Answer:
The correct answer is C. 100
Explanation:
Data
Units in opening Work-In-Progress (WIP) 65
Units added ?
Units transferred out 77
Units in closing WIP 30
Units added=Units transferred out+Units in closing WIP-Units in opening Work-In-Progress (WIP)=77+30-65=42
Equivalent Units in production
Beginning WIP (% to complete) +Started and completed+Ending WIP
Beginning WIP 52 (65 x 80% )( 20% complete at the previous period, 80% in this period)
Started and completed 42
Ending WIP 6 (30 x 20%) (20% complete in this period)
Total =52+42+ 6= 100
Answer:
Net income will remain same.
Explanation:
Net income is no change in net income because the sales is increase as the price of decreased. Net impact is zero.
For Example:
Price = 100
Variable cost = 50
Flights = 100
Net income = (100-50) x 100 = $5,000
Revised Calculation
Price = 100 x 90% = $90
Variable cost = 50
Flights = 100 x 125% = 125
Net income = (90-50) x 125 = $5,000
There is no change in the net income.
Answer:
Just in time inventory system
Explanation:
Just in time inventory system is on that ensures that the amount of a product needed is available to the consumer and no more is stockpiled.
For this inventory style to be successful the business will need to forecast accurately the demand of customers.
Just in time inventory system is aimed at increasing efficiency and reducing cost such as storage cost.
There is little or no delay time and idle-in process and finished goods inventory
That's a 'cartel'. It's illegal in the US. It's also, mean, nasty, and not fair.
It helps an organization because that is their rules and regulations and standards that employers have to follow. An example of how the manual can help an organization is if you purchase something and the policy says you have 30 days to return it and you return it 31 days later they will not be able to take it because that is one of their rules.
