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zaharov [31]
3 years ago
7

If a process step has a LARGE setup time and a SMALL pure-processing time per unit, what batch size will result in the fastest c

ompletion of ALL of the units at this step? Assume there is only ONE resource at this step.
Business
1 answer:
Ksju [112]3 years ago
3 0

Answer:

A large batch

Explanation:

Batch processing is used by large businesses to automate production process in such a way that efficiency is achieved in the shortest time.

This requires processing of a set of products as opposed to individual transactions.

In the given scenario where a process step has a large setup time and a small pure-processing time per unit, it means that the time to set up the production process is much while the individual processing time per product is small.

A large batch will be best in this situation because once it is set up more product will be processed at once.

However if smaller batch was used the setup time will reoccur often and slow down the process.

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Gobblecakes is a bakery that specialized in cupcake. The annual fixed cost to make cupcake is $18,000. The variable cost includi
Brut [27]

Answer:

Gobblecakes is a bakery that specialized in cupcake. The annual fixed cost to make cupcake is $18,000. The variable cost including ingredients and labor to make a cupcake is $0.9. the bakery sell a cupcake for $3.2 a piece.If the bakery sells 12,000 cupcakes annually, determine the total cost, total revenue, and profit.

Total cost= variable cost + fixed cost

TC= 0.9+18,000

TC= $18,000.90

Total revenue= price X quantity of goods

TR= 3.2 X 12000

TR= $38,400

Profit= TR-TC

Profit= $38,400-$18,000.9

profit= $20,399.10

Explanation:

4 0
3 years ago
Cindy May​ Bakery, Inc. reported a​ prior-period adjustment in 2018. An accounting error caused net income of prior years to be
slava [35]

Answer:

Retained Earnings at December​ 31, 2018 is $89,000

Explanation:

Adjusted Retained Earnings at December​ 31, 2017​ = Retained Earnings at 31 December​ 2017​ - Overstated amount = $44,000 - $8,000 = 36,000

Retained Earnings for 2018 = Net income - dividend = $78,000 - $25,000 = $53,000

Cindy May​ Bakery, Inc.'s statement of retained earnings for the year ended December​ 31, 2018

Details                                                                                    $

Adjusted Retained Earnings at December​ 31, 2017​       36,000

Retained Earnings for 2018                                             <u> 53,000 </u>

Retained Earnings at December​ 31, 2018                     <u>  89,000 </u>  

4 0
3 years ago
11) Domergue Corp. currently has an EPS of $3.76, and the benchmark PE for the company is 21. Earnings are expected to grow at 5
balandron [24]

Answer:

(a) 78.96

(b) 82.99

(c) 5.10

Explanation:

The current stock price can be calculated as follows

= 3.76 × 21

= 78.96

The target stock price in one year can be calculated as follows

= 3.76(1+5.1%)×21

= 3.76×(1+0.051)×21

= 3.76×1.051×21

= 82.99

The implied return on company's stock over one year can be calculated as follows

= 82.99-78.96/78.96

= 4.03/78.96

= 0.0510× 100

= 5.10

8 0
3 years ago
On January 1, 2020, Pharoah Corporation redeemed $640,000 of bonds at 99. At the time of redemption, the unamortized premium was
marusya05 [52]

Answer:

The Journal entry is as follows:

Bonds Payable A/c Dr. $640,000

Premium on Bonds Payable A/c Dr. $19,200

               To Gain on Redemption of Bonds            $25,600

               To Cash                                                       $633,600

(To record the re-acquisition of the bonds)

Working notes:

Cash = $640,000 × 0.99

         = $633,600

7 0
3 years ago
What song lyric from the Rolling Stones expresses a powerful economic idea?
Kazeer [188]

Answer:

The correct answer is: "You can't always get what you want".

Explanation:

British well-known rock band "The Rolling Stones" was formed in 1962. Along their hits, we can identify "Paint it black", "Give me shelter", "Wild Horses", "Waiting on a friend" or "You can't always get what you want" (released in 1996) which is a song encouraging people to fight for what they want to achieve even if not all the time what is desired can be obtained.

3 0
4 years ago
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