1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
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.

You might be interested in
The following are a series of unrelated situations. Answer the questions relating to each of the five independent situations as
Solnce55 [7]

Answer:

Determine its bad debt expense for 2020. Bad debt expense for 20  

Cr Bad Debt Expense $ 524 - Credit, which means a profit in the income statement.

Allowance for Uncollectible Accounts Balance

$ 4,380  - $524 = $ 3,856

Explanation:

December 31, 2020  

Dr Accounts receivable $ 48,200

Cr Allowance for Uncollectible Accounts $ 4,380

Net Credit Sales $ 1,253,200

Buffalo Company estimates its bad debt expense to be 8% of gross accounts receivable.

Determine its bad debt expense for 2020. Bad debt expense for 20  

Dr Allowance for Uncollectible Accounts $ 524

Cr Bad Debt Expense $ 524

Allowance for Uncollectible Accounts Balance

$ 4,380  - $524 = $ 3,856

The allowance for uncollectible Accounts must reflect as balance the value estimated as bad debts, which is 8% of gross accounts receivable. $48,200*0,08 = $3,856

If the company applies the allowance method, it means that the account Allowance for Uncollectible Accounts must show as balance the % estimated of accounts receivables as CREDIT, if the company had balances that differ from that value then it must be adjusted to the new estimated value.

Bad accounts are those credits granted by the company and there is no possibility of being charged.

"When customers buy products on credits but the company cannot collect the debt, then it's necessary to cancel the unpaid invoice as uncollectible."

One way is to directly cancel bad debts at the time it was decided that the credit is bad, the total amount reported as bad debt expenses negatively affect the income statement and the accounts receivable are reduced by the same amount, less assets

The other way is to determine a percentage of the total amount of accounts receivable as bad debts, there are many ways to analyze accounts receivable and calculate the value of bad debts.

When the company has the percentage of uncollectible accounts, the required journal entry is Bad Expenses (debit) with Allowance for Uncollectible Accounts (credit)

At the time of cancellation, since the expenses were recognized before, we only use the Allowance for Uncollectible Accounts (Debit)  with accounts receivable (credit), with this we are recognizing the bad credit of the company.

8 0
3 years ago
Sam and Teresa run a catering business in which they have two major tasks: getting new clients and preparing food for events and
Sergio [31]

Answer:

The number of new clients will increase by

12/3 = 4

Therefore, the number of new clients will increase by 4.

Explanation:

In getting new client, Sam takes 5hours, while Terasa takes 3hours.

In preparing food, Sam takes 10hours while Teresa takes 12hours.

It can be seen that Sam has absolute advantage and comparative advantage in preparation of food, while Tesesa has absolute advantage and comparative advantage in getting new client.

Sam with the comparative advantage in food preparation will take over preparing food for one more event by taking the necessary time away from getting more clients, and Teresa will use the freed-up time from not preparing food for one event to get more clients.

Teresa will free up 12hours she used in the preparation of food.

Since she use 3hours to get new client, She will get

12/3, which equals 4 number of clients

8 0
3 years ago
Which of the following statements is FALSE?A. The income statement is put together at a specific point in time​ (end of a busine
skelet666 [1.2K]

Answer:

C. Depreciation is a current expense of a cash outflow in the current period.

FALSE depreciation is a deferral expense it do not related t oa cash flow

Explanation:

A. The income statement is put together at a specific point in time​ (end of a business​ quarter, or business​ year) and so the sale could be in one period and the cash received in another period.

CORRECT income statement end at a certain date and include transaction under accrual accounting which doesn't relate to cash disbursements or collection

B. The income statement contains the set of expenses associated with the products or services sold during the current operating​ period, with those expenses not associated with current cash flow labeled as nonminuscash expense items

CORRECT It works with accrual accounting

D. Companies depreciate fixed assets​ (such as office​ furniture, equipment,​ machinery, and​ buildings) over an assigned time​ period, but the initial cash outlay for the fixed asset typically occurs at the time the asset is acquired by the firm.

CORRECT the cash disbursements occurs at time zero. Then, the accounting distributes this over several period to decrease the impact in the first period

5 0
3 years ago
Which of the following is TRUE of brokers? a. Brokers bring buyers and sellers together and assist in negotiation. b. Brokers re
yuradex [85]

Answer:

a. Brokers bring buyers and sellers together and assist in negotiation.

Explanation:

Brokers are a kind of agents as, they help the buyers find the sellers, and the sellers to find the buyers.

They help in price negotiations and settling the deals. They are hired for individual deals, and not for a specified period.

They do not get any payments in the form of salary, but they get payment in the form of commission, based on the price of settlement of the deal.

3 0
3 years ago
Which of these statements is correct with regard to the implementation of marketing objectives?
xz_007 [3.2K]

Answer:

B). A lot of ongoing communication is involved when executing a plan.

Explanation:

The second statement regarding 'a lot of ongoing communication is involved when executing a plan' is the most correct regarding the implementation of marketing objectives. <u>Effective communication is the most significant key to ensure that the plans are timely and efficiently executed, the tasks are divided and coordinated significantly, and the desired goals and objectives are achieved successfully</u>. Thus, <u>option B</u> is the correct answer.

3 0
2 years ago
Other questions:
  • The following amounts were taken from the financial statements of Ando Company: 2017 2016 Total assets $800,000 $1,000,000 Net s
    5·1 answer
  • In the long term, the elasticity of supply is affected most by
    6·1 answer
  • The wholesale cost box of 25 pieces of chocolate is 50 AEDYou decide to sel each bar of chocolate with a 20% profit plus 5% VAT
    7·1 answer
  • Connor Corp. has large amount of data that they are trying to analyze from the last 15 years. They have an arithmetic sales grow
    10·1 answer
  • Testbank Multiple Choice Question 86 Bonita Industries is constructing a building. Construction began on January 1 and was compl
    5·1 answer
  • What is a goal of federal minimum wage who benefits from it?​
    8·1 answer
  • Greg died on July 1, 2019, and left Lea, his wife, a $45,000 life insurance policy which she elects to receive at $9,000 per yea
    10·1 answer
  • A waitress assumes a group of poorly dressed customers to be ungenerous tippers. She doesn’t pay much attention to them during t
    5·2 answers
  • Errol works for Food Packing Company. Errol’s supervisor Gwen writes a negative review of Errol’s performance. Gwen believes the
    6·1 answer
  • If you want to compare your qualifications to an employers requirements, a t-letter is the best cover letter format to use. plea
    5·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!