Well here's what I can tell you,
The day the contributed property was purchased.
The day the partnership interest was acquired.
Either one of these are true which also means they are both true.
Answer:
Dr. Cr.
Salaries Expense $8,000
Salaries payable $8,000
Explanation:
Four days of the week passed until December 31. So, the accrued expense will be as follow:
Payroll for 5 days = $10,000
Payroll for 1 days = $10,000 / 5 = $2,000
Payroll for 4 days = $2,000 x 4 = $8,000
Accrued Expense of $8,000 should be recorded and a liability will be made against this expense as payment has not been made.
Answer:
Answer:
1. MCE = 21.42%
2. Delivery Cycle Time 22 days
Explanation:
The Manufacturing Cycle Time is given by the formula:
Manufacturing cycle time = Inspection Time + Process Time + Move Time + Queue time
Here we have
Inspection time =1.5 days
Processing time =3.0 days
Move time =2.5 days
Queue time= 7.0 days
Wait time= 8.0 days
Manufacturing Cycle Time = 1.5+3.0+2.5+ 7.0= 14.0 days
MCE= Manufacturing Cycle Efficiency Time= Process Time/ Processing Time + Inspection Time + Move Time + Queue time
MCE = 3/ 14=0.2142= 21.42%
It means that MCE consists of 21.42 %actual processing and 79 % consists of non value added activities.
2. Delivery Cycle Time= Manufacturing Cycle Time + Wait time
Delivery Cycle Time= 14.0 days + 8.0 days= 22.0 days
The difference between wait time and queue time is that wait time is the time when the customer places an order until it is delivered.And queue time from the start of the production of the order.
She will have to work 6 hours.
Answer:
B
Explanation:
When we talk of a decreasing cost industry, we refer to an industry in which the expansion of the industry will lead to a decrease in the unit production cost.
So with respect to the question at hand , the correct answer is that the input prices will fall as industry expands
The case of a a technological improvement is expected to drive a decrease in the input prices for production in the expanding industry
