Identify the average number of customers in queue 1
A) 3.39
B) 0.42
C) 2.87
D) 3.46
A
You might also like to view...
In terms of the sales presentation, the ________ approach requires salespeople from the selling organization to analyze the buyer's business
A) mission-sharing B) need-satisfaction C) problem-solution D) stimulus-response
In comparison to transportation by truck, which mode of transport is safer (in the sense it is not as prone to accidents) and also more energy efficient?
a. water b. air c. rail d. bike
Mattress Warehouse experienced the following business events during December, its first month of operation. The company uses the perpetual inventory system.1) Issued common stock for cash.2) Borrowed money from the Star City Bank issuing a note payable.3) Purchased inventory on account, terms 2/10, n/30, FOB shipping point.4) Returned part of the merchandise purchased in event #3.5) Paid freight costs on merchandise purchased in event #3.6) Sold merchandise for cash. (a) Recognized cash revenue from sale of merchandise.(b) Recognize cost of goods sold.7) Paid freight costs to deliver goods sold in event #6.8) Recorded the discount allowed in event #3.9) Recorded the payment for goods purchased in event #3.10) Accrued interest on the note payable issued in event #2. (The note is not due
for several months.)Required: Complete the financial statements model shown below. Identify each event as asset source (AS), asset use (AU), asset exchange (AX), or claims exchange (CX). Also explain how each event affects the financial statements by placing a "+" for increase, "?" for decrease, "+?" for increase and decrease, or "NA" for not affected under each of the components of the following statements model. If an element both increases and decreases, mark with "NA". Also, indicate in the cash flow column if the event would be recorded as an operating activity (OA), an investing activity (IA) or a financing activity (FA). The first event is recorded as an example.
What will be an ideal response?
Nissley Wedding Fantasy Corporation makes very elaborate wedding cakes to order. The owner of the company has provided the following data concerning the activity rates in its activity-based costing system:Activity Cost Pools Activity RateSize-related$1.13per guestComplexity-related 28.22per tierOrder-related$74.72per orderThe measure of activity for the size-related activity cost pool is the number of planned guests at the wedding reception. The greater the number of guests, the larger the cake. The measure of complexity is the number of tiers in the cake. The activity measure for the order-related cost pool is the number of orders. (Each wedding involves one order.) The activity rates include the costs of raw ingredients such as flour, sugar, eggs, and shortening. The activity rates do
not include the costs of purchased decorations such as miniature statues and wedding bells, which are accounted for separately.Data concerning two recent orders appear below: Tijerina WeddingTwersky WeddingNumber of reception guests 49 126Number of tiers on the cake 2 4Cost of purchased decorations for cake$28.60$54.64Assuming that all of the costs listed above are avoidable costs in the event that an order is turned down, what amount would the company have to charge for the Tijerina wedding cake to just break even? A. $260.31 B. $28.60 C. $74.72 D. $215.13