The correct answer is D. I saw other people put this so sorry I don’t really know why I’m sorry
Answer:
Option A, Credit to Cash, $560,000
Explanation:
As per the data given in the question,
Expenditure and liability = $700,000
Retaining percentage = 20%
Assuming the partial billing was certified for expenses and payments and liability was approved for amount $70,000. Though, Oxford has a policy not to pay 100 percent, but to retain 20 percent as a retained percentage.
So, $700,000 - $700,000 × 20%
= $700,000 - $140,000
= $560,000
Therefore, The entry to record the approved payment and retained percentage would include:
Option A, Credit to Cash, $560,000
Answer:
c) the mean, upper control limit, lower control limit and warning lines that are two sigma from the mean are indicated by horizontal lines in the control chart.
Explanation:
Walter Shewhart is regarded as an important personality in the history of quality management. He asserted that the behavior of real processes had the tendency to change as time changed and it was not the behaviur of theoretical random distributions.
Walter Shewhart posited that causes of variation could be divided into two which are chance cause and assignable cause. He maintained that chance causes could be ignored if they did not cause too much variation, and any attempt to eliminate them usually made the problem worse. He however posited that it was possible to fix assignable causes.
Walter Shewhart invented control chart in order to differentiate between variations caused by random events and trends that indicated assignable causes. There is time and a plot of sample measurements on the bottom axis of a control chart. The mean, upper control limit, lower control limit, and warning lines that are two sigma from the mean are indicated by horizontal lines.
Based on the above explanatio, the correct option is c) the mean, upper control limit, lower control limit and warning lines that are two sigma from the mean are indicated by horizontal lines in the control chart.
Answer:
$764,400
Explanation:
Given that,
Net income under variable costing = $772,200
Beginning inventories = 7,800 units
Ending inventories = 5,200 units
Fixed overhead per unit = $3
Net income under absorption costing:
= Net income under variable costing - [(Beginning inventories - Ending inventories) × Fixed overhead per unit]
= $772,200 - [(7,800 - 5,200) × $3]
= $772,200 - $7,800
= $764,400
Answer:
The correct answer is False.
Explanation:
Every client expects and wishes to be treated with correction in an establishment. Feel well received, appreciate that it is important for the company, perceive that it is well valued. He also hopes that the relationship will be pleasant and that the bidder will fulfill his commitments.
These factors are valued in the customer service both face-to-face or telephone or virtual: courtesy, credibility, speed, personalization, professionalization and the tangible aspect of the service.
It is necessary to give a courteous treatment to the client. Courtesy is reflected in the consideration shown to customers. Treat them with the respect they deserve.
