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Kryger [21]
2 years ago
11

Zara collects massive amounts of data on its SKUs, orders, sales patterns, store inventories, and other variables. This informat

ion is stored in a(n)
Business
1 answer:
Svetach [21]2 years ago
8 0

Answer: D. data warehouse.

Explanation:

A Data warehouse is to data what money is to banks. Here, the data that a company has gathered from its many sources will be stored for easier access.

This data can then be analysed and reported sometimes with relation to one another in such a way that detailed reports are created and better decisions made.

Zara is most likely using a data warehouse to store the massive amounts of data collected from all the listed sources.

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Suppose a country without any international trade opens its borders to international trade. after specialization how will its lo
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Carry the hourly rate and the overtime rate to 3 decimal places and then round off to 2 decimal places (round the hourly rate to
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Answer:

OASDI maximum amount in any financial do change but for the year 2020, the OASDI limit is $137,700

if Carson is getting $2,700 each week

Carson will hit the OASDI limit in   ($137,700/$2,700) weeks = 51 weeks.

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You invest $500 in a fund that has shown to have a mean annual increase of $120 per year. If you leave your initial
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3 years ago
In January, Tongo, Inc., a branding consultant, had the following transactions.
olchik [2.2K]

Answer:

first I will journalize the transactions:

a. Received $13,200 cash for consulting services rendered in January.

Dr Cash 13,200

   Cr Service revenue 13,200

b. Issued common stock to investors for $8,000 cash.

Dr Cash 8,000

   Cr Common stock 8,000

c. Purchased $11,200 of equipment, paying 25 percent in cash and owing the rest on a note due in 2 years.

Dr Equipment 11,200

   Cr Cash 2,800

    Cr Notes payable 8,400

d. Received $11,800 cash for consulting services to be performed in February.

Dr Cash 11,800

    Cr Unearned revenue 11,800

e. Bought $1,750 of supplies on account.

Dr Supplies 1,750

   Cr Accounts payable 1,750

f. Received utility bill for January for $2,060, due February 15.

Dr Utilities expense 2,060

    Cr Accounts payable 2,060

g. Consulted for customers in January for fees totaling $19,900, due in February.

Dr Accounts receivable 19,900

    Cr Service revenue 19,900

h. Received $13,300 cash for consulting services rendered in December.

Dr Cash 13,300

    Cr Accounts receivable 13,300

i. Paid $875 toward supplies purchased in (e).

Dr Accounts payable 875

   Cr Cash 875

Tongo, Inc.

Unadjusted trial balance sheet

For the month ended January 31, 202x

                                                              Debit             Credit

Cash                                                   $56,825                      

Accounts Receivable                        $23,800

Supplies                                                $3,010

Equipment                                          $16,000

Accounts Payable                                                       $9,035

Unearned Revenue                                                   $15,050

Note Payable                                                              $8,400

Common Stock                                                          $18,000

Retained Earnings                                                       $18,110

Service Revenue                                                       $33,100

Utilities Expense                                 <u>$2,060 </u>         <u>              </u>

Totals                                                  $101,695        $101,695

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Answer:

Explanation:

Manufacturing overhead records all the expenses like salaries payable which come under indirect labor. Manufacturing overhead includes all those indirect costs which are related to the factory-like - factory rent, factory repairs, depreciation on factory equipment, property taxes

For recognized expense, the journal entry would be

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        To Expenses A/c  

(Being expense recognized)

Since the cost is actually incurred so this above entry should be made

And, the journal entry for applied overhead is shown below

Work in progress inventory A/c Dr XXXXX

      To Factory overhead A/c XXXXX

(Being overhead applied is recorded)

Since applied overhead is based on predetermined overhead rate so we credit the factory overhead and debit the work in progress inventory

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3 years ago
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