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aniked [119]
3 years ago
12

Of the manufacturing and production methods discussed this week (job production, batch production, flow production, mass customi

zation, continuous production, or hybrid processes) which one would you recommend for the product you chose and why?
Business
1 answer:
Dmitriy789 [7]3 years ago
6 0

Answer:

Let's say that the product is basic ibuprofen (Advil) pills. Since the product belongs to the pharmaceutical industry, it is required to have structured and often quality checks. Also, the product's structure or recipe can be easily changed by demanding guidelines (FDA). What's more, defects are very common if a certain substance goes over (or below) the required percent in the process.

Batch production is the best production method to use here, as it is basically production in groups (batches), where frequent control is provided. Also, in the case of a potential recall, it is easy to map the troublesome batch (due to the documentation, used materials and ingredients etc.).

You might be interested in
Pincus Associates uses the allowance method to account for bad debts. During 2021, its first year of operations, Pincus provided
Luba_88 [7]

Answer:

Pincus Associates

Journal Entries:

a. Debit Allowance for Uncollectibles $4,800

Credit Accounts Receivable $4,800

To write off uncollectible accounts.

b. Debit Bad Debts Expense $5,470

Credit Allowance for Uncollectibles $5,470

To record bad debts expense for the period.

Explanation:

a) Data and Calculations:

Services on account = $119,000

Uncollectibles written off = $4,800

Cash collections on accounts = $100,800

Accounts receivable balance = $13,400 ($119,000 - 4,800 - 100,800)

Estimated uncollectible allowance = 5% of accounts receivable balance

= $670 ($13,400 * 5%)

Analysis:

a. Allowance for Uncollectibles $4,800 Accounts Receivable $4,800

b. Bad Debts Expense $5,470 Allowance for Uncollectibles $5,470 ($4,800 + $670)

4 0
3 years ago
Ralph buys a perpetuity due paying 500 annually. He deposits the payments into a savings account earning interest at an effectiv
Leto [7]

Answer:

X = 1523

Explanation

Perpetuity due = (C/r) + C. Where Annual payment C =500, Annual effective interest rate = 10%

Perpetuity due = (500/10%) + 500 = 5500

Value of perpetuity due will remain same after 10 years

Money in saving account can be calculated with FV of an Annuity due formula

FV = C*(1+r) *{(1+r) ^n−1} / r

Where n = 10 years

FV = 500*(1+10%) * {(1+10%)^10 - 1} / 10%

FV = 500*1.10 * [1.10^10 - 1 / 0.10}

FV = 550 * 1.5937424601/0.10

FV = 550 * 15.937424601

FV = 8765.58353055

FV = 8766

Total proceeds = 5500 + 8766 = 14266

Now this proceed is the present value for annual payment of X calculation  . Formula of the present value (PV) of annuity due: PV = X * [1- (1+r) ^-n / r] * (1+r) : Where  PV = 14266, Annuity payment X = ?, Interest rate r = 10%, Period of annuity = 20 years.

1.10^-20

PV = X * [1- (1+r)^-n / r] * (1+r)

14266 = X * (1 - (1+10%)^-20 / 10%) * (1+10%)

14266 = X * [1 - 0.14864362802/0.10]*1.10

14266 = X * [8.5135637198*1.10]

14266 = X * 9.3649

X = 14266 / 9.3649

X = 1523.347820051469

X = 1523

3 0
3 years ago
The year-end adjusted trial balance of Hilltoppers Corporation included the following account balances: Cash, $3,600; Equipment,
Galina-37 [17]

Answer:

Explanation:

The preparation of the post-closing trial balance is presented below:

                                        Hilltoppers Corporation

                                     Post-closing trial balance

Particulars                                      Debit                        Credit  

Service revenue                                                               $14,600  

Cash                                               $3,600

Accounts Payable                                                           $1,600

Utilities expense                            $2,600

Salaries expense                           $9,600

Equipment                                      $15,600

Common stock                                                                 $12,000

Retained earnings                                                            $4,400

Dividend                                         $1,200                                    

Total                                               $32,600                     $32,600

4 0
3 years ago
The government claimed that, to illegally control the market, Microsoft used
nalin [4]

Answer:

B. Predatory pricing and buying out competitors

5 0
3 years ago
Maker Co. discovered that in the prior year it incorrectly calculated depreciation expense and reported $75,000 in depreciation
WARRIOR [948]

Answer:

The correct answer is D.

Explanation:

Giving the following information:

Maker Co. discovered that in the prior year it incorrectly calculated depreciation expense and reported $75,000 in depreciation expense instead of the correct depreciation expense of $50,000. The tax rate for the current year was 35%.

We need to calculate two different impacts:

Accumulated depreciation= actual depreciation - original depreciation

Accumulated depreciation= 50,000 - 75,000= 25,000 overstated

Now, the effect on income:

Savings in tax= 25,000*0.35= $8,750

7 0
3 years ago
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