Answer:
Explanation:
a. The computation of the ending inventory is shown below:
Inventory Quantity Cost NRV LCM Total inventory
(1) (2) (1 × 2)
Unit A 14 $38 $40 $38 $532
Unit B 22 $42 $39 $39 $858
Unit C 16 $27 $31 $27 $432
Unit D 19 $18 $17 $17 $323
Total $2,145
And total cost = Unit A × cost + Unit A × cost + Unit A × cost + Unit A × cost
= 14 × $38 + 22 × $42 + 16 × $27 + 19 × $18
= $532 + $924 + $432 + $342
= $2,230
b. The journal entry is shown below:
Income summary A/c Dr $85 ($2,230 - $2,145)
To Inventory A/c $85
(Being inventory is adjusted)
Answer:
Quality control
Explanation:
Six Sigma is a quality business management strategy which helps business organizations to improve the quality of processes, products and services by discovering and eliminating defects, variations or errors. It is a strategic business concept that was developed in 1986 by Motorola.
Under the six sigma approach, any process that doesn't provide customer satisfaction or causes challenges in an organisation's process should be eliminated from the system in order to produce quality products and services. It allows only 3.4 defective features for every million opportunities and as such expects processes to be defect free 99.99966 percent of the time.
Generally, there are two (2) main methods of achieving the six sigma approach;
1. DMAIC: define, measure, analyze, improve and control.
2. DMADV: define, measure, analyze, design and verify.
Hence, a pre-concert rehearsal is an example of quality control because the participants or team members are made to practice their routines so as to master them and prevent mistakes on the day of the concert. Thus, a pre-concert is aimed at getting the best out of a team in order to deliver a quality performance to the audience.
today's world, 96% of consumers have used a coupon in the past 90 days. JC Penney tried to break consumers of the coupon habit in 2012 and quickly saw a 23% drop in sales for the first three quarters of 2012. If JC Penney couldn't change people's shopping behavior, you probably can't either.n: so i guess its c
Answer:
<em>16,800 dollars.</em>
Explanation:
<em>Overhead rate predetermined at availability.
</em>
= Approximate overhead processing times / Capacity machine hours.
= $33,600 / 24,000.
= $1.4 per hour on machine.
<em>Cost of Resources not used.
</em>
= (Machine hours at capacity - Actual machine hours) x Overhead speed estimated at load.
= ( 24,000 - 12,000) x $1.4.
= 16,800 dollars.
Definitely not a credit card, as that will only snowball debt. If your basic expenses exceed income, more money needs to be allocated, and spending needs to be wisely reduced. Taking out a loan can temporarily help with problems, so I'd say loan.
