<u>Answer:</u>
<em>a. San Francisco–based Airbnb used #OneLessStranger to spark an international social media campaign in which it asked its community of customers to perform random acts of hospitality for strangers, then share a video or photo of themselves with the person they helped.
</em>
<em>b. Dunkin' Donuts serves dry pork and Seaweed donuts in China and grapefruit donuts in Korea.
</em>
<em>d. Austria’s Red Bull sponsors extreme sports events across Europe, North and South America, and Asia, making its drinks feel like a local presence while the company maintains a European look to its packaging.
</em>
<em></em>
<u>Explanation:</u>
Globalization is the adjustments on the planet where we are moving endlessly from independent nations and toward an increasingly incorporated world. Globalization of business is the adjustment in the industry from an organization related to a solitary country to one that works in numerous nations. Globalization is a mechanism by which businesses and societies are becoming more tightly bound and linked through global networks. During 19th century, when the power of steam cut the cost of moving goods abroad, globalization moved ahead.
Answer:
A) cost of direct labor =1.10+0.55+0.92 = $2.57
b. Labor content = 6 min+ 3 min+5 min= 14 min
c. idle time at resource 3 = (6+3)-5 = 4 mins
d.Average labor utilization = labor content / (labor content plus idle time)
= 14/ (14+7) =14/21 =0.66666667*100= 67%
e. takt time = available time / demand
= 60 min / 20 = 3 min
f. Target man power = total labor content / Takt time
= 14 /3
= 4.67 = 5 manpower
Explanation:
direct labor per unit
Resource 1 = 6/60 =0.1 hrs*11= $1.10
Resource 2 = 3/60 = 0.05 *11 = $0.55
Resource 3 = 5/60 = 0.08*11 = $0.92
total idle time ; resource 1 = 3 + 4= 7
Explanation:
As we know that the inventory should be recorded at the lower cost or net realizable value whichever is lower
And, the same is shown on the attachment which is attached below:
The net realizable value for each products is computed by
= D - C - E
The DCE are the rows of the attached spreadsheet
And, the proper unit value for each products is as follows
Product Lower of cost or NRV
D 92
E 75
F 73
G 43
H 61
I 44
Answer:
Part 2 Which of the following transactions does not involve an accrual?
- Recording the pre-payment of two years' worth of insurance. THIS IS AN ASSET EXCHANGE TRANSACTION SINCE IT CREATES AN ASSET ACCOUNT, PREPAID INSURANCE, THAT DECREASES AS TIME PASSES
Part 3 The recognition of an expense may be accompanied by which of the following?
- An increase in liabilities. EXPENSES ARE NOT ALWAYS PAID IMMEDIATELY, FOR EXAMPLE UTILITIES, THEY FORM A SHORT TERM LIABILITY UNTIL PAID.
Part 4 The adjusting entry to recognize work completed on unearned revenue involves which of the following?
- A decrease in liabilities and an increase in equity. UNEARNED REVENUE IS A LIABILITY ACCOUNT, AND AS THE WORK IS COMPLETED, REVENUE SHOULD INCREASE, THEREFORE EQUITY WILL INCREASE.
Part 5 Which of the following would cause net income on the accrual basis to be different from (either higher or lower than) "cash provided by operating activities" on the statement of cash flows?
- Paid advertising expense. IF THE COMPANY PAID ADVERTISING EXPENSES ON ACCOUNT.
Explanation:
Answer:
Explanation:
The T account is presented below:
Allowance for Doubtful Debts
Jan 29 $5,850 Jan 1 Beginning balance $54,200
Aug 9 $11,850 April 18 $4,000
Dec 31 $52,160 Nov 7 $7,000
Dec 31 Unadjusted
balance $4,660
Dec 31 Adjusting entry $64,660
Dec 31 Adjusted balance $60,000
