EcoMart establishes a $1,850 petty cash fund on May 2. On May 30, the fund shows $762 in cash along with receipts for the following expenditures: transportation-in, $152; postage expenses, $545; and miscellaneous expenses, $400. The petty cashier could not account for a $9 overage in the fund. The company uses the perpetual system in accounting for merchandise inventory. Prepare the (1) May 2 entry to establish the fund, (2) May 30 entry to reimburse the fund [Hint: Credit Cash Over and Short for $9 and credit Cash for $1,088], and (3) June 1 entry to increase the fund to $2,160.

The two different approaches to load work centers in job-shop scheduling are finite loading and infinite loading .

Option C

Explanation:

The capacity of the workload is predetermined and the loads work centres are scheduled according to that. This type of predetermined workload scheduling can be classified as two kinds one is finite loading and other is infinite loading.  

In the infinite loading the capacity limit is not considered while doing the output. But in the case of finite loading there will be prescribed capacity according that the work schedule is mapped in the job centres.

The advantage of finite loading is it will give you a clear picture about how much more capacity you need to meet a schedule.