Answer:
Snyder Painting
If Snyder wants to reduce its non-value-added activities to the greatest extent possible, it should concentrate its efforts on reducing the amount of time and money it spends on
B. paint storage.
Explanation:
a) Identified Activities of Snyder Painting:
A. customer consultation.
B. paint storage.
C. site preparation and cleanup.
D. onsite paint application.
b) Non-value added activities are activities that are currently necessary and consume resources but do not add value to the company's product or service. For example, equipment set-up, parts inspection, recording job time, job scheduling, product storage, and customer billing. These activities should be reduced to the barest minimum in order to maximize value.
Answer:
The correct option is E,14
Explanation:
In using the two-day moving average to forecast for the next day sales, the previous two days sales are taken , summed to up and finally averaged(that is divided by 2)
Next day forecast=sum of previous two days sales figures/number of days
sum of previous two days forecast=13+15=28
since the number of the days is 2 ,the 8 is divided by 2,28/2=14
Ultimately the next day forecast sales figure is 14 newspapers
Option A is wrong that is just considering of the two previous day, the same thing applies to option B.
Option C is the sum of previous two days sales without being divided
Answer:
reconciliate balance $ 22,388,675
Explanation:
bank statement: 18,835
deposits in transit 100,740
22,376,200
outstanding check
10189 (56,710)
10192 (15,365)
10193 (22,650)
10194 (12,375)
Adjusted balance: 22,388,675
checkbook balance: 22,385,105
interest earned 4,020
ATM card fees (450)
Adjusted balance: 22,388,675
Notes: For each statement we adjust for the unknown information.
The bank is unaware of the outstanding check and the deposit in transit. So we adjust for these concepts.
The company has no knowledge of the ffes and interest earned until receiving the bank statement so we must adjust for that amount.
