Answer:
a. To find bottleneck resource, we need to determine the utilization of each resource
Processing capacity of Administrator = Available time per week / Processing time = 40*60/20 = 120 cases per week
There are 50 cases per week. So utilization of Administrator = 50/120 = 41.7%
Processing capacity of Senior accountant = 40*60/40 = 60 cases per week.
New cases are 20% of 50 cases per week Therefore utilization of Senior accountant = 20%*50/60 = 16.7%
Processing capacity of Junior accountant = 40*60/15 = 160 cases per week.
Repeat cases are 80% of 50 cases per week Therefore utilization of Junior accountant = 80%*50/160 = 25%
Utilization of Administrator is maximum. Therefore it is the bottleneck resource for 20:80 mix of New and Repeat cases.
b. Flow rate of New cases per week = 50*20% = 10 cases per week
c. Flow rate of Repeat cases per week = 50*80% = 40 cases per week
d. In (a) we have seen that for 20:80 mix between new and repeat cases, Administrator is the bottleneck resource with a capacity of 120 cases per week. Therefore capacity for new cases = 120*20% = 24 per week
e. Capacity for Repeat customers = 120*80% = 96 per week
Answer:
write-off:
allowance for doubtful accounts 1,100 debit
accounts receivable 1,100 credit
--to record write-off J.Doe Account--
bad debt expense 2,040 debit
allowance for doubtful accounts 2,040 credit
--to adjust for bad debt expense--
Explanation:
The write-off will decrease both, the allowance and accounts receivable. No expense is recognize when performing write-off.
<u>Bad debt expense for the year:</u>
credit sales x expected bad debt
68,000 x 3% = 2,040
As is determined from sales, we adjust for the whole amount.
An economic cost of instability would be increase in unemployment - a.
Having a very volatile (instable) market can create problems which make it more unsure how people would be able to keep a job for a longer time-frame. When a market is volatile, this essentially means that a lot of changes can happen very fast - making it unstable for people and their jobs.
Answer:
correct option is D) The vertical axis crossing point cannot be calculated since the cash inflows are in perpetuity
Explanation:
given data
hair salon spends = $1,000,000
increase cash flow = $220,000 per year
to find out
what dollar value should the NPV profile cross the vertical axis
solution
we know that discount rate is = 0 %
as sum of cash flow is infinite
because cash flow = $220000
cash flow is here perpetual
so we can say that correct option is D) The vertical axis crossing point cannot be calculated since the cash inflows are in perpetuity
Answer:
B) The country club style
Explanation:
Based on the scenario being described within the question it can be said that the leadership style being used is known as the country club style. This style focuses on showing most concern for employees and less concern for production processes, with the main idea that if individuals are happy with their job position then they will work harder which will in term, increase production.
