Landon Jewelers uses the perpetual inventory system. On April 2, Landon sold merchandise with a cost of $3,500 for $8,000 to a customer on account with terms of 1/15, n/30. The journal entry to record the cost of goods sold would be:
A)
Cost of Goods Sold 3,500
Accounts Receivable 3,500
B)
Sales Revenue 3,500
Cost of Goods Sold 3,500
C)
Cost of Goods Sold 3,500
Merchandise Inventory 3,500
D)
Merchandise Inventory 3,500
Cost of Goods Sold 3,500
C
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A) Materials requisitions and labor time tickets B) Cost recap included in the statement of production C) Cost recap included in the process cost report D) None of the these
Improved on-time delivery, improved quality performance, and improved supplier relations are benefits of ______ on supply chain performance.
A. service ERP systems B. MRP systems C. MRP II systems D. DRP systems
Select the statement that most accurately describes employment references
A) Include a list of references directly on the résumé. B) Do not include personal or character references. C) Companies generally check references before a job interview to learn about a candidate in advance. D) Be sure to add the statement References furnished upon request at the bottom of your résumé.
Use the information from Table 13.1. Calculate the load distance for location Bravo
A) 3090 B) 3300 C) 2100 D) 1200