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jeyben [28]
3 years ago
7

Jim runs a plant that produces cosmetics and uses a flexible manufacturing production process, while his brother Bill runs a pla

nt that manufactures basic household appliances using a mass production system. The benefit Jim's plant has over Bill's plant is that Jim's plant ________.
Business
1 answer:
weeeeeb [17]3 years ago
8 0

Answer:

Jim's plant can produce products with slight variations

Explanation:

Jim runs a plant which uses a flexible manufacturing production process. This means that his products can offer some range of variations according to the suits or demands of customers, which will be especially helpful when there is a change in taste among customers.

Bill, however uses basic appliances and a mass production system. His products may therefore, suffer due to little variations between them in the case of a change in customers' preferences.

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A company's chart of accounts is: a detailed list of the accounts that make up the five financial statement elements. the set of
polet [3.4K]

Answer:

A detailed list of the accounts that make up the five financial statement elements.

Explanation:

The company's chart of accounts is the listing of all the accounts that the company has included as part of the five financial statement elements during a specific period of time.

The five financial statement elements are: assets, liabilities, equity (part of the balance sheet), expenses and revenues (part of the income statement).

Examples of accounts that can be part of a firm's chart of accounts are: land (asset), cash (asset), notes payable (liabilities), outstanding stock (equity), operating expenses (expenses), and sales revenue (revenues).

The chart of accounts can differ greatly from company to company simply because companies engage in vastly different economic activities.

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Rouse Corporation's December 31, 2012 balance sheet showed the following: 8% preferred stock, $20 par value, cumulative, 20,000
Scorpion4ik [409]

Answer:

See bellow

Explanation:

With regards to the above, Rouse total stockholder's equity is computed as;

= Preferred stock + common stock + paid in capital in excess of par (preferred stock and common stock) + retained earnings - Treasury stock

= $150,000 + $1,950,000 + $60,000 + $27,000,000 + $7,650,000 - $630,000

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3 years ago
How can the outsourcing of jobs cause production possibilities to expand?
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Outsourcing of jobs causes product possibilities to expand as they carry out their work or company into having it outside rather than indoor or at home in a way of expanding their functions and their company to be able to make their company known and tackle different circumstances or dimensions that will greatly affect their company.
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