Answer:
d.accounting records continuously disclose the amount of inventory
Explanation:
Under the perpetual inventory system, an entity continually updates its inventory records to account for additions to and subtractions from inventory for such activities as:
Received inventory items
Goods sold from stock
Items moved from one location to another
Items picked from inventory for use in the production process
Items scrapped
Answer: yes
Explanation:
Upper specification = 30 minutes
Lower specification = 20 minutes
Average service = 26.26minutes
Sigma= 1.35 minutes
Answer:
government actions that reduce competition from international firms.
Explanation:
Answer:
$7000
$7000
b. 15,000
7500
6160
8400
Explanation:
Straight line depreciation expense = (Cost of asset - Salvage value) / useful life
(30,000 -- 20,000) / 4 = 7,000
Depreciation expense using the double declining method = Depreciation factor x cost of the asset
Depreciation factor = 2 x (1/useful life)
2/4 x 30,000 = $15,000
2022 = 2/4 x (30,000 - 15,000) = 7500
Activity method based on hours worked = (hours worked that year / total hours of the machine) x (Cost of asset - Salvage value)
