The eight types of waste in lean manufacturing include all of the following except verifying and checking.
<h3>How to illustrate the information?</h3>
Lean manufacturing is a production method that is aimed at reducing response times within the production system from the suppliers and to customers.
It should be noted that the types of waste include :
- Transport.
- Inventory.
- Motion.
- Waiting.
- Overproduction.
- Overprocessing.
- Defects.
- Unutilized talent.
Therefore, verifying and checking isn't an option.
<u>Complete question:</u>
The eight types of waste in lean manufacturing include all of the following except:
Transport and Inventory.
Motion and Waiting.
Overproduction and Overprocessing.
Defects and Unutilized talent.
Verifying and Checking.
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Answer:
The tax for all five cases is as calculated in the attached figure.
Explanation:
The calculation of tax for individual income is calculated as attached in the excel file screen shot. As year is not mentioned, the tax tables are used for 2015 (As observed by finding a reference question).
Net Taxable Income: |$62449
Dividend: |$ (560)
--------------------------------------------
Taxable Income |$ 61889
(excluding dividend) |
For income bracket | Tax Rate | Tax Amount
(0-18450) | 10% of Income | 18450*10%= $1845
(18451-74900) | 15% of Income | (61889-18450)*10%= $6525.85
Total Tax (Less Dividend) | $ 8360.85
Tax on Dividend is given as
0% for Income less than 74900. As income is less than the value so the dividend tax is 0.
Total Tax=Tax(less dividend)+Tax(dividend)
Total Tax=$ 8360.85
The other entries are calculated using the same in the excel and the screenshot is attached below.
Answer:
The answer is "Whenever a court requires him to use the res ipsa loquitur doctrine, he possibly would succeed".
Explanation:
Res ipsa loquitur is also an English common law doctrine which claims in an action for tort, throughout the absence of direct proof on whether any defendant acted, a jury may conclude neglect of the nature of an illness or incident. It is used in circumstances in which the complainant is not presented sufficient proof that the offender is not liable.
Answer:
B) debit Retained Earnings $ 200,000 and credit Common Stock $ 200,000
Explanation:
The dividends will increase the common stock account and decrease retained earnings. Dividends are always paid with retained earnings.
Since this is a large stock dividend (40% of new stocks are going to be issued), the transaction must be recorded at par value.
The total dividends declared = 50,000 shares x $10 x 40% = $200,000
The journal entry should be:
Dr Retained earnings 200,000
Cr Common stock 200,000
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