Because there is so much unpredictability in all supply chains, companies must use Supply Chain Management to make supply chain decisions.
<h3 /><h3>Supply Chain Management: What Is It?</h3>
- All procedures that convert raw materials into finished commodities are included in supply chain management, which controls the movement of both goods and services.
- Because all supply chains are inherently unpredictable, businesses must employ supply chain management to make decisions about their supply chains.
- Businesses can reduce unnecessary expenses and deliver goods to customers more quickly and effectively by using supply chain management.
- Creating a strategy, locating raw materials, production, distribution, and returns are the top five aspects of supply chain management.
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Answer:
The correct answer is E.
Explanation:
Giving the following information:
Forrester Company is considering buying new equipment that would increase monthly fixed costs from $276,000 to $544,500 and would decrease the current variable costs of $60 by $15 per unit. The selling price of $100 is not expected to change.
Break-even point (dollars)= fixed costs/ contribution margin ratio
Break-even point (dollars)= 544,500/ [(100-45)/100]
Break-even point (dollars)= $990,000
The interest earned by the Sherwood Day Corporation is calculated by subtracting from the net income all the expenses including the interest expense and the tax expense. Mathematically,
interest earned = $200,000 - ($40,000 + $30,000)
= $130,000
Answer:
Cost of Goods Sold Dr.
To Supplies Expense
Explanation:
The journal entry for cost of goods sold should've been:
Cost of goods sold A/C Dr.
To Purchases A/C
(Being cost of goods sold expense recorded)
The wrong entry passed has been:
Supplies expenses A/C Dr.
To Purchases A/C
The rectifying (correcting) journal entry should be:
Cost of Goods Sold A/c Dr.
To Supplies Expenses A/C
(Being rectification entry for cost of goods sold recorded)
Cost of goods sold is an expense and expenses should be debited.
At the same time, purchase being a nominal account, crediting it would reduce the purchases balance.
Supplies expense was wrongly debited so it has been credited to cancel out the effect.
A because you invest money into the bank, and eventually the deposits add up to a lot of money.
