Decreased inventory holding expenses and multiplied consumer pleasure can arise because of imposing just-in-time-diminished motivation.
Inventory refers to all the objects, items, products, and materials held by means of a business for selling inside the marketplace to earn an income. instance: If a newspaper dealer uses an automobile to deliver newspapers to the customers, only the newspaper may be considered stock. The automobile may be handled as an asset.
The 4 varieties of inventory most typically used are uncooked materials, paintings-In-process (WIP), finished goods, protection, restoration, and Overhaul (MRO). you may exercise better inventory manipulation and smarter stock control while you realize the type of inventory you have. the primary feature of inventory is to offer operations with ongoing delivery of materials. To gain this function efficaciously, your business must try to discover a sweet spot between an excessive amount and too little, without ever jogging out of inventory.
The three most normally used inventories are raw materials, paintings in development (WIP) inventory, and finished goods. inventory refers to all the products, gadgets, and materials bought or synthetic by way of a business for promoting to the purchaser to make a profit.
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Answer:
All of the answers are correct.
Explanation:
At the beginning of the accounting period a pre-determined overhead is computed by dividing the estimated overhead production by the estimated basis of operations. The default overhead rate is then applied to manufacturing, so that the standard cost for a product may be calculated
The purpose of using pretermined overhead rates are
Delays in product costing can be avoided
Variation in cost assignment due to seasonality can be prevented
Variation in cost assignment due to short-term variations in volume can be prevented
The Use of predetermined overhead rates serves all the above purposes
Hence, all answers are correct.
Answer:
The payments are all part of a LIQUIDATING DISTRIBUTION
Explanation:
The payments are all part of a LIQUIDATING DISTRIBUTION and not current distribution because a liquidation distribution can said to be a single distribution or one of a planned series of distributions that terminates a partner's entire interest in the partnership while Current distributions can be said to be all other distributions thay include those that reduce or decrease a partner's interest in the partnership.
Therefore in accordance with the liquidation, distribution laws Javier would have to recognize a gain or profit of $20,000 at the end of the year so to the fact that he only had $100,000 basis but is receiving $120,000 (12*10000).
Thus the partnership will not have to recognize a gain or a loss according to the information provided.
Answer:
c.
Explanation:
It is a very prestigious project for the company which involved suppliers and manufactures from many countries to work for the project. Though the project started with the aim of low budget, it went high by the end because of this outsourcing and large number of people working on the project.
Answer:
Book Value Per Common Share = $33.80
Explanation:
Book Value Per Common Share = Stockholders' equity - Shares * Call Price per shares) / Shares of common stock outstanding
= ($626,575 - 825*63) / 17000
= ($626,575 - $51,975) / 17,000
= $574,600 / 17,000
= $33.80