Answer:
2 years
Explanation:
Payback period is the length of time it takes for the future cash flows to equal the initial investment.
$224,000 = $112,000 + $112,000
therefore,
It takes 2 years for the cashflows to equal initial investment
Answer:
A debit to Work-in-Process Inventory, Finishing Department of $140,000
Explanation:
Data provided
Cost transferred per unit = $4
Units transferred = 35,000
Total cost of units transferred = Cost transferred per unit × Units transferred
= $4 × 35,000
= $140,000
Therefore Process department is a finishing department. From the last processing department to finished goods and when only finished goods are debited.
$140,000 will be paid to the Work-in-Process Inventory, Mixing Department and debited to the Finishing Department, Work-in-Process Inventory.
No, i will not suggest the restaurant is selling food beyond its expiration date because the operating cycle includes the average collection period which will be long if the restaurant only takes cash.
<h3>What is an
operating cycle?</h3>
This refers to the number of days required for a business to receive inventory, sell the inventory and collect cash from the sale of the inventory.
The operating cycle as a financial tools plays a major role in determining the efficiency of a business.
Hence, whenever we noticed that a fast food restaurant's operating cycle is 30 days, we will not suggest the restaurant is selling food beyond its expiration date because the operating cycle includes the average collection period which will be long if the restaurant only takes cash.
Read more about operating cycle
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Answer: (C) Inbound logistics
Explanation:
The inbound logistics is one of the manufacturing process that basically helps in invasion the raw materiel from the manufacturer and it basically involve distribution, storage of the raw material.
The inbound logistics is basically refers to the distribution process of the products of the value chain and the main function of the inbound logistics is that it helps in receiving, purchasing, distributing and also storing all the product material in the form of input.
According to the given question, the Natalie's duties is basically classified in the category of inbound logistics of the business process.
Therefore, Option (C) is correct answer.
