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3 years ago

Which of the following types of businesses might have an operating cycle longer than one year?

Business

1 answer:

rjkz [21]3 years ago

6 0

Answer: E. Commercial airplane manufacturer.

Explanation:

An operating cycle refers to the amount of time it will take a company to produce or purchase goods, sell them and receive cash for the goods.

A Commercial airplane manufacturer might have an operating cycle longer than a year as it takes time to manufacture planes and then to sell them due to their high prices and even at that with the huge amounts involved, the payments might not come all at once.

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A method of estimating bad debts expense that involves a detailed examination of outstanding accounts and their length of time p

3241004551 [841]

Answer:

The answer is aging of accounts receivable method.

Explanation:

This method helps accountants in determining how much of a company’s account receivables would not be collected. This is related to unpaid invoices of a company’s customers. Though invoices usually have due dates, according to the company, customers who haven’t paid even after the due date has passed must be calculated using this method for more accurate accounting reporting.

8 0

2 years ago

Which of the following statements is true regarding the cumulative translation adjustment? Select one: Changes in the cumulative

vaieri [72.5K]

Answer:

The true statement is "The cumulative translation adjustment account affects the amount of gain or loss reported upon the sale of a foreign subsidiary".

Explanation:

The current technique needs that each one quality and accountability books be interpreted at this rate whereas shareholders’ justice accounts are interpreted at ancient altercation rates. The distinction is mirrored finished the additive conversion alteration, therefore the quantity of improvement or loss according upon the auction of a distant secondary to the additive conversion alteration.

8 0

3 years ago

What is the purpose of the color coded tape located at the front entrance of

irina1246 [14]

Answer:

D. None of the above

Explanation:

The color-coded tape are used at the front entrance of Dollar General stores is a way to attract the customers in the store.

The color-coded tape attracts customers and shows the safety information to customers directly at the point.

Hence, the correct option is "D. None of the above".

8 0

2 years ago

Each machine must be run by one of 19 cross-trained workers who are each available 35 hours per week. The plant has 10 type 1 ma

Mrac [35]

Answer:

The Linear programming model is given as below

Profit Function: $P=90X+120Y+150Z$

Constraints:

$2X+2Y+Z\leq 400$

$3X+4Y+6Z\leq 240$

$4X+6Y+5Z\leq 320$

$\dfrac{2X+2Y+Z}{40}\leq 10$

$\dfrac{3X+4Y+6Z}{40}\leq 6$

$\dfrac{4X+6Y+5Z}{40}\leq 8$

$\dfrac{2X+2Y+Z}{35}+\dfrac{3X+4Y+6Z}{35}+\dfrac{4X+6Y+5Z}{35}\leq 19$

Explanation:

As the question is not complete, the complete question is found online and is attached herewith.

Let the number of product 1 to be produced is X, that of product 2 is Y and product 3 is Z

so the maximizing function is the profit function which is given as

$P=90X+120Y+150Z$

Now as the number of hours in a week are 40 and there are a total of 10 type 1 machines so the total number of machine 1 hours are 40*10=400 hours

As from the given table product 1 uses 2 machine hours of machine 1, product 2 uses 2 machine hours of machine 1 and product 3 uses 1 hour of machine 1 so

$2X+2Y+Z\leq 400$

Now as the number of hours in a week are 40 and there are a total of 6 type 2 machines so the total number of machine 2 hours are 40*6=240 hours

As from the given table product 1 uses 3 machine hours of machine 2, product 2 uses 4 machine hours of machine 2 and product 3 uses 6 hour of machine 2 so

$3X+4Y+6Z\leq 240$

Now as the number of hours in a week are 40 and there are a total of 8 type 3 machines so the total number of machine 3 hours are 40*8=320 hours

As from the given table product 1 uses 4 machine hours of machine 3, product 2 uses 6 machine hours of machine 3 and product 3 uses 5 hour of machine 3 so

$4X+6Y+5Z\leq 320$

Now as the machine 1 is used as 2X+2Y+Z in a week and the week is of 40 hours so the number of machines to be used are given as

$\dfrac{2X+2Y+Z}{40}\leq 10$

Now as the machine 2 is used as 3X+4Y+6Z in a week and the week is of 40 hours so the number of machines to be used are given as

$\dfrac{3X+4Y+6Z}{40}\leq 6$

Now as the machine 3 is used as 4X+6Y+5Z in a week and the week is of 40 hours so the number of machines to be used are given as

$\dfrac{4X+6Y+5Z}{40}\leq 8$

Now the workers are available for 35 hours so the worker available at the machine 1 is given as

$\dfrac{2X+2Y+Z}{35}$

That of machine 2 is given as

$\dfrac{3X+4Y+6Z}{35}$

That of machine 3 is given as

$\dfrac{4X+6Y+5Z}{35}$

As the total number of workers is 19 so the constraint is given as

$\dfrac{2X+2Y+Z}{35}+\dfrac{3X+4Y+6Z}{35}+\dfrac{4X+6Y+5Z}{35}\leq 19$

So the Linear programming model is given as below

Profit Function: $P=90X+120Y+150Z$

Constraints:

$2X+2Y+Z\leq 400$

$3X+4Y+6Z\leq 240$

$4X+6Y+5Z\leq 320$

$\dfrac{2X+2Y+Z}{40}\leq 10$

$\dfrac{3X+4Y+6Z}{40}\leq 6$

$\dfrac{4X+6Y+5Z}{40}\leq 8$

$\dfrac{2X+2Y+Z}{35}+\dfrac{3X+4Y+6Z}{35}+\dfrac{4X+6Y+5Z}{35}\leq 19$

4 0

3 years ago

Beckner Inc. is a job-order manufacturer. The company uses a predetermined overhead rate based on direct labor hours to apply ov

Alex73 [517]

Answer:

Under/over allocation= $6,850 overallocated

Explanation:

Giving the following information:

The company uses a predetermined overhead rate based on direct labor hours to apply overhead to individual jobs. For the current year, estimated direct labor hours are 153,000 and estimated factory overhead is $1,208,700.

The following information is for September:

Direct labor hours: Job X 9,000 Job Y 7,500

Labor costs incurred: Direct labor ($8.00 per hour) $ 132,000

Manufacturing overhead costs:

Indirect labor 56,000

Factory supervisory salaries 13,100

Rental costs:

Factory $ 11,300

Total equipment depreciation costs:

Factory $ 12,400

Indirect materials used $ 30,700

Total= 123,500

First, we need to determine the manufacturing overhead rate:

manufacturing overhead rate= total estimated manufacturing overhead/ total amount of allocation base

manufacturing overhead rate= 1208700/ 153000= $7.9 per direct labor hour

Allocated overhead= manufacturing overhead rate* actual allocation base= 7.9* 16500 hours= $130,350

Under/over allocation= real overhead - allocated overhead

Under/over allocation= 123500 - 130350= 6850 overallocated

6 0

3 years ago