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Evgen [1.6K]
3 years ago
8

In _________, machines are designed to do multiple tasks so that they can produce a variety of products.

Business
2 answers:
zhenek [66]3 years ago
4 0
<span>flexible manufacturing</span>
DENIUS [597]3 years ago
3 0

Answering the question, in flexible manufacturing, machines are designed to do multiple tasks so that they can produce a variety of products.

A flexible manufacturing system (FMS) refers to a production technique that is developed to easily adjust to changes in the amount and types of product that is being manufactured

<h2>Further Explanation</h2>

It is an automated machine cell that is made up of different categories of processing workstations which are linked together with automated materials handling and storage.

A flexible manufacturing system can have a positive impact on production; it can also reduce a company's cost of production. A flexible manufacturing system can also be a major part of a build-to-order strategy whereby consumers can request to customize the product they desire.

This production method can be very expensive, buying and setting up the equipment that will perform such task will attract a higher upfront cost.

Also, humans are required to effectively control the operation of the flexible manufacturing system.

Some of the functions mainly performed by humans in this production method include

  • Replacing and settings the tools in the system
  • Offloading the finish parts from the manufacturing system
  • Placing the raw work parts into the manufacturing system and many more

The idea behind a flexible manufacturing system was developed by Jerome H. Lemelson.

LEARN MORE:

  • manufacturing brainly.com/question/13439850
  • manufacturing brainly.com/question/13184944

KEYWORDS:

  • flexible manufacturing
  • machines
  • production
  • automated machine
  • method
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Answer and Explanation:

The journal entries are shown below:

1. Raw material inventory A/c Dr.$49,400

           To accounts payable  $49,400

(To record raw material purchased)

2. Work in process inventory A/c Dr. $33,300

  Manufacturing overhead A/c Dr. $8,000

                   To Raw material inventory Cr. $41,300

(To record the raw material requisitioned is recorded)

3. Factory payroll A/c Dr.$65,200

                To cash $65,200          

(To record factory labor cost incurred)    

4. . Work in process inventory A/c Dr. $54,600

     Manufacturing overhead A/c Dr. $10,600

                    To factory payroll Cr. $65,200

(To record the direct labor and indirect labor is recorded)

5. Manufacturing overhead A/c Dr. $84,900

                To accounts payable Cr. $84,900

(To record the manufacturing overhead is recorded)

7. Work in process inventory A/c Dr. $81,900   ($54,600×150%)

                To Manufacturing overhead Cr. $81,900

(To record the applied manufacturing overhead is recorded)

8. Finished goods inventory A/c Dr. $96,300

             To Work in process inventory Cr. $96,300

(To record the transferred goods are recorded)

9. Cost of goods sold A/c Dr. $80,700

        To finished goods inventory Cr. $80,700

(To record the cost of goods sold is recorded)

4 0
3 years ago
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professor190 [17]
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3 years ago
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Waterway Company uses a perpetual inventory system and made a purchase of merchandise on credit from Carla Vista Corporation on
leva [86]

Answer:

Dr Accounts Payable 9200 Cr Cash 9016 Cr Inventory 184

Explanation:

The payment terms of 2/10, n/45 mean that if paid within 10 days the company is entitled to a 2% discount. Otherwise full payment is required within 45 days.

Since we're settling the account within 10 days ( 7 days after purchase ) we are entitled to a 2% discount.

Originally the inventory was recorded at 9200 Dr and a Cr to Accounts payable of 9200.

The day the invetory is paid we will record the following (August 10)

Dr Accounts Payable $9200

Cr Cash/Bank                           $9016

Cr Inventory                              $184  

Since we're using the perpetual inventory system the actual cost of inventory is 9016 and not 9200. Thus inventory is now recorded at 9016. The cast amount is the actual amount used to settle the account after the 2% discount was applied.

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Riverboat Adventures pays $170,000 plus $14,000 in closing costs to buy out a competitor. The real estate consists of land appra
damaskus [11]

Answer:

Total cost allocated to building = $66,240

Explanation:

Given:

Total amount pay = $170,000 + $14,000 = $184,000

Land appraised amount = $22,000

Building appraised amount = $79,200

Paddleboats appraised price = $118,800

Find:

Total cost allocated to building

Computation:

Total appraisal price = Land appraised amount + Building appraised amount  + Paddleboats appraised price

Total appraisal price = $22,000 + $79,200 + 118,800

Total appraisal price = $220,000

Total cost allocated to building = [Total amount pay / Total appraisal price]Building appraised amount

Total cost allocated to building = [184,000/220,000]79,200

Total cost allocated to building = $66,240

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3 years ago
Howrley-David, Inc., manufactures two models of motorcycles: the Fatboy and the Screamer. Both models are assembled in the same
Arte-miy333 [17]

Answer:

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Direct labor                                 .   $ 2,000,000   $ 4,000,000   $ 6,000,000

Indirect materials                        .       $600,000    $1,200,000    $1,800,000

Other overhead                          .    $1,400,000   $2,800,000    $4,200,000

Materials cost                              .    $4,000,000  $12,000,000   $16,000,000                                                          

Total cost                                     .   $8,000,000 $20,000,000 $28,000,000

Number of units                           .       2,000              4,000               6,000

Unit cost                                       .      $4,000            $5,000            $4,667

Explanation:

Assign the Material Cost to the Products appropriately. The conversion costs musts be allocated based on the number of units assembled. Conversion costs is the sum of Direct Labor and Manufacturing Overheads (Indirect Costs).

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