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3 years ago

15

The strategy that schedules processes based on their group affiliation is generally referred to as _________ . Select one: a. si

mulation modeling b. queuing analysis c. shortest process next d. fair share scheduling

1 answer:

lesya692 [45]3 years ago

4 0

Answer:

D. Fair share scheduling.

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A company had the following purchases and sales during its first year of operations: Purchases Sales January: 10 units at $120 6

Vesna [10]

Answer:

$3540.

Explanation:

FIFO means first in, first out. It means that it is the first purchased inventory that is the first to be sold

Ending inventory comprises of goods bought in May, September and November

cost of the ending inventory :

(4 x $130) + (12 x $135) + (10 x$140) = $3540

6 0

3 years ago

Forester Company has five products in its inventory. Information about the December 31, 2021, inventory follows. Product Quantit

sleet_krkn [62]

Answer:

Forester Company

1. The carrying value of inventory at December 31, 2021, assuming the LCM rule is applied to individual products, is:

= $47,800

2. The carrying value of inventory at December 31, 2021, assuming the LCM rule is applied to the entire inventory, is:

= $49,800

3. Assuming inventory write-downs are common for Forester, the necessary year-end adjusting entry based on requirement 2 is:

Debit Cost of goods sold (Inventory write-down) $5,200

Credit Inventory $5,200

To write down the inventory value from $55,000 (purchase costs) to $49,800 (replacement costs).

Explanation:

a) Data and Calculations:

Product Quantity Unit Cost Unit Replace- Unit Selling LCM Value

ment Cost Price

A 1,000 $ 14 $ 16 $ 20 $14,000 ($14*1,000)

B 800 19 15 22 12,000 ($12*800)

C 700 7 6 12 4,200 ($6*700)

D 600 11 8 10 4,800 ($8*600)

E 800 18 16 17 12,800 ($16*800)

Total 3,900 $47,800

Total costs = (1,000*$14 + 800*$19 + 700*$7 + 600*$11 + 800*$18)

= ($14,000 + 15,200 + 4,900 + 6,600 + 14,400)

= $55,000

Tota replacement costs = (1,000*$16 + 800*$15 + 700*$6 + 600*$8 + 800*$16)

= ($16,000 + 12,000 + 4,200 + 4,800 + 12,800)

= $49,800

Total market value = (1,000*$20 + 800*$22 + 700*$12 + 600*$10 + 800*$17)

= ($20,000 + 17,600 + 8,400 + 6,000 + 13,600)

= $65,600

Total cost = $55,000

Total replacement cost = $49,800

Inventory write-down = $5,200

6 0

3 years ago

A team's attempt to list, on individual sticky notes, all of the possible threats and opportunities that could occur to an upcom

lukranit [14]

Answer:

The correct answer is letter "A": plan risk responses.

Explanation:

Plan risk responses refer to the process in which a team is facing a problematic situation and to reduce threats reacts immediately identifying the opportunities available they have that could lead to a solution. To achieve that, risk management and register will be necessary.

6 0

4 years ago

Several items are omitted from the income statement and cost of goods manufactured statement data for two different companies fo

Andre45 [30]

1. The missing amounts should be determined in the following manner:

On Company A. Materials inventory December 1 Materials inventory December 31-+Materi also purchased -Cost of direct materials

Off Company Total manufacturing costs incurred in December -Direct labor Cost of direct materials used in production -Factory

2. On Company's statement of goods manufactured should be prepared as follows:

On Company Statement of Goods Manufactured For the Month of December 2016 Materials inventory December 1 Add: Purchases Total

3. On Company's income statement should be prepared as follows:

On Company Income Statement For the Month of December 2016 Sales 1,127,000 827.400 299,600 Less: Operating expenses 117,600.

Learn more about income statements at

brainly.com/question/24498019

#SPJ4

5 0

2 years ago

create specialized portraits. a new employee takes 8 hours to make the first portrait and 6 housr to make the second. how much m

trapecia [35]

Question Completion:

The manufacturing overhead charge per hour is $24.

Answer:

The manufacturing overhead that would be charged to 16 portraits using the cumulative average approach is:

$336.

Explanation:

a) Data and Calculations:

Time taken by new employee to make the first portrait = 8 hours

Time taken by employee to make the second portrait = 6 hours

Unit Hours Cumulative Hours Cumulative Average

1. 8.0 8.0 8.0

2. 6.0 14.0 7.0

Learning curve percentage = cumulative average/ hours for 1st unit = 7/8 hour * 100) = 0.875

This means that every unit produced, the time used reduces by 12.5% (1 - 0.875)

Therefore, the time to produce 16 units = 16 * 0.875 = 14 hours

Manufacturing overhead = 14 * $24 = $336

6 0

3 years ago