Answer:
During these nights, they are in the zone of non-service.
Explanation:
a) Data From Friday and Saturday nights:
Number of customers arriving per hour for service = 140
Estimated capacity for serving average number of customers = 120/h
b) Determination of service zones:
1) The "Zone of Service" occurs when service is below 70% of capacity, there is little or no wait time for customers, and customers will be happy.
2. The "Critical Zone" is when service is between 70-100% capacity. All their customers will be attended to without hassles, and customers will be satisfied.
3. The "Zone of Non-Service" occurs when the capacity of service is beyond 100%. Many customers will wait, some may not be attended to, and many others will not be happy nor satisfied.
A purchase agreement is a legally binding contract that states the terms and conditions of purchasing a good/making a sale. This agreement is legally binding for both the purchaser and the seller. The agreement is contingent on being paid back at the date agreed and receiving the items that were intended to be paid for.
The ratio that is mostly used to determine whether or not a loans officer at the bank would loan a business money is known as the debt-to-equity ratio.
<h3>What is the
debt-to-equity ratio?</h3>
This refers to the ratio that allows to measure of the relative contribution of the creditors and shareholders or owners in the capital employed in business.
The debt-to-equity ratio provides an insight into a company's use of debt. When the company have a high D/E ratio, it is considered a higher risk to lenders and investors because it suggests that the company is financing a significant amount of its potential growth through borrowing.
Therefore, the ratio that is mostly used to determine whether or not a loans officer at the bank would loan a business money is known as the debt-to-equity ratio.
Read more about debt-to-equity ratio
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Answer:
a) under FIFO
COGS = $461
ending inventory = $120
b) under LIFO
COGS = $491
ending inventory = $90
Explanation:
inventory:
March 3 Inventory 12 units at $15
March 11 Purchase 13 units at $17
March 14 Sale 18 units
March 21 Purchase 9 units at $20
March 25 Sale 10 units
under FIFO COGS:
March 14
Dr Cost of goods sold 282
Cr Merchandise inventory 282
March 25
Dr Cost of goods sold 179
Cr Merchandise inventory 179
under LIFO COGS:
March 14
Dr Cost of goods sold 296
Cr Merchandise inventory 296
March 25
Dr Cost of goods sold 195
Cr Merchandise inventory 195
Just think here itll come to you eventually
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