Answer:
Safety stock inventory
Explanation:
There are three process to make the product ready to sale which are shown below:
1. Raw material inventory
2. Work in progress inventory
3. Finished goods inventory
By these processes, the product is ready for sale. It passes by these three process cycles which is also a type of inventory. It also involves maintenance/repair/operating supply inventory
Answer:
The sentence uses an active voice
In this case active voice is not appropriate
Explanation:
Mode of expression can be passive or active.
Passive voice is one that emphasises the subject or person that is receiving an action.
An active voice describes a person that is performing an action.
In this scenario Jake accidentally input $560 instead of $650 on one of the invoices. The writer hasn't contacted you about the error yet.
So the email sent should just focus on what has happened to the writer and also to proffer a solution to the problem.
Since the writer did not complain or request for information on who made the mistake, stating that it was Jake that made the error is inappropriate.
A better statement would have been - An error was made on your invoice where the figure was inputted as $560 instead of $650. This however has been rectified and the invoice forwarded to you.
Answer:
$6,000
Explanation:
First, Carey's allowable deductions repersents 'real estate loss allowance. The real estate loss allowance is an allowance or tax reduction made available to taxpayers who are also owners of rental properties in the U.S.
The specific allowance states that if the adjusted gross income of the owner of the rental property is $100,000 or less, then the taxpayer is allowed a deduction of $25,000. However, this begins to reduce as the adjusted gross income approaches $150,000 and the allowance is completely eliminated when the income exceeds $150,000
Based on this explanation, Carey's Adjusted Gross Income= $138,000, higher than $100,000 but less than $150,000
The calculation= 50% ($150,000- maximum allowable adjusted gross income- $138,000 - Carey's reported adjusted gross income)
=0.50 ($12,000)
= $6,000
Answer:
Direct labor
Explanation:
The role of direct labor is to convert direct material into the finished products. Without the help of direct labor, it is impossible to convert the direct material into the finished goods.
Here, the direct material means the labor which works on manufacturing a product which is directly related to the production level. The allocation of direct labor is done based on the number of hours worked or product.
Hence, The efforts of employees who work directly to convert direct materials into the finished product are referred to as direct labor
Answer:
The correct answer is C
Explanation:
Bank asset is the assets which represent the ownership of the value capable of being converted into cash. So, the reserve which the banks hold or refrain from using will be classified as the asset for the bank. And the deposit made by the customer will be classified as the current liability as the bank allows the customers to use their deposits whenever they want to use.
Therefore, the reserve is a part of bank asset whereas the deposits will not be a part of bank asset.
