Answer:
UCL 14.08oz
LCL 13.93oz
Explanation:
´x=σ/√n
0.15/36 =0.15/6=0.025
´x= =14oz
UCL=´x+z σ´x
UCL=´x−z σ´x
UCL= 14 +3σ´x=14 +3(0.025)
=14+0.075
UCL=14.075oz approximately 14.08oz
LCL= 14 -3σ´x=14 -3(0.025)
=14- 0.075
LCL=13.925oz approximately 13.93oz
Answer:
C
Explanation:
more foreign currency, and so buys fewer foreign goods.
Answer and Explanation:
To calculate ending work in progress we use the formula:
Ending WIP = Beginning WIP + Manufacturing costs - Cost of goods manufactured
Debit ($) Credit ($)
Work-in progress $39,200(Dr)
Wages payable:
Job No. 321 $11,000(Cr)
Job No. 329 $9,200(Cr)
Job No. 336 $5,000(Cr)
Job No. 342 $8,300(Cr)
Job No. 346 $5,700(Cr)
Work-in progress $8,000(Dr)
Manufacturing overhead
$8,000(Cr)
Work-in progress $27,440(Dr)
Factory overhead ($39,200 * 70/ 100)
$27,400(Cr)
Work in progress refers to goods that are yet to be finished but have passed raw material stage as they have been partly processed. The formula stated above is used to calculate ending work in progress however we just made journal entries to reflect costs and work in progress.