lead time = Value added time + Non-value added time
Total lead time = 25 minutes + 977 minutes
Total lead time = 1,002 minutes
b. Value added ratio = Value added time / Total lead time
Value added ratio = 25 minutes / 1,002 minutes
Value added ratio = 0.02495
Value added ratio = 2.5%
A. Mood, interest.
Keeping your MOOD and INTEREST in mind will dictate what you say and how you say it.
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.
The term that is being referred above is COUPON. The type of payment that Allison has received from her semiannual payment is called a coupon payment. This kind of payment resembles an interest that a bond holder receives once the bond matures.
Answer:
B. The service increased assets and increased stockholders’ equity.
Explanation:
Revenue is earned as immediately the service agreed by the parties involved has been delivered whether cash has been collected or not.
The accounting equation shows the relationship between the elements of the balance sheet namely the assets, liabilities and equity.
Given that Boone’s Cleaning Service performed cleaning services during December 2014, but had not collected any cash from its customers as of December 31, 2014, the amount earned is recognized in revenue and accounts receivables as credits and debits respectively.
The effect of this on the accounting equation is an increase in equity(via revenue earned) and an increase in assets (account receivables)
