Answer:
Stock out costs increase
Carrying costs decrease
Explanation:
Just in time (JIT) decreases total inventory and increases the number of deliveries made by the company's vendors.
Since the company is going to hold fewer materials and components, then the risk of an stock out increases, resulting in higher stock out costs.
The total inventory will decrease, therefore, the carrying costs will also decrease.
Answer:
A. A legal benefit and a legal detriment.
Explanation:
In contract law, consideration refers to the benefit element of value that must be bargained between the two parties.
Consideration always includes a legal benefit because you are going to receive some consideration from the other party, but it also involves a legal detriment because you are also giving away something of value (consideration) in exchange to the other party. E.g. you buy a hamburger (you receive food) but you must pay for it (you exchange money).
Usually it costs money to publish an ebook, but not to make one; unless you use a program that offers different upgrades to make the ebook better or to access certain things.
Answer:
<u>Cash Budget for the First Quarter.</u>
Total Receipts :
Collections From Customers $188,700
Sale of Equipment $3,060
$191,760
Total Payments :
Direct materials $43,860
Direct labor $71,400
Manufacturing overhead $35,700
Selling and administrative expenses $45,900
Purchase of securities $14,280
$210,840
Net Receipts / (Payments) ($19,080)
Opening Balance $30,600
Closing Balance $11,520
Required Balance $25,500
Loan (Shortfall) $14,250
Explanation:
A cash budget shows a future estimate of future cash incomes and cash expenditures.
