The time period during which production processes increase volume in order to meet customer demands while coping with quality problems and last-minute design changes is called ramp-up.
Production is the technique of making or producing goods and products from uncooked substances or components. In different phrases, production takes inputs and uses them to create an output that is in shape for consumption – a good or product that has a fee to a cease-person or purchaser.
Production is the procedure of making, harvesting, or growing something or the quantity of something that becomes made or harvested. An instance of manufacturing is the creation of furniture. An instance of manufacturing is harvesting corn to devour. An instance of manufacturing is the amount of corn produced.
Manufacturing is one of the maximum critical tactics inside production and is a core part of what it means to be a manufacturer. Without this hobby, no finished items might be created, and there might be nothing to promote to clients.
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From what is said the answer is true. that leaves 25000 over your lifestyle budget
Answer: $30
Explanation:
Given that,
Average variable cost (AVC) = $25
Average fixed cost (AFC) = $5
Marginal cost (MC) = $30
Average total cost (ATC) = Average fixed cost (AFC) + Average variable cost (AVC)
= $5 + $25
= $30
Therefore, average total cost is the sum of average fixed cost and average variable cost. Alternatively, average total cost is calculated by dividing total cost to units of output produced.
It can be deduced that the post-closing trial balance is important as it verifies that:
- we prepared and posted closing entries correctly.
- the accounts are ready for next period's transactions.
<h3>What is a trial balance?</h3>
A trial balance simply means the bookkeeping where the balance of all the ledgers are compiled.
The post-closing trial balance is important as it verifies that we prepared and posted closing entries correctly and that the accounts are ready for next period's transactions.
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Hey!! Glad I can help!!!
Answer:
Today, the existing communist states in the world are in China, Cuba, Laos and Vietnam. These communist states often do not claim to have achieved socialism or communism in their countries, but to be building and working toward the establishment of socialism in their countries.
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