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3 years ago

Which of the following is a disadvantage of assembly lines

Business

2 answers:

Black_prince [1.1K]3 years ago

8 0

C) it is inefficient for producing small batches

butalik [34]3 years ago

6 0

The correct option is C.
The assembly line is a manufacturing process in which parts are added as the semi finished assembly as they move from workstation to workstation. The parts are added in sequence until all the parts are added. This type of production method is not suitable for production of small batches of products.

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Q 5.15: At the beginning of January 2017, a company reported inventory of $4,000. During the month, the company made purchases o

s344n2d4d5 [400]

Answer:

COGS= $17,600

Explanation:

Giving the following information:

Beginning inventory= $4,000

Purchase= $17,800

Ending inventory= $4,200

<u>To calculate the cost of goods sold (COGS), we need to use the following formula:</u>

<u></u>

COGS= beginning finished inventory + cost of goods purchased - ending finished inventory

COGS= 4,000 + 17,800 - 4,200

COGS= 17,600

5 0

3 years ago

In the circular flow of the US economy, what does government provide to households? A. Services and income B. Taxes and resource

sergey [27]

Answer:

The answer is A.

4 0

2 years ago

You play the following bargaining game. Player A moves first and makes Player B an offer for the division of $1000. (For exam

Nitella [24]

Answer:

36*0.06

600

there are 600 total members in the club.

Explanation:

5 0

3 years ago

During 2018, the first year of operations, Silver, Inc., pays salaries of $175,000. At the end of the year, employees have earne

kolezko [41]

Answer:

If Silver uses the accrual method, $195,000 in 2018 and $0 in 2019.

Explanation:

Given that,

Salaries paid during the year 2018 = $175,000

Salaries earned by the employees at the end of the year = $20,000

If the Silver, Inc. uses the accrual method,

Deduction for salary expense in 2018:

= Salaries paid during the year 2018 + Salaries earned by the employees at the end of the year

= $175,000 + $20,000

= $195,000

Deduction for salary expense in 2019 = $0

6 0

2 years ago

Pistol Corporation purchased 100 percent ownership of Scope Products on January 1, 20X6, for $56,000, at which time Scope Produc

zepelin [54]

Answer:

1.20X6

1a. Dr Investment in Scope Products $56,000

Cr Cash $56,000

1b. Dr Cash $ 6,000

Cr Investment in Scope Products $ 6,000

1c. Dr Investment in Scope Products $16,000

Cr Income from Scope Products $16,000

1d. Dr Income from Scope Products $2,000

Cr Investment in Scope Products $2,000

20X7

2a. Dr Cash $8,000

Cr Investment in Scope Products $8,000

2b. Dr Investment in Scope Products $24,000

Cr Income from Scope Products $24,000

2c. Dr Income from Scope Products $2,000

Cr Investment in Scope Products $2,000

20X8

3a. Dr Cash $8,000

Cr Investment in Scope Products $8,000

3b. Dr Investment in Scope Products 32,000

Cr Income from Scope Products 32,000

3c. Dr Income from Scope Products $2,000

Cr Investment in Scope Products $2,000

2.$98,000

Explanation:

1. Preparation of the equity method entries that Pistol should record to account for this investment in 20X6, 20X7, and 20X8.

Equity Method Journal Entries for Pistol Corporation.

20X6

1a. Dr Investment in Scope Products $56,000

Cr Cash $56,000

1b. Dr Cash $ 6,000

Cr Investment in Scope Products $ 6,000

1c. Dr Investment in Scope Products $16,000

Cr Income from Scope Products $16,000

1d. Dr Income from Scope Products $2,000

Cr Investment in Scope Products $2,000

{ ($56,000-$10,000-$30,000) /8 years }

20X7

2a. Dr Cash $8,000

Cr Investment in Scope Products $8,000

2b. Dr Investment in Scope Products $24,000

Cr Income from Scope Products $24,000

2c. Dr Income from Scope Products $2,000

Cr Investment in Scope Products $2,000

{ ($56,000-$10,000-$30,000) /8 years }

20X8

3a. Dr Cash $8,000

Cr Investment in Scope Products $8,000

3b. Dr Investment in Scope Products 32,000

Cr Income from Scope Products 32,000

3c. Dr Income from Scope Products $2,000

Cr Investment in Scope Products $2,000

{ ($56,000-$10,000-$30,000) /8 years }

2. Calculation to determine the Balance in Investment in Scope Products.

Particulars Amount ($)

Initial Investment Amount $56,000

Add : Share of Income $72,000

($16,000+$24,000+$32,000)

Less : Dividend Received ($22,000)

($6,000+$8,000+$8,000)

Less : Patent Amortization ($6,000)

($2,000 * 3 years)

Balance in Investment in Scope Products Account as on Dec. 31 20X8 $98,000

Therefore the balance of the Investment in Scope account on Pistol balance sheet at December 31, 20X8, after all required equity method entries have been recorded is $98,000

7 0

2 years ago