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andre [41]
3 years ago
9

Accounting for lean operations requires fewer transactions because

Business
1 answer:
Shtirlitz [24]3 years ago
7 0
Lean operations including manufacturing and production are a system to minimize waste. This system works proactively and tries to limit the amount of productivity being wasted to manufacture items. Less transactions are needed in this system being they are efficient throughout the organization. 
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Equipment was purchased for $300,000. Freight charges amounted to $14,000 and there was a cost of $40,000 for building a foundat
aksik [14]

Answer:

b)

Annual Depreciation expense= $58,800

Explanation:

<em>According to International Accounting standards(IAS) 16 property plan and equipment (PPE), the cost of an asset is the purchase cost plus other costs of bringing it to the intended working conditions.</em>

So we will add the purchase cost to installation  , freight charges.

Cost of assets = 300,000 + 14,000 + 40,000 =$354,000

Annual depreciation = (Cost - Scrap Value)/ Number of years

                                   = (354,000 - 60,000)/5

                                 =$58,800

Annual Depreciation expense= $58,800

8 0
3 years ago
A monopoly A. ​doesn't lose any sales when it raises its price. B. must have a patent to protect its products. C. produces the m
Ugo [173]

Answer:

A. ​doesn't lose any sales when it raises its price

Explanation:

  • As monopoly is ruled by one set of prices and they are price makers thus even f the prices rise the price will be set above the marginal cost to maximize the profits. Thus a monopoly does not lose its market share as it acts as a single dominating factor in the supply and trade of the goods and services. And it stipulates the financial dealing through a single seller.
6 0
3 years ago
Assume company can produce any amount above 3.4 units. Naploc purchased the equipment for $12,000 and did not start production y
svetlana [45]

Answer: $12,000

Explanation:

As no production has been started yet, no other costs have been incurred by Naples for the equipment other than the $12,000.

The lowest price that Tebit should offer therefore should be the price that the equipment was purchased for as the equipment has not not been used to produce anything and so has not incurred any variable costs or donated any incremental value that would decrease or increase its value.

7 0
2 years ago
Which method is the most efficient method to use to solve x^2+6x-7=0?
sweet-ann [11.9K]
(x+7)(x-1) = 0 ^x^2 + 6x - 7 = 0x               7x              -1
Its really easy if you think it this way.

7 0
3 years ago
Read 2 more answers
Turkey Corp., a cash basis calendar year C corporation in Savannah, Georgia, has $100,000 of accounts receivable on the date of
Viefleur [7K]

Answer:

The correct answer is $24,500.

Explanation:

According to the scenario, the given data are as follows:

Total Account receivable = $100,000

Amount collected = $70,000

So, if there is sufficient taxable income, then assume tax rate to be 35%.

So, we can calculate the Gains tax by using following formula:

Gain tax = Amount collected × Tax rate

By putting the value, we get

Gain tax = $70,000 × 35%

= $24,500.

5 0
3 years ago
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