1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Gekata [30.6K]
2 years ago
15

Bell Co. changed from a traditional manufacturing philosophy to a just-in-time philosophy. What are the expected effects of this

change on Bell’s inventory turnover and inventory as a percentage of total assets reported on Bell’s balance sheet?
A. Decrease, Decrease
B. Decrease ,Increase
C. Increase, Decrease
D. Increase, Increase
Business
1 answer:
kotykmax [81]2 years ago
7 0

Answer:

C. Increase, Decrease

Explanation:

Inventory turnover is increased because there are very low or almost nill Closing inventorya as we divide the cost of goods sold with a lower number. Inventory as a percentage to total asset will be decrease because there will be a lower value ofinventory in the balance sheet. Comparing it with total value of asset tells us the percentage of total asset.

You might be interested in
Youngstown Glass Company manufactures three types of safety plate glass: large, medium, and small. All three products have high
Ann [662]

Answer:

                                                           Large    Medium    Small

Unit selling price                                 $184      $160       $100

Unit variable cost                                  130        120          76

Unit contribution margin                     $54        $40        $24

Autoclave hours per unit                       3            2              1

Total process hours per unit                 5            4              2

Budgeted units of production           3,000     3,000    3,000

a. Determine the contribution margin by glass type and the total company income from operations for the budgeted units of production.

  • total contribution margin for large safety plate glasses = $54 x 3,000 = $162,000
  • total contribution margin for medium safety plate glasses = $40 x 3,000 = $120,000
  • total contribution margin for small safety plate glasses = $24 x 3,000 = $72,000

b. Prepare an analysis showing which product is the most profitable per bottleneck hour.

contribution margin per autoclave hour:

  • large safety plate = $54 / 3 = $18 per autoclave hour
  • medium safety plate = $40 / 2 = $20 per autoclave hour
  • small safety plate = $24 / 1 = $24 per autoclave hour ⇒ MOST PROFITABLE PRODUCT PER AUTOCLAVE HOUR (BOTTLENECK)

7 0
2 years ago
Given the following data for Harder Company, compute cost of goods manufactured: Direct materials used $120,000 Beginning work i
il63 [147K]

Answer:

c. $480,000

Explanation:

Cost of goods manufactured        $

Direct materials used               120,000

Direct labor                               200,000

Manufacturing overhead         150,000

Beginning work in process      20,000

Ending work in process          <u> 10,000  </u>

Cost of goods manufactured <u> 480,000 </u>

So, Correct option is c. $480,000

4 0
3 years ago
Fulbright Corp. uses the periodic inventory system. During its first year of operations, Fulbright made the following purchases
Firlakuza [10]

Answer:

The correct answer is B.

Explanation:

Giving the following information:

Purchases:

40 units at $100·

70 units at $80·

170 units at $60

Sales for the year totaled 270 units, leaving 10 units on hand at the end of the year.

First, we need to calculate the average purchase cost.

Average cost= (100*40 + 80*70 + 60*170)/280= $70.7

Now, we can calculate the value of ending inventory:

Inventory= $70.7*10= $707

7 0
3 years ago
Changes in accounting estimates are: Multiple Choice Extraordinary items. Accounted for with a cumulative "catch-up" adjustment.
Tom [10]

Answer:

The answer is D. Accounted for in current and future periods.

Explanation:

A change in accounting estimate is an adjustment of the carrying value of an asset or liability arising from reassessing the expected future economic benefits and obligations associated with that asset or liability.

Changes in accounting estimates must be shown in the accounting period in which the estimates are revised and periods after i.e accounted for prospectively. Example is a change in useful life and salvage value of a fixed asset

4 0
3 years ago
Select True or False.
m_a_m_a [10]

Answer:

False.

Explanation:

Wholesalers are used to sell consumer products.. but not business products.

6 0
2 years ago
Other questions:
  • A company’s past experience indicates that 60% of its credit sales are collected in the month of sale, 30% in the next month, an
    15·1 answer
  • You are assigned to weigh mrs. abrera using an electronic scale. when you plug the unit into the outlet, a spark shoots out. the
    12·1 answer
  • “The outstanding faults of the economic society in which we live are its failure to provide for full employment and its arbitrar
    13·1 answer
  • The following information is from ABC Company's general ledger: Beginning and ending inventories, respectively, for raw material
    5·1 answer
  • Using the following information, prepare a vertical analysis of two years' income statements. Fees Earned is $153,500 for Year 2
    14·1 answer
  • "Product planners need to think about products and services on three levels. The most basic level is the ________, which address
    7·1 answer
  • If product costs are misclassified as selling costs, the average cost per unit will be understated.a. Trueb. False
    6·1 answer
  • Suppose the Alpha Manufacturing Corporation is experiencing extreme financial difficulties and is considering bankruptcy. Its sh
    11·1 answer
  • In an economy open to international trade ________.
    13·1 answer
  • Explain how maintaining a provision for doubtful debts is an application of the principle of Matching
    5·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!