Answer:
e. $8,360.
Explanation:
The started and completed units cost $42,250
Completed and transferred out $ 50,610
The cost of completing the units in the beginning Work in Process inventory
= Completed and transferred out $ 50,610 minus The started and completed units cost $42,250 =
=$ 50,610-$42,250 = $8,360.
The completed units would not require any work in process and the started units only require work in process which is equal to $8,360.
Answer:
d. long-term relationships and commitments.
Explanation:
- A lean system is a systematic approach that is used to identity and to eliminates of the wastes and the non-values added activity though the employee developments and continue improvements in all the structures and services.
- They precisely specify the values of the products and identity the long terms values and relationships and have commitments.
Answer:
If Silver uses the accrual method, $195,000 in 2018 and $0 in 2019.
Explanation:
Given that,
Salaries paid during the year 2018 = $175,000
Salaries earned by the employees at the end of the year = $20,000
If the Silver, Inc. uses the accrual method,
Deduction for salary expense in 2018:
= Salaries paid during the year 2018 + Salaries earned by the employees at the end of the year
= $175,000 + $20,000
= $195,000
Deduction for salary expense in 2019 = $0
Answer:
C. Suggest to the group that a clear chart of roles and responsibility be created.
Explanation:
The chart of roles and responsibilities should clearly be defined so that no ambiguity is created in future.
Answer:
Examine the reliability of the process.
Explanation:
As a high end clothing company, it is a very good initiative and welcoming to have clothes that possibly posses global version and global value so it is good for such routine checks to be done. This could be tedious and cost the company more than usual.
In this case where there are a reasonable amount of such clothes failing these routine checks, it is not too good for the company as more re-evaluations are to be done in order to cub the rate at which this is in the last six months. This process of examining the reliability process is the company's best bet to tackle the issue they have at hand.