When prioritizing the backlog, taking an economic view mean Realizing the goal of Lean
A lean system represents a company or business unit that comprehensively applies lean principles to the methods of planning, prioritizing, managing, and measuring work. The goal of all lean systems is to maximize customer profits. Lean thinking can significantly improve the productivity and functionality of a team or department, but lean implementation across the organization has the greatest impact on customers.
The lean system uses a lean approach to identify and eliminate waste. They systematically discover and take advantage of opportunities for improvement. These are two of Lean's basic concepts. Eliminate everything that doesn't add value to your customers, work systematically and continuously, and create more value for your customers.
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Answer:
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Explanation:
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Taylor's amount of inventory that was purchased during the period was closing inventory - opening inventory $600 - $ 400 = $200 + COGS ($1800) = $2000.
When calculating average inventory, opening inventory—the value of goods carried over from the prior accounting period—is taken into account. It aids in calculating cost of products sold. The stock's value at the end of the accounting period is known as closing inventory, often referred to as ending inventory.
The cost of inventory encompasses all charges incurred by a company to bring the stock to its present location and state, including purchases, conversions, services, and other costs. Non-refundable taxes, shipping, trade discounts, and other direct and indirect costs associated with buying the item are all included in the purchase price. It excludes costs associated with selling and distributing.
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Answer:
losses from discontinued operations 395,000
Explanation:
From 1/1/20X1 to 8/31/20X1 <u>realized </u>loss 300,000
From 9/1/20X1 to 12/31/20X1 <u>realized </u>loss 200,00
<em><u>EXPECTED </u></em>Profit from 1/1/20X2 to 3/31/20X2 400,000
As the accounting carries the accrued principles Revsine's expectations aer not accrued thus, do not included until realized.
The company has losses for 500,000 with a tax-rate of 21%
This generates a tax-shield of 105,000
net of taxes: 500,000 - 105,000 = 395,000
