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4 years ago

What is the input, conversion, and output of operating a summer band camp?

1 answer:

7 0

Input is the object, the material, the information, land, equipment, money, knowledge we fed into a process.
Output is the created product (good or service) that provide added value to customers. And the process that makes conversion from the input into the output is the operations management.
In our case the final product is operating a summer band camp. The input are materials, buildings (where the camp will be located), hiring staff, but also non-material things -advertising for example. The conversion is rebuilding, interviewing staff.. and the output is opened summer band camp, satisfied customers and hired staff .

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Connors Corporation acquired manufacturing equipment for use in its assembly line. Below are four independent situations relatin

kobusy [5.1K]

Answer:

A: we reocrd at cost, which is the discounted price:

40,000 x (1 - 2%) = 39,200

Equipment 39,200 debit

Cash 39,200 credit

B: we discount the note implicit interest:

42,000 / 1.12 = 37,500

Equipment 37,500 debit

Note payables 37,500 credit

C: Because; there is commercial substance we recognize the loss on the old equipment as the book value is 13,500 while it is being traded at 8,500

We write off, post the cash used and the loss. The new equipment enter the accounting for the difference to blaance the entry:

equipment 45,500 debit

acc depreciation 15,500 debit

loss at disposal 5,000 debit

cash 37,000 credit

equipment 29,000 credit

D: we evaluate the equipment at fair value

Equipment 40,000 debit

common stock 2,500 credit

additional paid-in 37,500 credit

We now it is no-par therefore there is an additional paid in.

As we aren't provide with the face value we assume is 1 dollar.

Explanation:

5 0

3 years ago

Period costs are always expensed on the income statement in the period in which ______.

jenyasd209 [6]

Explanation:

Period costs are always expensed on the income statement in the period in which: they are incurred.

7 0

2 years ago

Cabinaire Inc. is one of the largest manufacturers of office furniture in the United States. In Grand Rapids, Michigan, it assem

Ivahew [28]

Answer:

Results are below.

Explanation:

Giving the following information:

Supervisor salaries $117,000 per month

Depreciation $21,000 per month

Direct labor rate $15 per hour

Cabinets per hour= 60/20= 3

We need to determine the flexible budget for different production levels:

12,000 units:

Total direct labor hours= (12,000 / 3)= 4,000 hours

Total variable cost= 4,000*15= 60,000

Total fixed costs= 21,000 + 117,000= 138,00

Total cost= $198,000

15,000 units:

Total direct labor hours= (15,000 / 3)= 5,000 hours

Total variable cost= 5,000*15= 75,000

Total fixed costs= 21,000 + 117,000= 138,00

Total cost= $213,000

18,000 units:

Total direct labor hours= (18,000 / 3)= 6,000 hours

Total variable cost= 6,000*15= 90,000

Total fixed costs= 21,000 + 117,000= 138,00

Total cost= $228,000

3 0

3 years ago

G why is the future value always more than the present value?

olya-2409 [2.1K]

The future value is always more than the present value because the value of the dollar can be higher in the next day. plus it can be adding the interest in the future value.

3 0

3 years ago

Jennifer has been highly unproductive at work for the last few weeks and is counseled regarding organizational policies and rule

Anton [14]

Answer: positive

Explanation:

Based on the happening in he question, the method used is the positive discipline approach

This approach seeks ways to help an employee when the employee isn't being productive at his or her workplace. The positive actions are being seeked and necessary ways to bring the worker back to his or her feet will be utilized.

This is the method used in order to being Jennifer back on track and.make her productive again.

7 0

3 years ago