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Taya2010 [7]
3 years ago
7

Jones Retail. had the following balances and transactions during 2017:

Business
1 answer:
Elina [12.6K]3 years ago
7 0

Answer:

B $1,625

Explanation:

The computation of the ending inventory based on the lower-of-cost-or-market value is shown below:

The ending inventory units = Beginning inventory + purchase of inventory - selling units

= 15 units + 35 units - 25 units

= 25 units

So, the cost of ending inventory = ending inventory units × purchase price

= 25 units × $84

= $2,100

And, the market value equal to

= ending inventory units × replacement cost

= 25 units × $65

= $1,625

Based on the lower-of-cost-or-market value, the ending inventory would be $1,625

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Give an example of each of the manufacturing processes: Continuous Flow, Production Line, Batch, Job Shop and Fixed Position Lay
LenKa [72]

Answer:

Continuous Flow: Oil refining.  Chemicals.  Synthetic fibers.  Fertilizers.Pulp and paper. Blast furnace (iron) .Metal smelting. Power stations.

Batch Production :  Baked goods.  Clothing. Computer chips. Computer software.  Die- or mold-making. Electrical goods. Flat-pack furniture. Jet engine production.

Job shop  tool shop, a factory machining center, paint shops, a French restaurant, a commercial printing shop, and other manufacturers .

Fixed-position layout  construction (e.g., buildings, dams, and electric or nuclear power plants), shipbuilding, aircraft, aerospace, farming, drilling for oil, home repair, and automated car washes

Product Line  operations along the production line could include assembly, painting, drying, testing,

Explanation:

Continuous production is a flow production method used to manufacture, produce, or process materials without interruption.

Batch manufacturing is a style of manufacturing which compiles the different components of a product through step by step processes.  

A job shop is a type of manufacturing process structure where small batches of a variety of custom products are made.

In a fixed position layout, personnel, supplies, and equipment are brought to the site where the product will be assembled, rather than the product being moved through an assembly line or set of assembly stations

Product line. The item may move along some kind of conveyor, or be moved manually by staff or forklift.

4 0
3 years ago
In an electric motor, a commutator
Basile [38]

Answer:

ook

Explanation:

ook

4 0
2 years ago
These are the four stages of the business cycle:
Brut [27]

Answer:

IT'S D

Explanation:

ON EDGE2020

7 0
3 years ago
Value Catering uses two measures of activity, jobs and meals, in the cost formulas in its budgets and performance reports. The c
sertanlavr [38]

Answer:

$3,504

Explanation:

Catering supplies = $500 + $76 x j + $14 x m

where,

j = number of jobs in a month

m = number of meals in a month

therefore,

Planning budget for June, use the Actual number of jobs and meals into the formula (Actual Activity).

June Catering supplies = $500 + $76 x 13+ $14 x 144

                                       =  $3,504

Conclusion

The catering supplies in the planning budget for June would be closest to $3,504.

6 0
3 years ago
If you visit a Kentucky Fried Chicken restaurant in China, along with KFC's regular menu items, you will find congee, a rice por
Vitek1552 [10]

Answer:

C. Sell a product similar to that sold in the home country, but include minor adaptations.

Explanation:

Selling the regular menu along with dishes from the host country is an example of the strategy of selling a product similar to that sold in the home country, but include minor adaptations. This is an strategy that companies tend to use when going to other markets, because there are differences among them that include customs and culture, that can affect the way in which a product is perceived by people. In the food sector, these differences have a big impact as the food people eat in each country can be very different. So, when entering a new market, offering the regular menu the company has with dishes that are native to the home country can help to succeed in that specific market.

5 0
3 years ago
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