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AveGali [126]
3 years ago
8

Sarasota company manufactures pillows in the cutting and assembly process. pillows are manufactured in 40-pillow batch sizes. th

e cutting time is 4 minutes per pillow. the assembly time is 8 minutes per pillow. it takes 10 minutes to move a batch of pillows from cutting to assembly. what is the value-added lead time?
a. 10 minutes
b. 22 minutes
c. 12 minutes
d. 8 minutes
Business
1 answer:
Viefleur [7K]3 years ago
8 0

Answer: c. 12 minutes

Value added time is the amount of time it takes to actually produce and improve a product. In the case of Sarasota company who manufactures pillows, value added time is the production time which is 4 minutes in cutting and 8 minutes in the assembly, total of 12 minutes.

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On June 1 of the current tax year Elisha and Ezra (who are equal partners) contribute property to form the Double E Partnership.
Helga [31]

Solution:

The relationship is called the deal to run the company by adding money, by distributing the business risk, etc. We share profit and loss from their relationship and the net profit is the partner's profits.

Calculating the basis of partners

Elisa's basis in partnership :

Particulars                                                         Amount $

Cash contribution                                                  200,000

Add:  

Share of the liability on the contributed land   70,000

Share of the construction debt                           10,000

Share of the accounts payable debt                     4,100

Share of partnerships taxable income                    15,000

Hence, Elisha's basis in the partnership on December 30. $299,100

Ezra's basis in partnership

Particular                                                             Amount $

Land and building                                                     340,000

Less: Debt assumed by the partnership             140,000

Add:  

Share of liability on contributed land                      70,000

Share of construction debt                                      10,000

Share of accounts payable debt                               4,100

Share of partnerships taxable income                      15,000

Ezra's basis in partnership on December 30. $299,100

8 0
3 years ago
Fact pattern: on november 1, year 1, iba co. entered into a contract with a customer to sell 150 machines for $75 each. the cust
tino4ka555 [31]

Answer:

$750

Explanation:

Since Iba's estimate of returned products is 20 units for both year 1 and 2, and only 10 units have been returned by the end of year 1, they must record a refund liability = 10 units x selling price = 10 units x $75 per unit = $750

Refund liability should represent the total amount that Iba considers that its clients are entitled to receive.

4 0
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Read the information about two competing credit cards. Credit Card 1 Credit Card 2 Interest rate 0% introductory rate, then 13.8
Likurg_2 [28]

Answer:

a. had major expenses in the first year.

d. Carried a large balance in the long term.

  1. If the borrower has major expenses in the first year, then Credit Card 1 will be a better option since it allows the borrower to repay the credit card balance without paying any finance charges. However, the borrower must repay the credit card balance by the end of the first year in order to take advantage of the introductory offer at 0% interest.
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7 0
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A firm sells a product in a purely competitive market. The marginal cost of the product at the current output of 1,000 units is
vaieri [72.5K]

Answer:

Continue producing 1,000 units

Explanation:

Base on the scenario been described in the question, The marginal cost of the product at the current output of 1,000 units is $2.50. The market price of the product is $2.50. To maximize profits or minimize losses, what the firms need to do is continue producing 1,000 units

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In the context of budget deficits, what is crowding out?
Dima020 [189]

Answer:

(A) when government borrowing leads to higher interest rates and corresponding decreases in private investment.

Explanation:

Crowding out effect is when the government's involvement is a sector of an economy negatively impacts other players in the economy.

When there's a government deficit, the government borrows and because of the large amount that would be borrowed, interest rates would rise and this would discourage private investment.

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