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Evgen [1.6K]
3 years ago
15

What is the approach that Scrum encourages when a Team determines it will be difficult to deliver any value by the end of a Spri

nt
Business
1 answer:
garik1379 [7]3 years ago
6 0

Answer:

A.  Together with the Product Owner, focus on what can be done and identify a way to deliver something valuable at the end of each Sprint

Explanation:

The approach that is to be applied for delivering the value that becomes difficult is to come together by involving the owner of the product so that we get to know by focusing it and identify the way for delivering the valuable things so that in return the customer could satisfy with the product and the chances of building a long term relation would became high

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In its first month of operations, Literacy for the Illiterate opened a new bookstore and bought merchandise in the following ord
Dahasolnce [82]

Answer:

Find the detailed answer below

Explanation:

January 1     300 units at $5      $1,500

January 8     500 units at $9       $4,500

January 29 910 units at $10       $9,100

1,110 units are available at the end of the month. That means 600 units were sold

A. Under FIFO

1. Cost of goods available for sale:

        $1,500 + $4,500 + $9,100 = $15,100

2.   Cost of goods sold

         300 units at $5      $1,500

         300 units at $9      $2,700

          Total             $4,200

3. Ending inventory

           200 units at $9       $1,800

           910 units at $10      $9,100

           Total              $10,900

B. Under LIFO(Last in First Out)

1.  Cost of goods available for sale:

        $1,500 + $4,500 + $9,100 = $15,100

2.  Cost of goods sold

        600 units at $10      $6,000

        Total       $6,000

3. Ending inventory

       310 units at $10      $3,100

      500 units at $9        $4,500

      300 units at $5        $1,500

      Total        $9,100

C. Weighted average cost flow assumption: Cost of goods available for sale / total units

1. Cost of goods available for sale:

     $1,500 + $4,500 + $9,100 = $15,100

2. Cost of goods sold

      $15,100 / 1,710 = $8.83

      $8.83 x 600 = $5,298

3. Ending inventory

       $8.83 x 1,110 = $9,801.3

Under perpetual Inventory System

Between January 9 and January 28. The prevailing price that will be used to sell the inventory will be the price at January 8($9)

1. Cost of goods available for sale:

$1,500 + $4,500 + $9,100 = $15,100

2.  Cost of goods sold

        600 units at $9     $5,400

        Total           $5,400

3. Ending inventory

       1,110 units at $9      $9,990

      Total            $9,990

6 0
3 years ago
Jefferson Company's demand for its only product exceeds its manufacturing capacity. The company provided the following informati
KATRIN_1 [288]

Answer:

1. Utilization rate = Operating time/Scheduled time

Utilization rate = 5,696/6,400

Utilization rate = 0.89

2. Efficiency rate = (Total output / Ideal run rate) / Operating time

Efficiency rate = (18,100/2) / 5,696

Efficiency rate = 9,050 / 5,696

Efficiency rate = 1.5888343

Efficiency rate = 1.59

3. Quality rate = Good units produced / Total units produced

Quality rate = 12,670 / 18,100

Quality rate = 0.70

4. Overall Equipment Effectiveness = Utilization rate * Efficiency rate *  Quality rate

Overall Equipment Effectiveness = 0.89 * 1.59 * 0.70

Overall Equipment Effectiveness = 0.99057

Overall Equipment Effectiveness = 0.991

6 0
3 years ago
The Unearned Revenue account of Professor Incorporated began 2018 with a normal balance of $5,000 and ended 2018 with a normal b
Nady [450]

Answer: $18,000

Explanation:

Given that,

Began 2018 with a Normal balance = $5,000

Ended 2018 with a normal balance = $11,000

Unearned Revenue account was credited = $24,000

Revenue earned by professor in 2018 :

= Beginning unearned revenue + Advance payments - Ending unearned revenue

= $5,000 + $24,000 - $11,000

= $18,000

Therefore, $18,000 revenue earned by professor in 2018.

7 0
3 years ago
The beginning and ending finished goods inventories of the Prize Ring manufacturing company were $84,000 and $79,750 respectivel
VLD [36.1K]

Answer:

$67,150

Explanation:

The computation of cost of goods manufactured for this period is shown below:-

Cost of goods sold = Beginning finished goods + Cost of goods manufactured - Ending finished goods

$71,400 = $84,000 + Cost of goods manufactured - $79,750

$71,400 = $4,250 + Cost of goods manufactured

Cost of goods manufactured = $71,400 - $4,250

= $67,150

Therefore for computing the cost of goods manufactured we simply applied the above formula.

5 0
3 years ago
A merchandiser uses a perpetual inventory system. The beginning Retained Earnings balance of the merchandiser was​ $95,000. Duri
stepan [7]

Answer:

income summary      14,000 debit

         Retained Earnings                  14,000 credit

Explanation:

The last step in the closing prosess it to transfer the income summary account balance into retained earnings.

Income Sumary will be used to close the temporary accounts which are, dividends, revenues and expenses:

                                      Income Sumary

                                   <u>Debit             Credit</u>

to close revenues                           75,000

to close expenses        42,000

to close dividends         19,000

totals:                              <u>61,000      75,000</u>

              Balance:                           14,000              

this is the amount to transfer into retained earnings.

6 0
3 years ago
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