Answer:
$7,247.05
Explanation:
The computation of the inventory level is shown below:
But before that first we have to find out the fixed cost per unit which is
= Total fixed manufacturing overhead ÷ production units
= $59,160 ÷ 11,600 units
= $5.1 per unit
Now the inventory level is by taking the difference of net operating income between two methods
= ($127,960 - $91,000) ÷ ($5.1 per unit)
= $7,247.05
Therefore, the inventory is increased by $7,247.05
Answer:
1) 2,475
down payment+security deposit+acquisition fee= total cost
sorry if I miss something
Answer:
These are the options for the question:
a. lowering GDP
b. raising GDP
c. leaving GDP unchanged
And this is the correct answer:
b. raising GDP
Explanation:
Going out to eat at a fast food restaurant such as McDonald's is usually (not always) more expensive that buying groceries, and preparing meals at home. This means that eating out increases spending, raising GDP.
Eating out also increases spending on gasoline, tips to waiting staff, and even on merchandise, because it is frequent that parents buy toys to kids while eating out. All this actions contribute even more to increasing GDP.
Answer:
Total quality management (TQM) is an ongoing process for manufacturing errors to be detected and minimized or eliminated, the management of the supply chain is simplified, customer experience improved and training for employees is up to date.
Explanation:
The overall quality management aims to ensure the overall quality of the final product or service is accountable to all the parties involved in the production process.
Comprehensive quality management is a continuous detection and eradication process. Total quality management (TQM).
It is used for streamlining supply chain management, improving customer service, and providing training for employees.
The goal is to improve the quality of the products and services of an organization by continuously improving internal practices.
Total quality management is intended to make all involved parties responsible for the overall quality of the final product or service in the manufacturing process.
TQM approach requires small companies to understand (and are) their existing customers, to recognize and keep these expectations at the forefront of their strategy and processes. TQM approach This principle should also apply to internal customers who treat employees like customers and meet their demands.
Answer:
$12,000 for 2013 and $300,000 for 2018
Explanation:
Jamison Enterprises acquired a franchise to operate a Good Burger Joint in January, 2013. The cost of the franchise was $360,000 and was estimated to have a limited life of 30 years.
Hence the yearly franchise cost at this point is 360,00 / 30 years = $12,000
Early in the year 2018, the franchise was forced out of business due to lawsuits.
At this point the company had only operated for 5 years and have incurred franchise cost to date of 5 years x $12,000 = $60,000
Jamison should record $300,000 ($360,000 - $60,000 to date) balance of the franchise cost in its expenses to their income statement for the years 2018
