The entry to record the application of overhead to jobs consists of a: debit to Manufacturing Overhead Applied and a credit to Manufacturing Overhead. debit to Manufacturing Overhead and a credit to Manufacturing Overhead Applied. debit to Work in Process Inventory and a credit to Manufacturing Overhead Applied. debit to Manufacturing Overhead Applied and a credit to Work in Process Inventory.
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debit to Manufacturing Overhead Applied and a credit to Manufacturing Overhead.
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debit to Manufacturing Overhead and a credit to Manufacturing Overhead Applied.
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debit to Work in Process Inventory and a credit to Manufacturing Overhead Applied.
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debit to Manufacturing Overhead Applied and a credit to Work in Process Inventory.
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- ABC Solutions is a traditional company in a textile industry with a combined workforce of 150 staff. Due to increased levels of competition, this company is now increasingly finding it difficult to compete – especially as the larger companies seem to be a little more innovative, agile and responsive to client requirements. Management have noticed that staff, especially the highly skilled ones, are now leaving the company to seek work elsewhere (in these larger companies). This has meant appointing new staff and undertaking a considerable amount of re-training to replace those that have left the company. Apart from impacting on core business operations, ABC Solutions has started witnessing a drop in its profit margin. Given this position, senior management at ABC Solutions have decided to implement a performance measurement tool (PMT) that would allow them to align the strategic, management and operational requirements of the business. They are therefore considering the adoption of the…Payroll: Risks and Controls Below are some of the processes that are typically executed before, during, and after a payroll cycle: Employees record their hours worked. The supervisor reviews and approves each employee's time records with their signature. An officer from the Human Resources department updates employee files after receiving authorized records of overtime and leaves (vacations, illness, etc.) from the supervisor. Afterward, approved records are sent to the payroll officer in the accounting department. The payroll officer calculates the gross payment, applies deductions, and calculates the net payment. Subsequently, the final payroll is sent for the controller's approval. Payments are issued to employees using their preferred delivery method (check or direct deposit). Entries are generated for the corresponding payroll transactions. Withholdings for payroll taxes, Social Security, and Medicare are respectively remitted to the Department of Treasury and the Internal…Discuss the role of employee training in the successful implementation of a continuity plan.
- Consider a process consisting of five resources that are operated 8 hours per day. Theprocess works on three different products, A, B, and C: Demand for the three different products is as follows: product A, 40 units per day;product B, 50 units per day; and product C, 60 units per day.a. What is the bottleneck?b. What is the flow rate for each flow unit, assuming that demand must be served in the mixdescribed above (i.e., for every four units of A, there are five units of B and six units of C)?b) A company receives parts from suppliers to be used in its manufacturing departments. The quality control department must perform two operations when shipments are received: Operation A – draw a random sample, package, and deliver to testing; and Operation B – test the materials and issue a disposition report. There are currently six shipments waiting to be processed. The time estimates for processing these six shipments through quality control are given in the table below. Shipment Operation A (hours) Operation B (hours) A 1.5 1.0 В 1.1 2.7 1.2 1.4 D 0.7 1.6 E 1.6 1.5 F 1.9 2.9 Use Johnson's Rule to set the sequence of processing the shipments through Quality Control. i. ii. How much total time is required to process all the six shipments through Quality Control? Show all times on a Gantt Chart. w luFour employees at a fast-food restaurant each perform one of the four activities in serving a customer: greet customer, take order, process order, and deliver order. The processing time for each activity is given as follows: Greet customer Take order Process order Deliver order A) 50% Assume demand is unlimited. What is the average labor utilization? B) 68% C) 40% Activity D) 162% Processing time per customer 2 seconds 30 seconds 60 seconds 5 seconds
- What role does employee training play in the successful implementation of a continuity plan?The table below shows the time stamps of 10 customers who visited a local bank branch from 9:00 a.m. to 9:45 a.m. What is the flow time of customers? Customer 1 2 3 4 5 6 7 8 9 10 Time in 9:2 9:5 9:6 9:8 9:8 9:10 9:12 9:15 9:18 9:19 Time out 9:7 9:10 9:17 9:23 9:36 9:21 9:41 9:41 9:28 9:42 Instruction: Round your answer to 1 decimal place. Flow time of customers 3.5 minutesConsider a law firm with 15 lawyers and 3 paralegals. The firm is struggling to keep up with the high demand for its services, particularly during the busy litigation seasons. It has been observed that the lawyers spend a significant amount of their time on administrative tasks that could potentially be handled by paralegals. After a careful study of the work distribution within the firm, it was determined that 35% of the activities carried out by the lawyers are administrative in nature. Given that each lawyer works 50 hours a week, please determine: (a) How many additional paralegals should the firm hire to handle the administrative tasks currently performed by the lawyers? (b) If the lawyers' time spent on administrative tasks is redirected to billable legal work, by what percentage could the firm potentially increase its billable hours?
- Secretaries are failing in terms of filling, by doing proper and accurate filling in the work place. Discuss the cause of the failure.Assuming there is unlimited demand what would be the Utilization for the resource "Receptionists" based on below information: Upon arrival, customers first receive a series of paperwork from the receptionist and fill out relevant information such as personal health records and insurance provider. The form is then handed back to the receptionist who enters the information into the computer system for the dentist to see. A dental assistant then takes an X-ray from the patient. A dentist then performs the checkup and discusses any issues with the patient. Based on conversations with staff members at the clinic, you have obtained the following information on the process: It takes about 5 minutes for a customer to fill out the paperwork. Entry of information on the paperwork into the system and verification with past records takes another 5 minutes for a receptionist. There are two receptionists. It takes 15 minutes, on average, for the dental assistant to take an X-ray. There are three…[The following information applies to the questions displayed below.] The following are the car repair shop data: TETE Ticket No. Work Ticket No. Work Ticket No. Work 1 Lube & oil 11 Battery 21 Battery Tires 2 Lube & oil 12 Tires 22 3 Brakes 13 Brakes 23 Brakes 4 Lube & oil 14 Transmission 24 Transmission Lube & oil 15 Brakes 25 Brakes Tires 16 Battery 26 Lube & oil 7 Tires 17 Brakes 27 Lube & oil 8. Brakes 18 Tires 28 Lube & oil 9. Brakes 19 Tires 29 Tires 10 Lube & oil 20 Lube & oil 30 Lube & oil