<u>Lean production</u> is a guiding philosophy and management approach that emphasizes efficiency through the elimination of waste in company operations.
Management is the management of an agency, whether or not it's miles a business, a non-earnings business enterprise, or a government frame. it is the art and science of handling resources of the enterprise.
The principle objective of management is to relax maximum outputs with minimum efforts & sources. control is basically concerned with wondering & utilizing human, material & financial resources in this sort of manner that might result in a first-class combination.
To the maximum fundamental degree, management is an area that includes a fixed of 5 general functions: making plans, organizing, staffing, leading, and controlling. those 5 capabilities are a part of a frame of practices and theories on a way to be a hit manager.
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Answer:
51,000
Explanation:
Beginning WIP 0
Started into Production (60,000+15,000)
Total Units 75,000
Transferred Out (60,000 – 15,000)
= 45,000 = 45,000 equivalent conversion units
Ending WIP 15,000
= 15,000 * .4 = 6,000
45,000+6000 =51,000
Total Units 75,000 = 51,000 conversion total equivalent units
Therefore the equivalent units of production for conversion costs for the month of July is 51,000
Answer:
C) report $5,000 of hobby income and deduct nothing from AGI since Juanita does not itemize deductions.
Explanation:
After the passage of the Tax Cuts and Jobs Act (HR 1, “TCJA”) from the period 2018 to 2025 the hobbies deduction is no longer valid.
Thus Juanita cannot declare any deduction. As hobbies aren't businesses. They aim for fun and entertainment not profit is not entitled to the tax deduction businesses are.
Answer:
No, Hines is not guilty of unlawful price descrimination
Explanation:
Hines actions has not meet the criteria for price discrimination which include giving different prices based on gender, race or religion and never prevented the resale of product and the product package for sale never indicated the inclusion of free demonstrator and free advertising material.
