The production process is called Mass Customization and it is defined as an example of the assemble-to-order strategy, where a firm's flexible processes generate customized products or services in high volumes at reasonably low costs. Basically it <span>combines the flexibility and personalization of custom-made products with the low unit costs associated with </span>mass<span> production.</span>
The correct option is Option A - using credit to pay for purchases.
Explanation:
. $4,395 ($29,300 long-term capital gain × 15%)
The total unamortized bond premium at the date of conversion was $280,000. Fogel should record, as a result of this conversion, a <span>credit of $217,600 to Paid-in Capital in Excess of Par. Thee answer is A.
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