Answer:
A
Explanation:
Optimization using total value calculates the total value of each feasible option and then picks the option with the highest total value.
Optimization using marginal analysis calculates the change in total value when a person switches from one feasible option to another, and the uses these marginal comparisons to choose the option with the highest total value.
Both gives identical answers.
Optimization can be implemented using many different techniques.
One of it, is Total value total benefit - total cost (net benefit).
It translate all cost and benefits into common units, like dollar per month.
Calculate the total net benefit of each alternative.
Pick the alternative with the highest net benefit.
Answer:
Petty Cash is debited for $200; Cash is credited for $200
Explanation:
Based on the information given in a situation were they decided to create a petty cash fund in which it was estimated that the amount of $200 would be needed in the petty cash fund which means that the correct journal entry to create the account is to DEBIT Petty Cash with the amount of $200 and to CREDIT Cash with the amount of $200.
Petty Cash is debited for $200
Cash is credited for $200
Answer:
$2,400
Explanation:
Total production Cost:
= Direct materials and direct labor + Indirect materials and indirect labor + Insurance on manufacturing equipment
= $7,000 + $2,000 + $3000
= $12,000
Amount should be reported as inventory in the company’s year-end balance sheet:
= (Total production Cost ÷ Units manufactured) × (Units manufactured - Units sold)
= ($12,000 ÷ 1,000) × (1,000 - 800)
= $12 × 200
= $2,400
Answer:
These are the options for the question:
A.credibility of the source
B.information quality
C.whether the information is negative or positive
D.the cost of obtaining the information
E.how the information is to be used
And this is the correct answer:
C.whether the information is negative or positive
Explanation:
Because the information is being gathered with the goal of obtaining feedback from the customers about how the company could improve, making such changes depend on whether the information is negative or positive.
If for example, all the customers gave positive feedback, then the company would not need to change anything about its operation: it would be satisfying customer expectations.
Explanation:
The following transactions should be presented on a respective journals i.e
(1) Purchased merchandise on account = Purchase journal
As the purchase of merchandise is took place that is debited the merchandise inventory account and credited the account payable account
(2) Collected an account receivable = Cash journal as the cash is received
(3) Recorded depreciation expenses = General journal as it records the adjusting entries, or errors made in accounting, etc
