Chapter 1, Problem 17Q

The kitchen manager at Ruby Restaurant established portion control standards. Daily rice preparation shows 45kg cooked from 15kg raw, against standard yield of 2.8kg cooked per 1kg raw. Kitchen supervisor needs to identify production efficiency. [5 points Financial Accounting]

WW Office Solutions implemented a new supply requisition system. Departments must submit requests by Thursday for next week, maintain minimum 20% buffer stock, and obtain supervisor approval for urgent orders. From 85 total requisitions last month, 65 followed timeline, 72 maintained proper buffer, and 58 met both conditions. What is the compliance rate? Answer this Question

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Greenfield Corp., which owes Oakwood Inc. $750,000 in notes payable with accrued interest of $60,000, is experiencing financial difficulties. To settle the debt, Oakwood agrees to accept from Greenfield machinery with a fair value of $700,000, an original cost of $900,000, and accumulated depreciation of $240,000. Requirements: Compute the gain or loss on the transfer of machinery.

What is the predetermined overhead rate on these general accounting question?

What was the gain or loss on the disposal??

Hello tutor please answer the general accounting question