Answer: The correct answer is "(A) Debit Accounts Receivable and credit Cash for $560".
Explanation: The non-existent 560 must be adjusted in the cash account, and the 560 receivable must be added to the third party that issued the check in the "accounts receivable" account.
The entry would be:
--------------------------------- . ------------------------------------------
Accounts Receivable 560
Cash 560
--------------------------------- . --------------------------------------------
Answer:
The correct answer is 31 customers per day.
Explanation:
Consider the current capacity requirement as = x
Management wants to have a capacity cushion = 8%.
So the utilization is required = 100% - 8% = 92%
A process of currently services an average of 43 customers per day and utilization is 90%.
Expected Demand=70%= 70 ÷ 100 = 0.70
Current utilization = 90% = 0.90
Let Capacity requirement = X
Capacity requirement ÷ required utilization = Expected Demand rate × current service rate ÷ current utilization rate
X ÷ 0.92 = 0.70 × 43 ÷ 0.90
X = 0.70 × 43 ÷ 0.90 × 0.92
= 30.76 or 31
Needed capacity requirement is 31 customer per day.
Answer:
Cycle time is the shortest period taken to generate a portion of it. It is a time of repeatability. Going to measure order cycle assists in testing operating performance and solecism.
It recognises places in which it needs improvement and adjustment. When evaluating the processing time of 3 distinct headquarters, this will help in understanding the periods and identify areas where every office does not have a job, suggesting reactions to stay at correct margins of operations.
Measuring operating cycle would include using such a kanban system to note down processes right from taking information from a consumer to the time required for the completed goods to be successful to the consumer. To calculate the period the loop is efficient. What will also be addressed is not whether nonworking times even including holidays will be factored.
The three offices' cycle period should enable the leader evaluate their success all around. Calculated and measured cycle period, the chief may recommend corrective steps and map out a strategy to take benefit of an office 's smaller cycles time relative to another, optimising income and-costs.
What can happen if you miss a monthly credit card payment is that you will be charged a late fee, and you can also lose rewards points.
Hope this helps!
