An appropriate choice of outdoor play equipment for a toddler play yard would be a small wooden playhouse. This is so because it helps them improve their health through using lots of energy which could be a good amount of exercise. Another reason is that it will improve their social skills. Since they will be talking and interacting with their playmates, their social skills will be properly honed. This will also help them become responsible because of the rules set on the playhouse.
Answer:
b. A debit to Merchandise Inventory of $21,800, a credit to Accounts Payable of $21,800
Explanation:
Parker Company uses the perpetual inventory system. It bought merchandise on account from Beige Inc, invoice no. 342, $20,000; terms 1/15, n/30; dated June 25; FOB San Francisco, freight prepaid and added to the invoice, $1,800 (total $21,800).
The following journal entries records this purchase transaction: A debit to Merchandise Inventory of $21,800, a credit to Accounts Payable of $21,800
<u>The reason is that with a perpetual inventory system, transportation costs are added directly to the inventory balance</u>
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Answer:
A. Forecast for July = 42.
B. Forecast for August = 42.45
C. Because of seasonality in the banking industry.
Explanation:
A. Forecast for July = Forecast for June + Smoothing constant x (Forecasting error)
= 42 + 0.15 (42-42) = 42
B. Forecast for August = Forecast for July + 0.15 (Forecasting error)
= 42 + 0.15 (45-42) = 42.45
C. Because there is a great deal of seasonality in the processing requirements of banking industry, this forecasting method (exponential smoothing) might not be appropriate for this situation.
Answer:
The answer is (D) all of the above.
Explanation:
Managing diversity is a workplace practice where companies focus their efforts in establishing a working environment where people with various demographic characteristics can thrive and perform to their fullest potential according to their work responsibilities. This means employers, more specifically, the human resources department, need to pay attention to the individuals’ background in order to create a work environment that is fair to each individual.
Answer:
59,700 units
Explanation:
The computation of the equivalent units for the conversion cost is shown below:
= Opening work in process units × completion percentage + units started and completed × completion percentage + ending work in process units × completion percentage
= 4,600 units × 100% + 36,500 units × 100% + 31,000 units × 60%
= 4,600 units + 36,500 units + 18,600 units
= 59,700 units
