<u>Adjusting entry to record the Rent revenue:</u>
It is given that on November 1, the company rented space to another tenant. A check in the amount of $9,000, representing three months' rent in advance, was received from the tenant on that date. The payment was recorded with a credit to the unearned rent revenue account.
Now on December 31, we need to prepare the adjusting entry to record the Rent Revenue for the period (Nov. 1 to Dec. 31) that is two months. The Rent Revenue for two months shall be 9000*2/3 = $6,000
Hence the adjusting entry to record the Rent revenue shall be as follows:
Unearned Rent Revenue Debit $6,000
Rent Revenue Credit $6,000
(being the adjustment made for Rent Revenue earned)
Answer:
a. 16.1 hours
Explanation:
Throughput time = Process Time + Queue Time + Move Time + Inspection Time
Throughput time = 2.7+ 3.8+8.0+1.6= 16.1 hours
Throughput time does not include wait time.
The throughput time is the time required in the manufacturing of a product. The manufacturing process includes the inspection, process time, move time, queue time.
The non value added time is not included in the throughput time. The non value added time is the time which is not used in the production .
Answer:
Value added
Explanation:
Value-added - it is the total difference that comes out between the product value in the market and the cost of producing that product. cost of a product is based on the survey which gives the idea that how much cost may be assigned to the product.
The value of this difference help to determine the profit on products.
Higher the value of add, higher will be the charges of product and higher will be the revenue collected.
Answer:
Management
Explanation:
Better cash management ensures survival of any firm if well handled and managed.
A Cash Management Strategy includes the use of Banks, Saving & Loan Associations, Credit Unions, and other financial institutions provide a variety of financial services or the use of Account services provide customers with online banking offering deposits, investments, credit cards, loans, mortgages, rewards programs and others.
Effective Cash Management Rules involves: balancing your checkbook regularly and Pay your bills on time
And others.