<span>He took the advice from Jonah. The way he improved included
many steps. First he increased throughput by getting cash while
staying in the plant. He managed to deliver all the overdue orders which also
helped him getting rid of the excess inventory which was a natural result of
more sales. Secondly he reduced the inventory by changing the production
process. The plant produced more of those parts which were in demand or which
were overdue instead of those excess parts which were occupying the inventory
and slowing down the progress.</span>
Answer:
False
Explanation:
Kevin should not rise the level of production from 5 to 6 as the impact of the price dominates this situation
Also the market is not depend on the Kevin fire engines because of the competitive market
Plus the supply and demand relation is inverse and not depend on the change in price level in a competitive market
If the price is decreased from $160,000 to $120,000 so the quantity of the production would not be impacted
In addition to this, the total revenue could be impacted when there is a reduction in the price that produced more sale due to this there is a slightly change in upward and downward
Also the change would never be in the similar production as compare to the change in price
Therefore the given statement is false
Answer:
The solution and complete explanation for the above question and mentioned conditions is given below in the attached document.i hope my explanation will help you in understanding this particular question.
Explanation:
Answer: 0
Explanation:
Accrual accounting method simply means when revenue or expenses are written down and recorded at the time that the transaction took place and not when payment was gotten.
The revenue that is recognized on the March income statement will be 0. This is because the delivery was in April and none took place in March.