Similar to manufacturing, services use methods that add value to the raw materials required to make the finished product. JIT emphasizes the process rather than the end result. Therefore, it may be applied to any set of processes, whether they are involved in manufacturing or providing services.
In the context of the industrial and service industries, the Just in Time (JIT) system: Companies use just-in-time (JIT) inventory strategies to boost productivity and cut waste by only ordering products when they are actually needed for manufacturing, which lowers inventory expenses.
Between service and manufacturing organizations, there are five key differences: the tangible nature of their output; production on demand or for inventory; production tailored to the needs of a particular customer; labour-intensive or automated operations; and the requirement for a physical production location.
In reality, though, service and industrial firms have a lot in common. Many manufacturers have their own service departments, and both industries need trained workers to run a successful organization.
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Answer:
$16,700
Explanation:
The computation of the ending balance in the allowance for doubtful account is shown below:
= Unadjusted credit balance + Net credit sales × estimated bad debt percentage
= $4,100 + $210,000 × 6%
= $4,100 + $12,600
= $16,700
We simply added the unadjsuted credit balance and estimated amount after considered the estimated bad debt percentage
Answer:
variable markup % = 60%
Explanation:
total units sold 22,000
total costs associated with selling the 22,000 units:
variable production costs $18 x 22,000 = $396,000
variable S&A costs $13 x 22,000 = $286,000
fixed overhead = $20,500
fixed S&A = $36,700
total costs = $739,200
total cost per unit = $33.60
selling price = $33.60 + $16 = $49.60
markup percentage = [(sales price - unit cost) / unit cost] x 100
the total markup % = [49.60 - 33.60) / 33.60] x 100 = 47.62%
but since we are going to calculate the markup percentage solely based on variable costs, then:
variable cost per unit = $31
selling price = $49.60
the variable markup % = [49.60 - 31) / 31] x 100 = 60%
when giving attitude-improving feedback to an employee, one should should deal with descriptions rather than judgements. This allows the person to have a detailed account of his/her attitude.
Judgements will raise critics and bias which will not help improve the attitudes of employees but rather cause stress and also affect their self esteem thereby affecting the work performance and decline in delivery.
On the other hand being descriptive is more optimistic and the employees can easily acknowledge their attitudes and take in account.
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Answer:
I would say it is A
Explanation:
i say this because everything is virtual now so therefore there are job applications online