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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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Assume that Bullen issued 12,000 shares of common stock with a $5 par value and a $47 fair value for all of the outstanding shar

bogdanovich [222]

Answer:

c. $524,000 and $250,000

Explanation:

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3 years ago

Read 2 more answers

Suppose management estimated the market valuation of some obsolete inventory at $99,000; this inventory was recorded at $120,000

Annette [7]

Answer:

a. An audit adjustment is needed since the best case scenario, where the net realizable value is highest would result in $92,000 - $5,000 = $87,000.

b. the value of inventory must decerase by $99,000 - $87,000 = $12,000, so COGS must increase by that amount:

Dr Cost of goods sold 12,000

Cr Merchandise inventory 12,000

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3 years ago

True or false: In the United States, inflation reached double-digit rates in the 1970s and early 1980s but has since declined an

Liono4ka [1.6K]

This is True that In the United States, inflation reached double-digit rates in the 1970s and early 1980s but has since declined and recently, has been relatively mild.

<h3>What is inflation?</h3>

A general increase in the cost of goods and services is referred to as inflation. Each unit of currency may purchase fewer products and services as the general price level rises, hence inflation is associated with a decline in the purchasing power of money.

When prices for goods and services increase rapidly, there is rapid inflation, which reduces the purchasing power of savings. Oil prices, currency speculators, rapacious businesspeople, and avaricious union leaders were held responsible for The Great Inflation.

Numerous businesses were destroyed and countless people were harmed by the Great Inflation and the recession that followed.

Cause for the decline in inflation:

Reduced government spending,
Stock market declines,
Consumer desire to save more money,
Tighter monetary regulations

When the economy's output expands more quickly than the amount of available credit and money, falling prices can also occur spontaneously

To know more about Inflation refer to: brainly.com/question/15692461

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1 year ago

Various financial data for the past two years follow. LAST YEAR THIS YEAR Output: Sales $ 200,000 $ 220,000 Input: Labor 30,000

Gelneren [198K]

Answer and Explanation:

1.Total productivity = output/input

For last year

Output = 200,000

Input = 30000+35000+5000+50000+2000

= 122000 dollars

Output/input = 200000/122000 = 1.64

For current year

Output = 220000

Input = 40000+45000+6000+50000+3000

= 144000

Output/input = 220000/144000

= 1.53

Percentage change = [(1.53-1.64)/11.64} x 100

= -6.70

Partial measure of labor

For last year

Output = 200000

Input = 30000

Output/input = 200000/30000 = 6.67

For current last

Output = 220000

Input = 40000

Output/input = 220000/40000

= 5.50

Percentage change = (5.5-6.67)/6.67*100

= -17.54%

Percentage measure of raw material

For last year

Output = 200000

Input = 35000

Output/input = 200000/35000 = 5.71

For current year

Output = 220000

Input = 45000

Output/input = 220000/45000 = 4.89

Percentage change = (4.88-5.71)/5.71 * 100

= -14.36%

Percentage measure of capital

For last year

Output = 200000

Input = 50000

Output/input = 200000/50000 = 4

Current year

Output = 220000

Input = 50000

Output/input = 220000/50000 = 4.40

Percentage change = (4.40 - 4.00)/4.40 x 100

= 10%

The overall percentage change for total productivity is negative, this tells us that productivity is on a decline. Partial measure of labor and raw material is decreasing but that of capital is increasing

6 0

3 years ago

10 . What kind of good is it? Determine whether each of the following goods is a private good, a public good, a common resource,

Kipish [7]

Answer:

Common resource

Private Good

Public Good

Explanation:

A common resource would be any limited commodity, including such water or farmland, which offers tangible advantages to consumers but which no one in specific owns or has sole rights to.

Private commodities are items that must be bought in order to be eaten, and one person's consumption forbids another individual from purchasing them.

Public good can contribute to: social interest, an useful that is both non-exclusive and non-rival.

5 0

3 years ago