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
babunello [35]
3 years ago
14

Wonk is a unique furniture company that design, builds, and retails in Brooklyn, NY. You can customize your design with creative

input, including personalizing items with wood and lacquer options or environmentally conscious materials and finishes, though the options are not unlimited. Wonk manufactures when an order is received. Wonk relies on
Business
1 answer:
Andrew [12]3 years ago
7 0

Answer:

Make-to-order manufacturing.

Explanation:

Different Production Types:

-Make to Stock

-Make to Order (MTO)

MTO is a production approach where products are not built until a confirmed order for products is received. Customers highly customized requests can be satisfied and reconnect the value chain to the customer.

Process characteristics:

-Each order is specific, cannot be stored in advance

-Process manger needs to maintain sufficient capacity

-Variability in both arrival and processing time

-Role of capacity rather than inventory

You might be interested in
On October 1, Black Company receives a 10% interest-bearing note from Reese Company to settle a $22,200 account receivable. The
lorasvet [3.4K]

Answer:

$555

Explanation:

The computation of the interest revenue is shown below:

= Account receivable  × rate of interest × number of months ÷ (total number of months in a year)

= $22,200 × 10% × (3 months ÷ 12 months)

= $2,220 × (3 months ÷ 12 months)

= $555

The three month is calculated from October 1 to December 31. The six month period of note is ignored

4 0
3 years ago
Hernandez Company had the following transactions during 2020, its first year in business:
Trava [24]

Question Completion:

Prepare Journal Entries.

Answer:

Hernandez Company

Journal Entries:

January 2 Debit Cash $1,512,000

Credit Common stock $630,000

Credit Additional Paid-in Capital-Common stock $882,000

To record the issuance of 42,000 shares of $15 par common stock for $36 per share.

April 3 Debit Cash $ 776,000

Credit Preferred stock $560,000

Credit Additional Paid-in Capital-Preferred stock $216,000

To record the issuance of 8,000 shares of $70 par preferred stock for $97 per share.

October 6 Debit Treasury Stock $30,000

Debit Additional Paid-in Capital-Common stock $28,000

Credit Cash $58,000

To record the repurchase of 2,000 shares of treasury stock for $29 per share.

December 9 Debit Cash $3,850

Credit Treasury stock $1,650

Credit Additional Paid-in Capital-Common stock $2,200

To record the reissuance of 110 shares of treasury stock for $35 per share.

Explanation:

a) Data and Analysis:

January 2 Cash $1,512,000 Common stock $630,000 Additional Paid-in Capital-Common stock $882,000

issuance of 42,000 shares of $15 par common stock for $36 per share.

April 3 Cash $ 776,000 Preferred stock $560,000 Additional Paid-in Capital-Preferred stock $216,000

issuance of 8,000 shares of $70 par preferred stock for $97 per share.

October 6 Treasury Stock $30,000 Additional Paid-in Capital-Common stock $28,000 Cash $58,000

repurchase of 2,000 shares of treasury stock for $29 per share.

December 9 Cash $3,850 Treasury stock $1,650 Additional Paid-in Capital-Common stock $2,200

re-issue of 110 shares of treasury stock for $35 per share.

4 0
2 years ago
Which two questions are good questions to ask in an informational interview?
PtichkaEL [24]
When your doing an interview never ask how much money do you make that will make them think that your there just for the money and not the job
6 0
3 years ago
Read 2 more answers
Someone who is a natural leader exhibits this Learning Pattern
konstantin123 [22]
Someone who is a natural leader exhibits this pearning pattern : Strong willed
learner.

-Hope this helps.
7 0
2 years ago
As the manager of High Speed Records, you have signed a new artist to the label. There are three different outcomes for investin
STatiana [176]

Answer:

0.2 or 20%

Explanation:

The three possible outcomes, with respective probabilities and returns, as follows

Outcome 1: Probability (P) = 0.35, Return (R) = 0.20

Outcome 2: Probability = 0.25, Return = 0.36

Outcome 3: Probability = 0.40, Return = 0.10.

The expected return will be computed as follows.

Expected Return = (P_{1} *R_{1})  + (P_{2} *R_{2}) + (P_{3} *R_{3})

= (0.35*0.20) + (0.25*0.36) + (0.40*0.10)

= 0.07 + 0.09 + 0.04

= 0.2

Therefore expected return = 0.2 or 20%

4 0
3 years ago
Other questions:
  • David and Sandra Dess contracted with Sirva Relocation, LLC, to assist in selling their home. In their contract, the Desses agre
    14·1 answer
  • Which of the following is an incorrect way to avoid struck-by rolling hazards?
    12·2 answers
  • More magazine is a publication designed to appeal to women aged 40 and over. demand for such magazines is an example of how chan
    11·2 answers
  • The last four years of returns for a stock are as​ follows: Year 1 2 3 4 Return −4.5​% 28.1​% 12.2​% 3.7​% a. What is the averag
    5·1 answer
  • An article in the Wall Street Journal discussed the views of Canadian Minister of Finance Joe Oliver on the effect of falling oi
    8·1 answer
  • The following information is available for Baker Industries: Cost of goods manufactured $ 320,000 Beginning finished goods inven
    15·1 answer
  • How to do presentation​
    14·1 answer
  • The FDIC in the United States insures some financial accounts up to what amount?
    10·1 answer
  • Diamond Boot Factory normally sells their specialty boots for $26 a pair. An offer to buy 70 boots for $18 per pair was made by
    5·1 answer
  • The Sky Blue Corporation has the following adjusted trial balance at December 31. Debit Credit Cash $ 1,230 Accounts Receivable
    11·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!