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Brilliant_brown [7]
3 years ago
15

Consider a production line with three stations. The first station can process a unit in 10 minutes. The second station has two i

dentical machines, each of which can process a unit in 12 minutes (each unit only needs to be processed on one of the two machines). The third station can process a unit in 8 minutes. Which station is the bottleneck station? a. station 1 b. station 2 c. station 3
Business
1 answer:
Anton [14]3 years ago
4 0

Answer:

a. station 1

Explanation:

A bottleneck is basically the place or station where the production process is congested or delayed because that station lacks the capacity to process work. Bottlenecks are where queues are formed, and the whole process gets delayed.

In this case, station 1 can process 6 units per hour, station 2 can process 10 units per hour and station 3 can process 7.5 units per hour. The station that processes the least number of units is station 1, so that is the station that limits the whole production system. In this case, due to station 1's low processing capacity, a lot of idle time exists in the other 2 stations.

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Annika Company uses activity-based costing. The company has two products: A and B. The annual production and sales of Product A
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Answer:

b. $18.15

Explanation:

Toatal money spent on product A is:

Activity 1: 700/1000*18000 = $12600

Activity 2: 500/600*24000 = $20000

Activity 3: 800/1200*60000 = $40000

Total money spent on product A = $12600 + $20000 + $40000

                                                       = $72600

Total units of product A formed = 4000

Cost per product = $72600/4000 =  $18.15

Therefore, The cost per unit of Product A under activty-based costing is closest to  $18.15.

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3 years ago
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A perfectly competitive firm initially is earning a normal profit. Then, a decrease in demand for the firm's product occurs. Of
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Exit the market.

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Suppose there are X firms in a competitive market and they are all making normal profits. If the demand for their products decreases, some of the firms will start to sell less, which will result in lower profits or even losses. In the long run, those firms that experience lower sales resulting in lower profits or losses, will exit the market. Once these firms exit the market, the quantity supplied should decrease, which will result in a price increase.

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Your friend fills out their first tax form and is confused between adjusted and gross income. How can you explain the difference
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                                  Journal Entry

Date   Account Titles and Explanation         Debit          Credit

Jan 1   Cash                                                    $511,875

                Bond payable                                                  $450,000

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