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4 years ago

The final step in recognizing the completion of production requires a company to:

Business

1 answer:

BaLLatris [955]4 years ago

3 0

Answer:

A. debit Finished-Goods Inventory and credit Work-in-Process Inventory.

Explanation:

The work in progress cannot yet be debited because it cannot be sold while the finished goods represent cash.

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Which of the following strategies is represented by McDonald’s experimenting with their traditional menu, as well as changing th

Harman [31]

Answer:

In the United States. McDonald’s spends the biggest slice of their budget. The company does many new product trials and innovation in its home country, where it has the biggest audience. The company’s advertising is typically skewed to children in the United States, where McDonald’s produces about 250 ads annually.

In Japan. The company’s ad campaigns are widely different. The Japanese ads are focused on adults as well as children, with some features that are unique to the locale’s culture.

6 0

3 years ago

• The Vice President of Customer Service has expressed concern over a project in which you are involved. His specific concern is

Basile [38]

Answer: A. The VP of customer service is correct. Since the cost was not taken into account at the beginning of the project, the project should not go forward as planned. Project initiation should be revisited to examine the project plan and determine how changes can be made to accommodate customer service. B.

Explanation:

3 0

3 years ago

Weekly demand figures at Hot Pizza are as follows:

garri49 [273]

Answer:

MAD: 10.04, 11.53

MAPSE: 10% , 12%

MSE : 146.33, 178.72

Bias : -0.56 , -0.96

3-week moving average method is better

Explanation:

i ) Evaluate MAD ( average of absolute errors )

using 3 week moving average

= 10.04

using simple exponential smoothing

= 11.53

ii) MAPSE ( average of absolute percentage error )

using 3 week moving average

= 10%

using simple exponential smoothing

= 12%

iii) MSE ( average of Squared Errors )

3 week MV = 146.33 , Simple exponential smoothing = 178.72.

iv) Bias

3 week MV = -5/9 = -0.56, Simple exponential smoothing = -8.69/9 = -0.96.

v) TS ( Total error / MAD )

3 week MV = -5 / 10.04 = -0.49 ,

simple exponential smoothing = -8.69 / 11.53 = -0.75

b) I prefer 3-week moving average based on the values of MAD , MAPE, MSE, bias and TS which shows that there is a better estimate when using the 3 -weeks moving average.

Attached below is the Tabular calculations of the required parameters for the question

3 0

3 years ago

Revenue on account amounted to 54,000. Cash collections of accounts receivable amounted to $2,300. Expenses for theperiod were 5

Georgia [21]

Answer:

Option (D) is correct.

Explanation:

Given that,

Revenue on account = $54,000

Cash collections of accounts receivable = $2,300

Expenses for the period = $52,100

company paid dividends = $450

Net income for the period:

= Revenue on account - Expenses for the period

= $54,000 - $52,100

= $1,900

Therefore, the net income for the period is $1,900.

8 0

3 years ago

A loss contingency can be accrued when it is certain that funds are available to settle the disputed amount. the amount of the l

BlackZzzverrR [31]

Answer: The amount of the loss can be reasonably estimated and it is probable that an asset has been impaired or a liability has been incurred.

Explanation:

A loss contingent is an expense that is based on a future event for instance, if the company loses a law suit and would have to pay settlement costs.

Loss contingents are only permitted to be accrued if the probability that they will happen is likely and even at that, the amount of loss needs to be capable of being reasonably estimated. This way, a proper estimate can be made that will represent the situation adequately.

5 0

3 years ago