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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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Last year, Michelson Manufacturing reported $10,250 of sales, $3,500 of operating costs other than depreciation, and $1,250 of d
Margarita [4]

Answer and Explanation:

The computation is shown below:

Particulars                       Last year            Current year

Sales                               $10,250              $10,250

Operating cost               -$3,500              -$3,500

Operating income           $6,750               $6,750

less:

Interest expense

(6.5% of 3,500)               -$227.50           -$227.50

depreciation expense   -$1,250               -$1,975  ($1,250 + $725)

Earning before tax           $5,272.50          $4,547.50

Less: Income tax

at 21%                              -$1,107.23           -$954.98

Net income                      $4,165.27            $3,592.53

Now the net cash flow is

Net income                       $4,165.27             $3,592.53

Add:

Depreciation                      $1,250                 $1,975

Total net cash flows           $5,145.27          $5,567.53

Change is $422.26

6 0
3 years ago
What is a common way to purchase an automobile?
Luden [163]

Answer: with cash.. or you can set a loan

Explanation:

7 0
2 years ago
oprah winfrey has received recognition for her success in the entertainment industry, and well as her philanthropic work.
enot [183]

It is a true statement that Oprah Winfrey has received recognition for her success in the entertainment industry, and well as her philanthropic work.

<h3>Who is Oprah Winfrey?</h3>

Oprah Winfrey is an American television personality, actress, and entrepreneur who has impacted so many lives in the country. She is one of the richest and most influential women in the United States.

At age 19, she has became a news anchor for the local CBS television station and after her graduation from Tennessee State University, she was made a reporter and coanchor for the ABC news affiliate in Maryland. She also found herself constrained by the objectivity required of news reporting and in 1977 she became cohost of the Baltimore morning show People Are Talking.

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6 0
2 years ago
Sneakers Incorporated designs and manufactures fashion sneakers. For the coming year, the company scheduled production of 50,000
djyliett [7]

Answer:

Net loss $100,000

Explanation:

<em>The relevant cost for decision to accept the special order are </em>

<em>I Incremental Revenue from the special order </em>

<em>2. incremental variable cost</em>

<em>Note that whether or not the special order is accepted the fixed  manufacturing and fixed operating expenses of would be incurred either way.  Therefore , they are not relevant for the decision</em>

<em />

Variable cost cost= 40 +10= 50

Sales revenue from the special order                                         $

     (45 × 20,000)                                                                    900000

Variable cost of the special order  (50× 20,000)                <u>(1,000,000 )  </u>

Net loss                                                                                    <u>100,000</u>

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What type of financial planning focuses on issues such as paying your monthly rent, paying tuition and fees, and cost of food, w
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Personal finance is a term that covers your money management as well as saving and investing. These contain the budget, banking, insurance, mortgage, investments and retirement, tax, and estate planning. The term often directs to the entire industry that delivers financial services to people and homes and recommends financial and investment options.

Personal dreams and wishes - and plan to fulfill those essentials in your financial obstacle - also influence how you get the above. In order to use your earnings and savings most, it is necessary to be economical. Personal finance helps you learn the difference between good and bad suggestions and make intelligent financial conclusions.

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3 0
1 year ago
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