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3 years ago

The Marchetti Soup Company entered into the following transactions during the month of June:_________.

Business

1 answer:

Delvig [45]3 years ago

8 0

Answer: Please find answers in the explanation column

Explanation:

a.) journal entry to record purchase of inventory on account by the company

Date Accounts Debit Credit

June Inventory $245,000

Accounts payable $245,000

b.) journal entry to record for the payment of salaries to the employees

Date Accounts Debit Credit

June Salaries and wages expenses $60,000

Cash $60,000

c1.) journal entry to record the sale of merchandise to customers

Date Accounts Debit Credit

June Cash $300,000

Sales Revenue $300,000

c2.) journal entry to record the cost involved in the sale of merchandise to customers

Date Accounts Debit Credit

June Cost of goods sold $160,000

inventory $160,000

d.) journal entry to record the cash collected from the customers

Date Accounts Debit Credit

June Cash $280,000

Account receivable $280,000

e.) journal entry to record the payment of cash to the suppliers of inventory

Date Accounts Debit Credit

June Account payable $225,000

Cash $225,000

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10. Which of the following factors should be considered when deciding on a career choice? Select

Keith_Richards [23]

Answer:

Explanation:

A career is a type of occupation that is done during a specific period of time. Careers offer a chance for progress. When choosing a career, one should consider the following factors;

1. Job requirements

One should consider the job requirements of that particular career since these requirements always determine how well one will perform in his/her career. The job requirements to be considered are; education level, level of expertise needed, and the experience.

2. Short-term goals

A short term goal is a set of predetermined achievements that one needs to attain usually in a short time frame. A career is an undertaking that is always long-term and therefor needs long-term goals rather than short-term goals.

3. Skills and interests

A skill is a particular set of capabilities that enables one to perform better at a certain job. Some careers need a specific set of skills that if one cannot develop or acquire, then the career undertaking might prove very difficult. An interest is something that you like. It is always advisable to choose a career that you are interested in, since this gives one the passion to pursue it.

4. Ease of job search

The career that you want to pursue should be one that is marketable. Getting a job for a marketable career is much easier than one that is not as marketable. This helps in avoidance of frustrations of failed job searches.

4 0

3 years ago

(TCO 2) An object of interest to the end user is

emmasim [6.3K]

An object of interest to the end user is entity.

Explanation:

An entity is a real world object or thing that has an independent existence. Entity is distinguishable from the other objects. The attributes of an entity are the properties of the entity which make the entity distinguishable from the other objects.

The examples of entity are a car, a book or any other product. A set of an entity is known as the entity set. Entity may be an object with physical existence or it may be with a conceptual existence.

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3 years ago

Agan Interior Design provides home and office decorating assistance to its customers. In normal operation, an average of 2.5 cus

Phantasy [73]

Answer:

A) Single-server single-phase model (M/M/1).

$\lambda=2.5 \,customers/hour\\\\\mu=6\,customers/hour$

B) The goal is not met, as the average time waiting for service is 5.56 minutes.

C) The new mean service rate is 7.5 customers/hour.

In this case, the average time waiting for service is 4 minutes, so the goal is met.

Explanation:

A) This situation can be modeled as a single-server single-phase model (M/M/1).

The mean arrival rate is 2.5 customers per hour.

$\lambda=2.5 \,customer/h$

The mean service rate is 6 customers per hour, calculated as:

$\mu=\frac{60\, min/h}{10 \,min/customer}=6\, customer/h$

B) The average waiting time for a customer can be expressed as:

$W_q=\frac{\lambda}{\mu}\frac{1}{\mu-\lambda} =\frac{2.5}{6}\frac{1}{6-2.5} =0.417*0.222=0.093\,hours\\\\W_q=0.093\,hours*(60min/h)=5.56 \,min$

The average waiting time is 5.56 minutes, so it is more than the goal of 5 minutes.

C) If the average time spent per customer to 8 minutes, the mean service rate becomes

$\mu=\frac{60\, min/h}{8 \,min/customer}=7.5\, customer/h$

An the average waiting time for the service now becomes:

$W_q=\frac{\lambda}{\mu}\frac{1}{\mu-\lambda} =\frac{2.5}{7.5}\frac{1}{7.5-2.5} =0.333*0.2=0.067\,hours\\\\W_q=0.067\,hours*(60min/h)=4 \,min$

The average time is now 4 minutes, so the goal is achieved.

6 0

3 years ago

Why is fr33 p01nts banned

igor_vitrenko [27]

Answer:

oh I didn't even know it was lol but thanks for them

6 0

3 years ago

Read 2 more answers

Roger is an executive of a multinational tractor manufacturing company. while representing the company at conferences and meetin

cricket20 [7]

This communication style is called "leadership storytelling".

Storytelling is a key leadership technique since it's fast, intense, free, normal, reviving, stimulating, community, convincing, all encompassing, engaging, moving, significant and true. Stories enable us to understand associations.

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3 years ago