Answer:
The lenders use a system of five Cs to know about the creditworthiness of potential borrowers. They weigh five characteristics of the borrower and various conditions of the loan, chances of default and risk of loss. The five Cs used by the lender are capacity, character, collateral, capacity and conditions.
- The first C is character, it can be known by the previous loans of the applicant.
- Debt to income ratio is the second C.
- The third C is capital, it is the amount of money possessed by an applicant.
- Collateral is the fourth C, it is the asset that can be used to back the loan.
- The fifth C is conditions, the amount of the loan, its purpose and the prevailing interest rate in the market are known as conditions.
Answer:
<u>cost to be accounted for:</u>
beginning cost: 180,000
added cost 756,000
total cost <em> 936,000</em>
<u>cost accounted for:</u>
ending WIP 30,000 x 5.2 = 156,000
trasnsferred-out: 150,000 x 5.2 = 780,000
total cost accounted for <em> 936,000</em>
Explanation:
150,000 completed
50,000 at 60%
weighted average equivalent unit:
complete + percetage of completion ending WIP
150,000 + 50,000 x 60% = 180,000
Cost per unit:
936,000 / 180,000 = 5.2 dollar per unit
we should match the total cost pool with the ending WIP and trasnferred out units
Answer:
The correct answer is the option B: Activity B.
Explanation:
First of all, the term <em>''bottleneck''</em> in the management area refers to the activity or process in a chain of processes that its limited capacity reduces the capacity of the chain in its whole.
Once said that, in the case presented, where there are four workers and two of them have to do two differents tasks then the activity consider the bottleneck of the process will be the one in where one person does an activity after another and that reason makes that person delates more in working. That is the case of the activity B, where Aaron has to work again after the first activity and that takes him and Betty five minutes full, while in the other case where Betty works with David they only take four minutes, so therefore that the activity B is the bottleneck of the process.
