Tour stop 16:30 to 18:50 – Updating the Process to a Continuous…

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Question Answered step-by-step Tour stop 16:30 to 18:50 – Updating the Process to a Continuous…  Tour stop 16:30 to 18:50 – Updating the Process to a Continuous Flow System.Write about the advantages and disadvantages of the current manufacturing process (from 15:00 minutes to 16:45) and the advantages and disadvantages about the proposed continuous flow process (17:00 to 18:50) . Do you recommend making the change to the continuous flow process or not? You may include processes that you observed in other parts of the video as well. The analysis must relate to concepts that are in the textbook.The CEO would like to know how many stations would be required if an assembly line is put into place (instead of the current station build). They intend to make 42 bicycles per 8 hour shift. The total time to assemble is 32 minutes per bicycle.Calculate the desired cycle time and,the number of stations.Since 42 bicycles per shift is the average daily figure per year, and we know that in the spring there is high volume, what is the recommended line configuration for the spring peak? Engineering & Technology Industrial Engineering Operations Management MGMT 6081 Share QuestionEmailCopy link Comments (0)

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Question Answered step-by-step Is the death of a child with a chronic illness more tragic than that of an adult? Why or why not? Give examples.What would you do and/or say to parents who had a child with a chronic illness who is dying?Find a resource (e.g., book, article, toy, specialty) that can be used to support children through the dying process and provide a summary of how that resource is used. The resource may be intended to help children understand death or for children who are dying. Health Science Science Nursing NURSING 4940 Share QuestionEmailCopy link Comments (0)
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Description Portfolio Project Option #1 is for accounting students who are sensing learners and learn best from concrete materials and examples. If this is your learning style preference, you are practical and careful with detail. For this assignment, you are required to complete Part 1, Part 2, and Part 3. You will present Parts 1 and 2 in Excel, and Part 3 of the Portfolio Project in a Word document, following the exact instructions that accompany each part. (The templates can be found in Module 8, and by clicking "Next" at the bottom of this page.) Use the assignment templates are attached below. Part 1: Katy McCall opens a tax consulting business called Horizon Consultants Inc. and completes the following transactions in March: March 1: As a sole shareholder, McCall invested $125,000 cash along with $45,000 of office equipment in the company. March 2:  Horizon Consultants Inc. completed services for a client and immediately received $4,000 cash. March 3: Horizon made credit purchases for office equipment for $1,500 and office supplies for $2,100. Payment is due within 10 days. March 6: Horizon Consultants Inc. pre-paid $6,000 cash for six months' rent for their office. March 10:  Horizon completed a $4,250 project for a client who must pay within 45 days. March 12: Horizon paid $3,600 cash to settle the account payable created on March 3. March 19: Horizon paid a $6,000 cash premium on a 12-month insurance policy. March 22: Horizon received $3,250 cash as a partial payment for the work completed on March 10. March 25: Horizon completed work for another client for $4,250 on credit. March 29: McCall paid herself a dividend of $3,000 cash. March 30: Horizon purchased $750 of additional office supplies on credit. March 31: Horizon paid $350 cash for this month's utility bill. Instructions: Using the following chart of accounts and template, prepare journal entries for the above economic transactions. Include the effect that each transaction has on the accounting equation.  Enter your journals to the general ledger using the same file name. Chart of accounts: cash, office equipment, capital stock, prepaid rent, prepaid insurance, office supplies, accounts payable, consulting revenue, accounts receivable, dividend, utility expense.  Part 2: The following unadjusted trial balance is for Groenke Construction Company as of year-end for the December 31, 20x7 fiscal year. The December 31, 20x6 credit balance of the stockholders' equity account is $61,900, and the stockholders invested $45,000 cash in the company during 20x7. Account Title Debit                     Credit 101         Cash                                                      $15,000 126         Supplies                                               $8,500 128         Pre-paid insurance                          $11,200 167         Equipment                                          $175,000 168         Accumulated depreciation - equipment                 $19,000 201         Accounts payable                                                               $9,250 251         