Answer:
Dr Land account 10,000
Cr Common Stock account 2,000
Cr Capital Paid in Excess of Par Value account 8,000
Whenever a company sells stock it must record the transaction under common stock account at par value (= 200 shares x $10 = $2,000). Any extra money received must be recorded as capital paid in excess of par value (= $10,000 - $2,000). The basis for the land that Jose Garcia contributes must be its fair market value ($10,000).
Answer:
Refining crude oil into gasoline requires the use of chemicals, pressure, and heat to change the chemical makeup of the crude oil into a finished product of gasoline. PROCESS MANUFACTURING: deals with formulas and manufacturing recipes.
A production plant that serves as a point where workers and robotics bring together all of the components that create automobiles. ASSEMBLY PROCESS: manufactured units follow an assembly line.
Making steel is a process that cannot be easily stopped and restarted. CONTINUOUS PROCESS: the manufacturing process cannot be easily stopped.
Allen-Bradley builds motor starters. The machines that Allen-Bradley uses can make different types of starters without slowing down the process. FLEXIBLE MANUFACTURING: different models can be manufactured in the same process.
A tractor manufacturer looked at their production techniques and eliminated the activities in production that do not add value to the consumer. LEAN MANUFACTURING: very simple and lean manufacturing process.
A bicycle company makes 18 models in more than 2 million combinations. The customer chooses the model, size, color, and design. MASS CUSTOMIZATION: high degree of product customization.
Answer:
differential loss for 14,700
Explanation:
![\left[\begin{array}{cccc}&$Make&$Buy&$Differential&\\$Variable Cost&-73,500&-88,200&-14,700&\\$Fixed cost&-29,400&-29,400&0&\\$Total&-102,900&-117,600&-14,700&\\\end{array}\right]](https://tex.z-dn.net/?f=%5Cleft%5B%5Cbegin%7Barray%7D%7Bcccc%7D%26%24Make%26%24Buy%26%24Differential%26%5C%5C%24Variable%20Cost%26-73%2C500%26-88%2C200%26-14%2C700%26%5C%5C%24Fixed%20cost%26-29%2C400%26-29%2C400%260%26%5C%5C%24Total%26-102%2C900%26-117%2C600%26-14%2C700%26%5C%5C%5Cend%7Barray%7D%5Cright%5D)
We multiply the variable copst per unit by the 14,7000 units
then we add the fixed cost for the total cost for the make option
Then, we multiply the 14,700 by 6 for the buy option and add the unavoidable fixed cost.
In this case, it is not convinient to buy the assembly part as it would incour in a differential loss for 14,700
The answer to your question would be <span>entrepreneur!</span>