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1 year ago

Firms will generally make-to-order when

Business

1 answer:

Semmy [17]1 year ago

8 0

Firms will generally make-to-order when the demand for goods is not stable.

<h3>What is Make to order?</h3>

Make to order (MTO) is a production process that involves a customer ordering a specific products which is usually different from the general products.

The products may be customized and its usually done when a company has less demand or work.

Therefore, Firms will generally make-to-order when the demand for goods is not stable.

Learn more make to order below

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Assume labor is the only variable input and that an additional input of labor increases total output from 72 to 80 units. if the

cluponka [151]

Considering that labor is the only variable input and an additional input increases from 72 to 80 units with the product costs of $6 per unit in a purely competitive market, then the mrp of the additional worker is $48.

Solution: (80 x $6) – (72 x $6) = $48

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2 years ago

Under the allowance method for estimating uncollectible accounts, the entry to write off an account:

Effectus [21]

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DEBIT TO ALLOWANCE for Doubtful Accounts and a credit to Accounts Receivable.

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When a specific customer's account is identified as uncollectible, it is written off against the balance in the allowance for bad debts account.

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7 0

2 years ago

Read 2 more answers

The board of directors of Yancey Company declared a cash dividend of $1.50 per share on 42,000 shares of common stock outstandin

Ivahew [28]

Answer:

<em>Increase to Cash dividends</em>

Explanation:

The entry on declaration of dividend is Retained earnings debit and credit is given to dividend payable. The cash dividend will increase to shareholders as a result of this action. The dividend payable will increase. Cash is not affected when dividends is declared. Cash is affected only when dividend is paid on August 15, 2017. Cash dividend will not decrease since dividend is paid it will increase. There are total 2 entries passed one on July 15th for dividend declaration and on August 15th for dividend payment. The record date of July 31 is only for determining which shareholders are eligible for dividend and no entry is needed.

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2 years ago

Cho's Performance Pizza is a small restaurant in Miami that sells gluten-free pizzas. Cho's very tiny kitchen has barely enough

Brut [27]

Answer: Variable ... Fixed

Explanation:

In the short run, Variable Inputs or costs are known as those which can be changed and their quantities can be varied. In this scenario, the employees that Cho's uses can be varied and so are the Variable Inputs.

Similarly, those costs that cann ot be changed or varied in the short run are rightly known as Fixed Inputs. Cho's Kitchen cannot take more than 3 ovens and also she has already signed a lease for them. These costs cannot be changed and so make the oven a Fixed Input.

It is worthy of note that in the long term, all Costs are considered Variable.

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3 years ago

Investment advisors at your local bank branch office

TEA [102]

Answer:

Financial advisor.

Explanation:

A financial advisor is an investment advisor at your local bank branch office. They are licensed professionals with the ultimate responsibility of providing financial guidance or expert advice around investments, tax planning etc for customers in a financial institution.

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2 years ago