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eimsori [14]
2 years ago
14

Developing and evaluating solutions to reduce the gap between desired process performance and current performance is the final s

tep in the six sigma DMAIC approach for process improvement. True False

Business
1 answer:
leva [86]2 years ago
7 0

Answer: False

Explanation:

The six sigma DMAIC approach for process improvement is a way of improving performance in such a way that it makes the company more profitable as well as improving customer relations and satisfaction.

The DMAIC is an acronym that stands for the the steps in the process as seen in the graph attached.

The above statement about Developing and Evaluating Solutions to make a company perform better is not the final step in the process as it falls under the fourth step, which is to Improve.

The final step is Control. Here the main focus is on preserving what has been achieved. It works by monitoring the situation and ensuring that the process improves if a loophole is spotted.

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Harrelson Company manufactures pizza sauce through two production departments: Cooking and Canning. In each process, materials a
Marina CMI [18]

Answer:

Both the department entries are posted.

Explanation:

Harrelson Company

General Journal

Date             Account Titles and Explanation      Debit          Credit

April 30          Work In Process    Cooking           22,800        

                           Work In Process Canning           10,900

                            Direct Materials Inventory                            33700

(To record materials used)

30                      Work In Process  Cooking         9,430  

                            Work In Process Canning         7,230

                               Direct Labor                                             16,660

(To assign factory labor to production)

30                         Work In Process     Cooking     33,800

                               Work In Process Canning      28,100

                                  Manufacturing Overhead                     61900

(To assign overhead to production)

30                           Work In Process Canning         55,900

                                       Work In Process  Cooking                  55,900

(To record costs transferred in)  Assuming Canning is the second department and cooking is the first. So costs are transferred from the first to the second department.

8 0
2 years ago
Elk Creek Company’s most popular product requires specialized labor. The employees are highly productive, but also highly paid.
dmitriy555 [2]

Answer:

The direct labor quantity variance for November=$9,000

Explanation:

To calculate the direct labor quantity variance, multiply the standard rate by the difference between the total standard hours of direct labor and the total actual hours of direct labor.

This can be expressed as;

Direct labor quantity variance=(Total standard hours-Total actual hours)×standard rate

where;

Total standard hours=rate×actual number of units produced

Total standard hours=(2×3,600)=7,200 hours

Total actual hours=7,000 hours

Standard rate=$45

replacing;

Direct labor quantity variance=(Total standard hours-Total actual hours)×standard rate

Direct labor quantity variance=(7,200-7,000)×45

Direct labor quantity variance=(200×45)=9,000

Direct labor quantity variance=$9,000

3 0
2 years ago
Holly uses a perpetual inventory system. Holly sells $3,500 of blue jeans. The customer later brings $420 of blue jeans back to
oksian1 [2.3K]

Answer:

D. Debit Sales Revenue for $140 and credit Cash for $140.

Explanation:

The journal entry to record the sale:

Dr Cash 3,500

    Cr Sales revenue 3,500

Dr Cost of goods sold XY

    Cr Merchandise inventory XY

The journal entry to record the allowance for the defective merchandise:

Dr Sales revenue (or sales returns and allowances) 140

    Cr Cash 140

Sales returns and allowances account is a contra revenue account that decreases sales revenue. In this case, the company uses only sales revenue account which is reduced by debiting it.

8 0
2 years ago
A customer purchased bench from Harrington Stores for $1,250. The bench had originally cost Harrington $450. When the bench was
vovangra [49]

Answer:

Journal entry recorded by Harrington for this allowance:

Revenue $ 450 (debit)

Account Receivable / Cash $450 (credit)

Explanation:

Recording the Sale

When customer purchased bench from Harrington Stores for $1,250 the journal entry is shown as:

Account Receivable/Cash $1250(debit)

Revenue $ 1250 (credit)

This Journal recognises an Income - Revenue and an Asset - Account Receivable when to depict the flow of economic benefits into the entity

Cost of Sale $450 (debit)

Inventory $450(debit)

The above journal records the cost of sale and de-recognises the assets of inventory Bench after the sale is made.

Recording the Allowance

When the allowance is granted economic benefits are flowing out of the entity as a result of <em>decrease</em> in Assets of Cash or Assets of Account Receivable.

We also <em>derecognise </em>the revenue attached to the allowance

Revenue $ 450 (debit)

Account Receivable/Cash $450 (credit)

8 0
2 years ago
Carla is upset about a recent action taken by a top manager at her company that was against the interest of the employees in the
jolli1 [7]

Answer:

A. Cross- Functional Group

Explanation:

A Cross Functional team/group or simply referred to as CFT represents a team that comprise of persons drawn from different areas, departments and functions within an organisation. For instance members of a CFT can be from sales, human resource, marketing and accounting among others.

Members of a CFT are usually personnels from the lower cadres in an organisation and their coming together can be good for making decisions, deliberating on issues bothering the company and they can even be put together by top management as a working group to achieve certain goals.

A unique advantage for Carla to set up a Cross-functional group is inherent in the fact that employees of the lower levels of management that are affected by the action would cut across several units and departments and brining personnel together from this various departments will help to develop solutions to the problem at hand.

6 0
2 years ago
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