Should all bank trasactions be recorded

"A company currently using an inspection process in its material receiving department is trying to install an overall cost reduc

Bogdan [553]

Answer:

$23.32

Explanation:

We have the given information as below:

Defective content average = 0.04

Number of units inspected per hour = 53

Hourly rate = $10

Cost involved in final product testing = $11

Now to determine if the inspector position is eliminated, we will need to calculate the number of defective products:

defective products = Defective content average × Number of units inspected per hour

defective products = 0.04 × 53 = 2.12

the hourly cost of defects = defective products × Cost involved in final product testing

The hourly cost of defects = 2.12 × $11 = $23.32

4 0

2 years ago

Independent of your answer to requirement (1), assume the company plans to produce 620,000 units of finished product in the thre

exis [7]

Answer:

Purchases= 1,595,000 pounds

Explanation:

<u>Giving the following information: </u>

Production= 620,000 units

Beginning raw materials inventory= 730,000 pounds

Desired ending inventory= 25% of the three months requirement.

Each unit requires 3 pounds of raw material.

<u>To calculate the purchases required, we need to use the following formula:</u>

Purchases= production + desired ending inventory - beginning inventory

Purchases= (620,000*3) + (620,000*3)*0.25 - 730,000

Purchases= 1,595,000 pounds

6 0

1 year ago

How does a company's use of social media reflect audience-centered communication?

MA_775_DIABLO [31]

Answer:

There is an explanation of why the social media is so important today in the terms of communication regarding the marketing strategy in the companies below.

Explanation:

To begin with, nowadays the with the use of internet and more importantly the social media the companies have to adapt their strategy of communication according to the marketing theory in order to reach to the target audience who are the ones that will provide them with all of their primary profits when they sell. So that is why that social media has become one of the base aspects in which the company has to develop itself and try to to get better at it so that they could approach the consumers with that media of communication that is truly quite effective with the young consumers in the present time. Therefore that the social media reflects the most of the proper communication with the younger consumers nowadays, because it is a fundamental use of every day life for them.

4 0

3 years ago

What impact would the fed's raising the interest rate have on any inflationary pressure in the economy?

Licemer1 [7]

People will eventually start cutting back on their spending since increased interest rates result in greater borrowing costs. Then, when the demand for goods and services declines, so does inflation.

Interest and other expenses incurred by an entity in conjunction with borrowing money are referred to as borrowing costs. An asset that requires a significant amount of time to prepare for use or sale qualifies as a qualifying asset.

A qualifying asset's cost includes borrowing expenses that are directly related to its purchase, construction, or production. The expense of other borrowing costs is recognized.

The fundamental tenet of IAS 23 Borrowing Costs is that if borrowing costs can be directly linked to the purchase, development, or production of a qualifying asset, they should be capitalized. Additional borrowing expenses are deducted from profit or loss.

Learn more about borrowing costs here

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8 0

11 months ago

Which statement is false?

ch4aika [34]

Answer:

I am pretty sure it is D. Hope this helps.

Explanation:

8 0

2 years ago