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3 years ago

A product-focused process is commonly used to produce:

Business

2 answers:

oee [108]3 years ago

8 0

Answer: c. high-volume, low-variety products.

Explanation: A firm's process strategy is the approach it uses in transforming resources into goods and services. Product focus or continuous processes, are high volume, low variety processes used in the production of goods such as light bulbs, rolls of paper, beer, etc in facilities that require a high fixed cost, but low costs. The results in high facility utilization. The product focused processes apply only to service firms, not to manufacturers.

iogann1982 [59]3 years ago

7 0

Answer:

c. high-volume, low-variety products.

Explanation:

Product focused prodction is one that focuses on improving the product by arranging sets of people into production lines to increase efficiency of production.

Equipment and people are grouped based on products being produced. For example in a manufacturing plant assembly lines are formed that focuses on one product.

This tends to be used for products that have low differentiation and are to be produced on high volume.

Example automobile plants, clothing factories, and food factories.

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The Town of Conway opened a solid waste landfill in 1995 that is filled to capacity in the current year. The city initially anti

lisov135 [29]

Answer and Explanation:

Data provided

Initially anticipated closure costs = $2,000,000

The journal entry is shown below:-

Landfill Closure Liability Dr, $2,000,000

To Cash $2,000,000

(Being landfill closure liability is recorded)

Therefore we debited the landfill closure liability as it decrease the liability and we credited the cash as decreases the assets.

3 0

3 years ago

To display desserts in restaurants, Mario Sclafani ordered refrigeration units from Felix Storch, Inc. Felix faxed a credit appl

Maksim231197 [3]

Answer:

Who is the principal? 

Mario Sclafani

Who is the agent? 

The office worker

Explanation:

Sclafani is a disclosed administrator. Principals are responsible for agreements entered into by an agent when the principal approved the contract.

Whenever a third party, Felix in this scenario, signs a contract with a disclosed source, Sclafani in this case, who is responsible for the contract.

8 0

3 years ago

Dowell Company produces a single product. Its income statements under absorption costing for its first two years of operation fo

Kazeer [188]

Answer:

2016 = -$67,000

2017 = $393,000

Explanation:

The income statements for company for each of its first two years under variable costing is shown below:-

Dowell Company

Income statement

Variable costing

Particulars 2016 2017

Sales $966,000 $1,886,000

Less: Variable cost

Direct material $84,000 $164,000

(21,000 × $4) (41,000 × $4)

Direct labor $168,000 $328,000

(21,000 × $8) (41,000 × $8)

Variable overhead $189,000 $369,000

(21,000 × $9) (41,000 × $9)

Variable selling and

administrative expenses $42,000 $82,000

(21,000 × $2) (41,000 × $2)

Total variable cost $483,000 $943,000

Contribution margin $483,000 $943,000

(Sales - Contribution margin)

Less:

Fixed expenses

Fixed overhead $310,000 $310,000

Fixed selling and

administrative expenses $240,000 $240,000

Total of fixed expenses $550,000 $550,000

Net income (loss) -$67,000 $393,000

To determine the net income (loss) we simply deduct the contribution margin from total of fixed assets.

8 0

3 years ago

Assume that on July 1, Jerome, Inc., paid $100,000 to buy Potter's 8 percent, two-year bonds with a $100,000 par value. The bond

Alinara [238K]

Answer:

Dr Potter's 8% Bonds 100000

Cr Cash 100000

Dr Cash 4000

Cr Interest from Bonds 4000

Explanation:

Preparation of the journal entry to Complete the necessary December 31 entry to record

July, 1

Dr Potter's 8% Bonds 100000

Cr Cash 100000

(Being 8% Bonds purchased)

December, 31

Dr Cash 4000

Cr Interest from Bonds 4000

(100,000*8%*1/2)

(Being Interest received on 8% Bonds)

5 0

3 years ago

After earthquakes hit the California coast and damaged tens of thousands of cars, there was a growing demand and need for automo

Savatey [412]

Answer:

The answer is option C. car owners wanting car repairs and supply represented by automotive and glass repair and replacement companies.

Explanation:

After earthquakes hit the California coast and damaged tens of thousands of cars, there was a growing demand and need for automotive repair, glass replacement, dent repair and repainting.

Demand is a good or service that consumers are willing and able to purchase at various prices during a given period of time.

In this situation, the car owners are wanting car repairs will be willing to purchase glass and other damaged parts of the car, as well as pay for the services of repairs.

While the automotive and glass repair and replacement companies will handle the supplies and repairs.

4 0

3 years ago