The more supply the lower the price
The higher the demand the lower the supply
The higher price the lower the demand
Solution:
The record entry in accounting is the reporting of a report in an accounting document that displays the company's costs and credit balances. The amount of the payments must be equivalent to the sum of the credits otherwise the journal submission must be treated as unbalanced.
Raw material: a fundamental substance in its natural, changed or semi-managed condition, used as a contribution to the cycle of production for the eventual modification or transformation into a finished decent substance.
Pass journal entry
Particular Debit ($) Credit ($)
Raw material inventory (WN1) 210,000
Cash 210,000
Work in process 186,000
Raw material inventory 186,000
Factory overhead 15,000
Raw material inventory 15,000
Answer:
The statement of cashflow.
The correct answer is C
Explanation:
The statement of cashflow reports the cash inflows, cash outflows and change in cash for a period. It shows cashflow from operating activities, cash flow from investing activities and cashflow from financing activities.
Explanation:
a.) What are the maximum and minimum cycle times?
The maximum cycle time is 40 minutes and the minimum cycle time is 4.0 minutes.
b.) How much daily output will be achieved by each of those cycle times?
The daily output rate is determined by the following equation CT = A/R
For maximum cycle time = 400/40 = 10 units per day
For minimum cycle time= 400/4.0 = 100 units per day