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marysya [2.9K]
3 years ago
7

Lindsay​ Electronics, a small manufacturer of electronic research​ equipment, has approximately 6 comma 800 items in its invento

ry and has hired Joan​ Blasco-Paul to manage its inventory. Joan has determined that 8​% of the items in inventory are A​ items, 34​% are B​ items, and 58​% are C items. She would like to set up a system in which all A items are counted monthly​ (every 20 working​ days), all B items are counted quarterly​ (every 59 working​ days), and all C items are counted semiannually​ (every 121 working​ days). How many items need to be counted each​ day?
Business
1 answer:
Nitella [24]3 years ago
6 0

Answer:

99 items

Explanation:

Total number of items = 6,800

The number of items per type is:

A= 6,800*0.08\\A=544\ items\\B= 6,800*0.34\\B=2,312\ items\\C= 6,800*0.58\\C=3,944\ items

The number of items of each type counted per day is:

n_A=\frac{544}{20}\\n_A=27.2\\n_B=\frac{2312}{59}\\n_B=39.2\\n_C=\frac{3944}{121} \\n_C= 32.6\\

The total number of items counted per day is:

n = n_A+n_B+n_C=27.2+39.2+32.6\\n=99\ items\ per\ day

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2 years ago
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frutty [35]

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This entry is correct because it rent had been prepaid, then the entry would have been to debit 'Prepaid Rent'and credit Cash/Bank. However at the end of the period when rent is accrued, you debit 'rent expense' and credit 'prepaid rent'

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This entry is correct because at the end of the period when Tax is accrued, you debit 'Tax expense' and credit 'Tax payable' because tax is always paid much later in a future period not the current period

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6 0
3 years ago
Read 2 more answers
In a small, closed economy, national income (GDP) is $400.00 million for the current year. Individuals have spent $150.00 millio
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Answer: $100 million

Explanation:

National Income (GDP) for a close nation is calculated as:

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Making investment the subject would give us:

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= 400 - 150 - 150

= $100 million

3 0
3 years ago
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