Answer:
The correct answer is the option D: share information to find a mutual solution.
Explanation:
To begin with, the concept known as "Supplier Satisfaction" has long been a dead term for many companies in all the industries, however very recently the acquisition of this method has been implemeted in order to increase the benefits that it brings to understand better the relationship with the costumer. Moreover, the model itself seeks for the proper creation of a high quality relationship established in communication between the costumer and the supplier who is able to make a confortable sale and create and environment suitable for the buyer. That is why that the correct action will be to share information in order to find a mutual solution in the case where the situation is in that desirable region of the matrix.
The journal entry that can be used to record these transactions will be credit to finished goods of $67,000.
<h3>What is a journal entry?</h3>
A journal entry is simply used to record a business transaction in the accounting records of a business.
Since the company transferred $70,000 from Work in Process to Finished Goods and recorded a Cost of Goods Sold of $76,000, the journal entry that can be used to record these transactions will be credit to finished goods of $67,000.
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Answer:
a. $25
Explanation:
According to the given situation, the computation of deadweight loss of the tax is shown below:-
Deadweight Loss = 1 ÷ 2 × 1 × ($350 - $300) = 1 ÷ 2 × ($50)
Or, Deadweight Loss = 1 ÷ 2 × ($50)
Or, Deadweight Loss = $25
Therefore the correct option is a. $25
We simply considered the above values so that the deadweight loss of the ta could come
Answer:
$27,000
Explanation:
Years Units Selling Sales NWC requirement Δ in Cash flows
sales price$ revenue$ 50,000 / 15% for NWC
0 - - - $50,000 $50,000
1 8000 180 1,440,000 $216,000 $166,000
2 9000 180 1,620,000 $243,000 $27,000
3 12000 180 2,160,000 $324,000 $81,000
4 15000 180 2,700,000 $405,000 $81,000
Note: Cashflow for NWC is derived by Cumulative difference in Cash flows for Present Year and previous year. Hence, the change in cash flow for the NWC balance at the end of year 2 is $27,000
Answer:
Explanation:
Process costing can be regarded as a methodology in accounting that involves attributing cost to unit of production in different firms especially firm that are producing product that are homogeneous.
Job order costing can be regarded as
a system that occur when an order of purchase is made by consumer, it helps in way that the price of individual product is affordable by consumer.
a.Companies that produce small quantities of many different products.
(Job order costing)
b.A company that pulverizes wood into pulp to manufacture carboard.
(Process costing)
c.A company that manufactures thousands of identical files.
(Process costing)
d.Companies that produce large numbers of identical products.
(Process costing)
e.A computer repair service that makes service calls to homes.
(Job order costing)
f.A company that assembles electronic parts and software to manufacture
(Process costing)
millions of portable media players.
g.A textbook publisher that produces copies of a particular book in batches.
(Job order costing)
h.A company that bottles milk into one-gallon containers.
(Process costing)
i.A company that makes large quantities of one type of tankless hot water heaters.
(Process costing)
j.A governmental agency that takes bids for specific items it utilizes where each
(Job order costing)
.
