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3 years ago

Presented below is information for Cullumber Company for the month of January 2017.

Business

1 answer:

Law Incorporation [45]3 years ago

7 0

Answer:

you cannot journalize these transactions. you can prepare an income statement which is not the same:

Sales revenue $393,500

Sales discounts ($8,800)

Sales allowances ($18,600) ($27,400)

Net sales revenue $366,100

Cost of goods sold ($205,200)

Gross profit $160,900

Operating expenses:

Rent ($33,000)

Freight out ($8,200)

Insurance ($13,600)

Salaries ($60,200) ($150,000)

Operating income $10,900

Income taxes ($5,300)

Net income $5,600

Other comprehensive income $2,000

Total income $7,600

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Markland First National Bank of Rolla utilizes Kanban techniques in its check processing facility. The fol-lowing information is

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Answer:

the current daily demand of the check processing facility is 8000 units, and a 16 containers is required.

Explanation:

Solution

Given that,

(A) The calculation of delay demand is as follows:

K = (+_) (1 +) C

K = is the number of containers

d = the average delay demand

w = the waiting time per average per unit

p = the average processing time per unit

C = Container quantity

α = safe guard policy variable

Now,

The average processing time = 2/24 * 60 =0.0167

The average waiting time is = 2/24 =0.083

The required number of container = 20 = (0.083 + 0.0167 ) (1 + 0.25) /50

which is

20 * 50 = (0.1) (1.25)

Thus,

1000 / 0.125 = 8000

Now,

The average daily demand is 8000

The next step is to find out how many containers would be needed.

Now,

If there is no waste, it is = 0

The required number of containers will be =

K = 8000 ( 0.083 + 0.0167) ( 1 + 0 )/ 50

= 8000/5= 16 Containers

7 0

3 years ago

Vonda and Aleiyah are shopping together at the mall for new jeans. Vonda is willing to pay $90 and Aleiyah is willing to pay $50

Gala2k [10]

Answer:

A. $60

Explanation:

Recall that, consumer's surplus refers to the price that a consumer is willing to pay less the amount he or she actually pays.

Thus

Consumer surplus = maximum price willing to pay - actual market price.

Given that

Market price = $40

Vonda is willing to pay = $90

Aleiyah is willing to pay = $50

Hence.

Vonda consumer surplus = 90 - 40

= $50

Aleiyah consumer surplus = 50 - 40

= $10.

Total consumer surplus = 50 + 10

= $60.

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3 years ago

Morrow Inc. uses the percentage of credit sales method of estimating doubtful accounts. The Allowance for Doubtful Accounts has

Black_prince [1.1K]

Answer:

$9,400

Explanation:

The computation of ending balance in the Allowance for Doubtful Accounts account is shown below:-

The ending balance in the Allowance for Doubtful Accounts account = Net credit sales × Bad debt losses + Unadjusted credit balance

= $190,000 × 3% + $3,700

= $5,700 +$3,700

= $9,400

Therefore for computing the ending balance in the Allowance for Doubtful Accounts account we simply applied the above formula.

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3 years ago

Jake is the maker of a $2,000 promissory note payable to Kim. Kim indorses the note toLou who, in turn, indorses it to Mona, who

kow [346]

Answer:

it's Jake, Kim, or Lyron or basically the first one but yours appears to be different

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3 years ago

McDonald's culture, with an emphasis on cleanliness, consistency, service, and the training that reinforces the value of these c

Luba_88 [7]

Option C

Costly to imitate criteria for sustainable competitive advantage

<h3>Explanation:</h3>

Sustainable competitive advantages are business assets, properties, or skills that are hard to replicate or exceed; and render a higher or complimentary long term situation over competitors. A company must produce distinct goals, plans, and methods to create a sustainable competitive advantage.

It needs huge expenditure in time and money to create a brand. It demands very limitedly to destroy it. A good brand is precious because it prompts customers to favor the brand over competitors. A unique product or service increases customer support and is less suitable for a competitor to imitate.

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4 years ago