Answer:
<em><u>Segregation</u></em><em><u> </u></em><em><u>of </u></em><em><u>duties</u></em><em><u> </u></em>
Explanation:
<em>Segregation of duties</em><em> </em><em>-</em><em> </em><em>implementing</em><em> </em> control <em>procedure to </em><em>clear</em><em>l</em><em>y </em><em>divide</em><em> </em><em>authority </em><em>and </em><em>responsibility</em><em> </em><em>within</em><em> </em><em>the </em><em>information</em><em> </em><em>system </em><em>function</em><em>.</em><em> </em>
Answer:
Gross margin $22,346
Explanation:
The computation of the gross margin is shown below:
Sales $66,300
less:
Direct material $15,900
Direct labor $14,430
Overhead $13,624 ($16,244 ÷ 310× 260)
Gross margin $22,346
Hence, the gross margin is $22,346
Answer:
inbound logistics.
Explanation:
Supply chain management can be defined as the effective and efficient management of the flow of goods and services as well as all of the production processes involved in the transformation of raw materials into finished products that meet the insatiable want and need of the consumers. Generally, the supply chain management involves all the activities associated with planning, execution and supply of finished goods and services to the consumers.
The fundamental principle of supply chain management is the complete collaboration between multiple firms. These multiple firms include a company that is saddled with the responsibility of manufacturing producer), a wholesaler, and a retailer who typically sells the products to the customers or consumers.
Basically, these three (3) firms or individuals are required to collaborate with each other so as to meet the needs of the customers in a timely manner or fashion and at a fair price too.
In this scenario, Dave creates and sells DVDs of his magic tricks.
Lately, Dave has been having some trouble getting his DVDs produced in a timely manner. Thus, of the five (5) primary activities in the value chain, this problem of not producing goods (DVDs) as at when needed by the viewers (end users) is most likely to occur in inbound logistics.
An inbound logistics can be defined as a supply process which relates with receiving, storing or warehousing of raw materials and the distribution of inventory internally.
Answer:
B. What is the most effective allocation?
Explanation:
Economics is the social study of how society allocates its limited resources to meet the unlimited need of its members. It involves the distribution of scarce resources to various sections of the community to meet different wants. Economist's primary concern is the efficient use of the available resources to achieve maximum benefits.
Economics will involve making decisions on the use of available resources. Economists will calculate the opportunity cost in every situation before making a decision. The purpose of finding the opportunity costs to determine the most effective ways of allocating resources.
Answer:a debit to Cost of Goods Sold and a credit to Merchandise Inventory for $217
( The answer Is not in the options given)
Explanation:
The Perpetual inventory is a method of accounting for inventory which immediately records when an inventory is sold or purchased using the available point-of-sale software systems of the particular business.
In that regard , the entry to record cost of merchandise sold
Account titles Debit Credit
Cost of goods (Merchandise sold) $217
Merchandise Inventory $217
