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As a quality analyst you are also responsible for controlling the weight of a box of cereal. The Operations Manager asks you to identify the ways in which statistical quality control methods can be applied to the weights of the boxes. Provide your recommendations to the Operations Manager in a two-three page report. Using the data provided in the Doc Sharing area labeled M4A2Data, create Xbar and R charts.
Your report should indicate the following along with valid justifications of your answers:
The control limits of the weights of the boxes.
Nonrandom patterns or trends, if any.
If the process is in control.
The appropriate action if the process is not in control.
Explain to Kelly Corporation's president how the amount of its recognized gain or loss on the distribution and the shareholder's basis for the land are determined.
The office equipment has a 5-year life with no salvage value. It is being depreciated at $295 per month for 60 months. Invoices representing $1,005 of services performed during the month have not been recorded as of June 30. (a) Prepare the adjusting..
Give the journal entry to charge standard overhead costs to work in process and record overhead variances for the month given the following information: Actual overhead $21,580 Standard overhead $20,000,Volume variance $2,080 U Spending variance $150..
On January 1, year 1, an entity acquires a new machine with an estimated useful life of 20 years for 100,000. The machine has an electrical motor that must be replaced every five years at an estimated cost of 20,000.
Dan and Patrick have asked you, their accountant, to determine how their repayments should be treated for tax purposes. Dan is still working as a highly compensated executive for Osprey while Patrick is retired and living off his savings.
Which method is approved by GAAP? Why? What are the positives and negatives of each? Is it legal for an organization to keep two sets of accounting records; one for tax and one for book? Why or why not? What transactions might fall under a dual me..
Compute the company's basic EPS for 2009. Compute the company's diluted EPS for 2009. Compute the company's book value per share at December 31, 2009. Compute the company's book value per share at December 31, 2009 assuming conversion of the preferr..
Tracy Company, a manufacturer of air conditioners, sold 100 units to Thomas on November 17, 2013. The units have a list price of $500 each, but Thomas was given a 30% trade discount. The terms of the sale were 2/10, n/30. Thomas uses a periodic in..
Mathew Murphy, single, sold his home that he had owned for 20 years for $670,000. He purchased it for $110,000 and made $40,000 of capital improvements on the home during his time of ownership. a) How much gain is excluded? How much is recognized?
In dos we have limit of _______ blocks per cluster.
Determine the stakeholders impacted by audit reports. Analyze the impct of audit reports for each category of stakeholders.
The standard variable factory overhead rate is $5.00/machine hour. The actual variable factory overhead incurred during the period was $8,000. The variable factory overhead variance (controllable)is:
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