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andriy [413]
3 years ago
15

In conducting interviews and observing factory operations to implement an activity-based costing system, you determine that seve

ral activities are unnecessary or redundant. For example, warehouse personnel were inspecting purchased components as they were received at the loading dock. Later that day, the components were inspected again on the shop floor before being installed in the final product. Both of these activities caused costs to be incurred but were not adding value to the product. If you include this observation in your report, one or more employees who perform inspections will likely lose their jobs.Required1. As a plant employee, what is your responsibility to report your findings to superiors?2. Should you attempt to determine if the redundancy is justified? Explain.3. What is your responsibility to the employees whose jobs will likely be lost by your report?4. What facts should you consider before making your decision to report or not?I need one outside resource please
Business
1 answer:
alexdok [17]3 years ago
5 0

Answer:

Answer - 1

Activities are of two kind worth included exercises and non esteem included exercises. So non esteem increased the value of the item in this manner ought to be decreased. In any case, few non esteem included exercises are basic non esteem included exercises which implies these are vital so as to conform to standard requirements.The exercises like review, checking, reworking,reporting are significant during the time spent creation. These are significant for the procedure of responsibility. These don't enhance the movement yet at the same time it is imperative to convey these exercises on the grounds that these will assist with giving the correct item to the client.  

So when the parts are gotten at dock it is essential to investigate them in light of the fact that to know are the items are in acceptable condition, regardless of whether those are harmed/imperfect or not. Is the amount requested is gotten or less is gotten. So review is extremely significant else whatever is gotten will be acknowledged which will make the organization item imperfect.  

Presently the item was reviewed again before being introduced in definite item this is likewise a basic non esteem included action, on the grounds that to satisfy the standard set for the item we need to assess that correct segment is introduced in conclusive item. Let say if the representative don't investigate and wrong item is introduced in the last item than the inadequate item will be made which is having more misfortune than the expense of review.  

So as per me these are fundamental non esteem added action which should be done so as to consent to administrative or set guidelines.  

Answer - 2

Redundancy can't as assessment is an action which should be conveyed with the goal that we get right segment in first circumstance and in second circumstance don't create deficient item.  

Answer - 3

My responsibility is to make them sure that their job is likewise important during the time spent creation so need not stress that they will lose the positions. I will specify that what kind of movement you are doing and how it will support the association.  

Answer - 4

The realities which we ought to consider that is this movement avoidable or not and is it significant during the time spent delivering merchandise, will it help to give the item with right detail to clients. Will it be useful to maintain administrative prerequisites. All the standard particular are met. So according to this what I ought to consider in report is to make reference to the importance of assessment exercises as fundamental non esteem included exercises which ought not influence the activity of at least one workers.

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Credit sales 172,000 collections on accounts receivable during the year 170,000 cash sales 818,000 unadjusted debit balance in a
Marina CMI [18]

Answer:

$250  ( C )

Explanation:

using the given data below is the entry

The adjusting entry to recognize bad debts will include a debit to bad debt expense for

<h3>  particulars                                                                   amount</h3>

Beginning accounts receivable                                                     14000

+ Credit sales made during the year                                             172000

(-) collections from debtors                                                            (170000)

(-) expected salary return & allowances for credit sales               (2000)

Ending accounts receivable                                                          14000

Percentage of bad debt                                                                 1.5%

Total bad debts balance required ( 14000*1.5%)                          210

+ Already debit balance in allowance for doubtful account         40

Total debit to be made in bad debts                                              250

Total debts = total bad debts balance required + already debit balance in all

                  =  210 + 40 = $250

7 0
3 years ago
Bonita, Inc. uses activity-based costing as the basis for information to set prices for its six lines of seasonal coats.
jeka94

Answer:

Results are below.

Explanation:

<u>To calculate the activities rates, we need to use the following formula:</u>

Predetermined manufacturing overhead rate= total estimated overhead costs for the period/ total amount of allocation base

Designing= 452,795 / 11,900= $38.05 per designer hour

Sizing and cutting= 4,231,150 / 157,000= $36.95 per machine hour

Stitching and trimming= 1,501,000 / 79,000= $19 per labor hour

Wrapping and packing= 327,050 / 31,000= $10.55 per finished unit

4 0
3 years ago
In the sales comparison approach, how is the appropriate unit of comparison chosen?
kirill115 [55]

Answer:

c. It depends on the appraisal problem. The appraiser should apply all appropriate units of comparison, explain differences in wide variation in the results, and choose the most reliable unit.

Explanation:

The three (3) main methods used for the valuation or appraisal of real-estate properties are;

I. Income approach.

II. Cost approach.

III. Sales comparison approach.

A sales comparison approach can be defined as a real-estate appraisal technique that is typically based on comparing a property to other recently sold real-estate properties with similar characteristics. Thus, this appraisal method or technique requires that the real-estate property being appraised should be in current use and fall within the same area or locality as the other recently sold real-estate properties.

In the sales comparison approach, the appraised property should mimic the market behavior of other real-estate properties sold recently.

5 0
3 years ago
The bookbinder company has made $150,000 before taxes during each of the last 15 years, and it expects to make $150,000 a year b
allochka39001 [22]

A company can carryback losses up to 3 years. This means that the company can use its 525,000 2015 loss to obtain a credit for income taxes paid in the previous 3 years, 2012-2014. The calculation is as follows:

2012 Carryback: 150,000 x .35 = 52,500

2013 Carryback: 150,000 x .35= 52,500

2014 Carryback: 150,000 x .35 = 52,500

The check that Book Binder receives will be 52,500 x 3 = 157,500.

Its tax liability in 2015 will be zero, and its loss eligible for carryforward will be 525,000-450,000=75,000, since it has already carried back $450,000 of its loss (2012-2014 income).

Its liabilities in future years will be:

2016: (150,000-75,000) x .35 = 26,250. We have now exhausted all tax credits possible from the 2015 loss.

2017-20: 150,000 x .35 = 52,500

4 0
3 years ago
All the different management fees and fund's operating costs are often referred to as a(n):
neonofarm [45]
The answer to this question is letter B. expense ratio.
All the different management fees and fund's operating costs are often referred to as <span>expense ratio.</span>
 >The expense ratio is the annual fee that all funds  charge their shareholders. It expresses the percentage of assets deduced each fiscal year for fund expenses, including 12b-1 fees, management fees, administrative fees, operating costs, and all other asset-based costs incurred by the fund.
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