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PSYCHO15rus [73]
3 years ago
15

When a process is in control, it results in there being, on average, 16 defects per unit of output. c-chart limits of 8 and 24 w

ould lead to a
Business
1 answer:
rosijanka [135]3 years ago
3 0

Answer:

4.56%

Explanation:

From the given information:

In a c-chart limit

UCL = \bar c+ z \times \sqrt{\bar c }

where;

\bar c = 16

UCL = 24

Then:

24 = 16 + z \times \sqrt{24}

24 -1 6 = z \times \sqrt{24}

8 = z \times 4.89

z = \dfrac{8}{4.89}

z \simeq 2.0

At z = 2.0, the value represents the probability of 95.44% of not making a Type 1 error.

This implies that the probability of making a Type 1 error = 1 - 95.44%

= 4.56%

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Damon Corporation issued $400,000 of 6% bonds on May 1, 2020 using straight-line interest. The bonds were dated January 1, 2020,
Marat540 [252]

Answer:

May 1

Dr Cash408,000

Cr Bonds Payable 400,000

Cr Interest Expense 8,000

July 1

Dr Interest Expense 12,000

Cr Cash 12,000

Dec 31

Dr Interest Expense 12,000

Cr Interest Payable12,000

Explanation:

May 1,

Dr Cash408,000

Cr Bonds Payable 400,000

Cr Interest Expense 8,000(Accrued Interest = 400,000 x 6% x 4/12)

July 1

Dr Interest Expense 12,000

Cr Cash 12,000(Bond interest expense = 400,000 x 6% x 6/12)

Dec 31

Dr Interest Expense 12,000

Cr Interest Payable12,000

3 0
3 years ago
Under the allowance method, when a specific account is written off
WITCHER [35]

When engaging to the allowance method, when there is a presence of having to written off a specific amount in the allowance method, what would likely happen is that there will be no change in terms of the total assets so the likely answer is letter a. 

5 0
3 years ago
Tripod Inc. began the month with accounts receivable of $25,000. During the month, it collected $12,000 from customers and sold
Yakvenalex [24]

Answer:

Accounts receivable balance at the end of the month is $18,000

Explanation:

Accounts receivable balance at the end of the month = Accounts receivable balance at the beginning of the month + Accounts receivable increased during the month - Accounts receivable decreased during the month.

During the month, Tripod Inc. collected $12,000 from customers. Accounts receivable decreased during the month of $12,000

It sold $5,000 of merchandise on credit. Accounts receivable increased during the month of $5,000

Accounts receivable balance at the end of the month = $25,000 + $5,000 - $12,000 = $18,000

6 0
4 years ago
Northwest Molded molds plastic handles which cost $0.80 per handle to mold. The fixed cost to run the molding machine is $2105 p
Volgvan

Answer:

2105 units per week

Explanation:

At the break-even point, Northwest will not make any profits or losses. Using the variable cost analysis, At the break-even point, Sales match variable costs plus fixed costs.

The break-even point is calculated as fixed costs/ contribution margin per unit.

Contribution margin per unit = sales - variable costs

=$1.80 -$0.80= $1.0

Contribution margin = $1.0Break even = $2105 /$1.

=2105 units

3 0
3 years ago
The December 31, 2020 inventory of Carla Vista Company consisted of four products, for which certain information is provided bel
VARVARA [1.3K]

Answer:

Product Lower of cost or market value

A                 $28

B                 $42

C                 $119

D                  $18

Explanation:

Particulars  a                    b                            c               d        e                   f = d - c

Product        Cost Replacement cost Estimated disposal cost Estimated selling price Normal profit in sales Ceiling

A             $30                $28                          $8              $44     25% $36

B             $44                 $42                          $10               $54      20% $44

C             $124                 $119                           $29         $210      30% $181

D               $18                 $15.4                     $6          $30       20% $24

Product          g = f - d × e h = middle value of b , f ,g   i           j = lower of I and h

Product  Floor Designated market value Cost Lower of cost or market value

A            $25            $28                            $30  $28

B           $33.2            $42                             $44   $42

C            $118             $119                              $124   $119

D           $18                     $18                               $18       $18

As we know that the inventory should be recognized at lower value of cost or market value and the same is considered

6 0
3 years ago
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