Long-term notes payable                                               $45,000 301         Shareholders' equity                                                      $106,900 302         Dividends                                            $15,750 401         Construction Revenue                                                   $153,000 623         Wage expense                                  $61,800 633         Interest expense                               $6,250 640         Rent expense                                    $15,750 683         Property tax expense                    $12,500 684         Repairs expense                                $6,100 690         Utilities expense                                $5,300 TOTALS                                                            $333,150                  $333,150 Instructions: Use the template provided to: Journalize the following adjusting entries as of fiscal year-end December 31, 20x7. Post the adjusting entries to an unadjusted trial balance and prepare the adjusted trial balance. Create financial statements, namely: i) the income statement, ii) statement of stockholders' equity, and iii) the balance sheet for 20x7. Adjustments needed: The supplies available at the end of the fiscal year 20x7 are at a cost of $5,700. The company's employees have earned $3.500 in accrued wages for the fiscal year. The cost of expired insurance for the fiscal year is $8,600. The rent expense not yet paid or recorded in the fiscal year is $2,250. Annual depreciation on equipment is $8,000; no other depreciation adjustment was made in 20x7. The $450 accrued interest for December has not yet been paid and reported. Additional property taxes of $625 have been assessed for the fiscal year but have not yet been paid or recorded in the accounts. The December utilities expense of $425 is not included in the adjusted trial balance, because the bill arrived after the trial balance was prepared. The $425 amount owed needs to be recorded. The company paid dividends of $15,575 to its shareholders on record. Part 3 Assume you are the chief accountant making a presentation during the stockholders' annual meeting for your corporation. Provide a brief explanation to stockholders on each of the following questions: Shares In what ways can shares be "preferred"? In which ways are they similar and different from common shares?  Give real-world examples. How does the book value of shares of stock differ from the market value of shares of stock? Use a real-world example in your answer. Dividends Discuss at least three main issues a board of directors considers when making a dividend declaration decision. How does a share dividend differ from a share split? Retained Earnings e) Explain why companies place restrictions on some of their retained earnings. 2 attachmentsSlide 1 of 2attachment_1attachment_1attachment_2attachment_2.slider-slide > img { width: 100%; display: block; } .slider-slide > img:focus { margin: auto; } Unformatted Attachment Preview ACT300 Principles of Accounting I Module 8: Portfolio Project Template Option #1 (Part 1) Journal Entries for Horizon Consultants Inc. Date Account Names 1-Mar 2-Mar 3-Mar 6-Mar 10-Mar 12-Mar 19-Mar 22-Mar Debit Credit 25-Mar 29-Mar 30-Mar 31-Mar ACT300 Principles of Accounting I Module 8: Portfolio Project Template Option #1, Part 2 Groenke Construction Company Groenke Construction Co, Adjustments December 31, 20X7 Adjust # Account Names Debit Credit 1 2 3 4 5 6 7 8 Acct # 101 126 128 167 168 201 Groenke Construction Co, Adjustments December 31, 20X7 Unadjusted Trial Balance Adjustments Account Names Debit Credit Debit Credit Cash $15,000 Supplies $8,500 Prepaid insurance $11,200 Equipment $175,000 Accumulated depreciation - equipment $19,000 Accounts payable $9,250 Adjusted Trial Balance Debit Credit 251 301 302 401 623 633 640 683 684 690 Long-term notes payable Stockholders' equity Dividends Demolition fees earned Wage expense Interest expense Rent expense Property tax expense Repair expense Utilities expense TOTALS $45,000 $106,900 $15,750 $153,000 $61,800 $6,250 $15,750 $12,500 $6,100 $5,300 $333,150 $333,150 $0 $0 $0 $0 BE SURE TO CREATE A FINANCIAL STATEMENTS FROM THE ADJUSTED TRIAL BALANCE [Company Name] Income Statement [date] Revenues: List names Expenses: List names $ - $ - 0 0 0 0 0 0 0 Total expenses Net income - [Company Name] Statement of Stockholders' Equity [date] Stockholders' Equity, [date] Plus: Additional shareholder investment Net income $ 0 0 Less: Dividends Stockholders' Equity, [date] $ $ - [Company Name] Balance Sheet [Date] Assets Liabilities & Stockholders' Equity $ Total Assets $ - - $ - $ - Total Liabilities Total stockholders' equity Total liabilities and stockholders' equity $ $ Purchase answer to see full attachment Tags: business and finance Financial Management insurance policy journal entry accounting cycle User generated content is uploaded by users for the purposes of learning and should be used following Studypool's honor code & terms of service.
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