Answer:
planning
Explanation:
Based on the information provided within the question it can be said that in this scenario Jim is using the function of planning in order to determine this. The planning management function focuses on thinking ahead in order to set things into motion so that everything functions accordingly and efficiently in the future. Which is what Jim is doing by stating that in order to increase the production by 20% like they need, they have to hire 10 new employees.
Do not record transactions that do not affect inventory quality. A recorded inventory transaction has actually taken place.
Records of inventory purchases made during the accounting period. The purchase account is increased by direct debit. The manufacturing costs of the goods sold are overestimated by the same amount. An overstatement of cost of goods sold will result in an understatement of net income and retained earnings by the original margin of error.
If the auditor is dissatisfied with the accuracy of the closing balance sheet and may be materially increase.
Inventory write-downs affect both the income statement and the balance sheet. Write-offs are treated as expenses. This means your net income and tax liability will be reduced. Therefore, a decrease in net income will reduce a company's retained earnings and reduce shareholders' equity on the balance sheet.
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Answer:
$170.24
Explanation:
The prime cost are the direct manufactured product's costs
raw materials + direct labors
Direct materials 550,000
Direct labor 880,000
total prime cost 1,430,000
Units manufactured 8,400
Prime Cost per unit = cost / units
1,430,000 / 8,400 = 170.238095238 = 170.24
Answer:
The correct answer is letter "B": A listing of components, their descriptions, and the quantities of each required to make one unit of a product.
Explanation:
A Bill of Material (BOM) in Materials Requirement Planning (MRP) relates the final product with the raw materials, assemblies, parts, and components necessary to manufacture a unit of that good. The BOM is a document that itemizes all the resources necessary to produce a good including at the top the product itself and a listing in hierarchical orders from components to individual materials.
Creating an accurate BOM helps to have all the material necessary for production available.
Letter C is correct. Retention processes.
The failure in the social learning process is in the retention process. This process occurs when the behavior is not remembered after observation. This is what happens when George's son does not repeat proper behavior with the cat when not being observed, because he does not remember. To avoid this failure it is necessary to reproduce the learning process until a memory is formed to identify the expected behavior.
