Answer:
This is an example of mass customization
Explanation:
Mass customization is a business concept that involves mass manufacturing products that meet individual consumer wants and needs. It combines flexibility and personalization of unique made products with the low unit costs associated with mass production. It is sensitive to customer preferences with standardisation of processes, and the customer satisfaction that comes with owning a custom product.
Custom Foot offers a basic package for their boots and shoes, and then offer customers a variety of features they can add or subtract. With this, they can provide alternatives for modifying a product without the costs associated with making a 100 percent unique product.
Answer:
Sole proprietors and partners have unlimited liability. The unlimited liability means that if you're unable to repay the debts of the business, your creditors can go after whatever you own
The cumulative difference between reporting inventory at LIFO rather than FIFO is commonly referred to as the LIFO reserve
<h3>What is
LIFO reserve?</h3>
Generally, LIFO reserve is an accounting term that represents the difference between the cost of inventory calculated using the first-in, first-out (FIFO) method and the cost calculated using the last-in, first-out (LIFO) method for the purposes of bookkeeping.
In conclusion, The LIFO reserve is a term that is widely used to refer to the accumulated discrepancy that results from reporting inventory using the LIFO method rather than the FIFO method.
Read more about LIFO reserve
at brainly.com/question/28146683
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No, its not illegal to order a pizza for someone else
Answer:
0.259
Explanation:
difference in loan loss allowance in the year= 4.5-4.2= 0.3m
difference in non performing loans in the year= 6.2-5.8= 0.4m
Provision for loan loss= (difference in loan loss allowance + difference in non performing loans)/ net charge offs
provision for loan loss= (0.3+0.4)/2.7=0.259
