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anyanavicka [17]
3 years ago
15

LO 1.5What is an enterprise resource planning (ERP) system? What are the principal benefits of such a system?

Business
1 answer:
Marta_Voda [28]3 years ago
5 0

Answer:

ERP(Enterprise resource planning)system is the software model that depicts about the management and handling of business processes.It permits the organization and business to use integrated application so that their function can become obstruction-less and automate complex function.Business processing can easily deal with the technology, application software, programs and human resources.

Benefits provided by ERP system are as follows:-

  • Increasing the productivity of organization
  • Can derive the solution for complex processes
  • streamlined working processes.
  • Improved efficiency etc.
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Department A had no Work-in-Process at the beginning of the period, 1,000 units were completed during the period, 200 units were
statuscvo [17]

Answer:

Materials total cost equal to 2,000 the correct option is C

C. $2,000

Explanation:

<u>Conversion Cost</u>

<u>conversion cost</u> = labor + overhead

CC = 5,000 + 4,400 = <u>9,400</u>

complete during the period   1,000 units

ending inventory                       200 units 50%

<u>Equivalent units:</u>

completed + ending worked portion

1,000 + 200 x 50% = 1,000 + 100 = <u>1,100</u>

CC equivalent unit cost  9,400/1,100 x 100 = 854.55

<u>Materials</u>

<u>Cost     $ 12,000</u>

<u>Equivalent units</u>

completed  1,000

ending          200 at 100%

completed + ending times added portion

1,000 + 200 x 100 % = 1,200

Equivalent unit cost: 12,000 / 1,200 = 10

Ending inventory 200 x 10 =         2,000

5 0
3 years ago
Journalize the adjusting entries from the adjustments columns of the worksheet. (Credit account titles are automatically indente
Crazy boy [7]

Answer:

The following are the adjusting entries and the amounts entered are supposed and imaginary.

Explanation:

Date          Account Titles and Explanation        Debit          Credit

Mar. 31          Supplies Expense  Dr                    10,000

                          Supplies Account  Cr                                 10,000

When supplies are expensed out. If supplies have a balance of 30000 and 10000 is used up.

Mar. 31         Depreciation Expense  Dr             5000

                    Accumulated Depreciation  Cr                        5000

Depreciation expense amounts to 5000 for the current year

Mar. 31      Unearned Service Revenue Dr      3000

                         Service Revenue      Cr                         3000

Unearned Service Revenue is a liability of the person or company.

Mar 31.   Salaries and Wages Expenses  Dr      2000

                                Cash      Cr                                     2000

Slaries and wages paid in full by cash to 2000

6 0
3 years ago
Moral entrepreneurs people who wage moral crusades to control criminal law are a part of which view of crime?​
Sindrei [870]
Moral entrepreneurs people who wage moral crusades to control criminal law so that it reflects their own personal values. Criminals are driven by unconscious thought patterns, developed in early childhood, that control <span>behaviors over the life course.</span>
4 0
3 years ago
A dry cleaner uses exponential smoothing to forecast equipment usage at its main plant. August usage was forecasted to be 50 per
katovenus [111]

Answer:

Explanation:

Forecast usage = 50 %

Actual Usage = 52%

smoothing constant = 0.10

⇒ 50 + 0.10 (52 - 50)

⇒ 50 + 0.10 (2)

⇒ 50 + 0.2 = 50.20

8 0
3 years ago
Acme-Jones Corporation uses a weighted-average perpetual inventory system. August 2, 24 units were purchased at $23 per unit. Au
Gnoma [55]

Answer:

Cost of goods sold= $816

Explanation:

Giving the following information:

Acme-Jones Corporation uses a weighted-average perpetual inventory system.

August 2: 24 units were purchased at $23 per unit.

August 18: 40 units were purchased at $25 per unit.

On August 29: 34 units were sold.

Weighted-average= (23 + 25)/2= $24

Cost of goods sold= 34*24= $816

5 0
3 years ago
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