Answer:
The option d is correct.
Explanation:
The high low method shows the difference between the high and low cost of a particular thing. In the given question, the high cost is $3,600 and the low cost is $2,700 whereas the high machine hour is 18000 and low machine hour is 10,000.
Now, the formula for high low method is calculated. It is shown below:
High low method = (High cost - Low cost) ÷ (High machine hours - Low machine hours)
= ($3,600 - $2,700) ÷ (18000 - 10,000)
= 900 ÷ 8000
= 0.11
Thus, the option d is correct.
How do global factors influence the economy in America in the country, In the US the global economy it has mainly to impacted our manufacturing.
Answer:
Gomez Corp. Journal entry
1. 31-Jan
Dr Allowance for doubtful accounts $800
Cr Accounts receivable - C. Green $800
2. 9-Mar
Dr Accounts receivable - C. Green $300
Cr Allowance for doubtful accounts $300
3. 9-Mar
Dr Cash $300
Cr Accounts receivable - C. Green $300
Explanation:
1. On January 1 Gomez Corp was said to use the allowance method to account for uncollectibles which means we have to record the write off as uncollectibles by Debiting Allowance for doubtful accounts with $800 and Credit Accounts receivable - C. Green with the same amount.
2. On March 9, receives a payment of $300 from Green which means we have to record the accounts receivables reinstated by
Debiting Accounts receivable - C. Green with $300 and Crediting Allowance for doubtful accounts with same amount.
3. Since it receives a payment of $300 from Green on March 9 we have to record cash receipt by Debiting Cash with $300 and Crediting Accounts receivable - C. Green with $300.
Answer: a. evaluate available resource
Explanation:
Management set a production goal of 500 shippable parts per eight-hour shift. The scrap rate had been running at nine percent. The maximum speed of the machines was 60 parts per hour or one per minute. Which one of the goal-setting steps were missed?
a. evaluate available resource this is the key aspect of production without which production can not kick start or hamper its speed.
Answer:
C is the answer. The service provided at Toy Corner exceeds customer expectations.
Explanation:
When a store offers a broad assortment of goods tailored for different age groups, it will really attract more patronage.
But, when it ensures the home-delivery of goods that are not available at its store to customers who have placed orders, then it can be said to be exceeding the expectations of its customers.
This is moreso, when such home-delivered goods are sold to customers at discounted prices. This shows that the store not only cares for its customers, it surely does not want the customers to leave its store to buy goods from others. This ensures customer loyalty and continued patronage.
The approach is very competitive and customer-friendly.
