I don’t even know to be honest only commenting to get some points ....:
A type of production that focuses on making a large number of a few products rather than customer preferences is called mass production.
<h3>What is mass production?</h3>
Mass production is also referred to as continuous production or flow production and it can be defined as a type of production that focuses on manufacturing large quantities of a standardized product and it doesn't concern itself with customer preferences.
This ultimately implies that, mass production is mainly focused on making a large number of a few products rather than being focused on customer preferences. Also, the production is usually in a constant flow and automated by a mechanical process.
Read more on mass production here: brainly.com/question/744854
Answer:
The solution to the given problem is given below.
Explanation:
1. Do you believe that the company needs outside financing?
Yes, Company needs outside finance total $ 40,000 as $25,000 in month of Feb and $15,000 in month of Apr
il.
2. What is the minimum line of credit to request from a lender?
Minimum line of credit needed is $40,000
3. Do you think you are a good candidate for the line of credit? Why?
Yes, we are good candidate for line of credit because we can start repayment by May and repay by July and after repayment we will have ending March Cash balance $100,000
.
Detailed calculations are attached with the image.
Answer:
a small number of firms selling a homogeneous or a differentiated product
Explanation:
if this is one of the choices this is correct
Answer:
sales returns & allowance 2,000 debit
accounts receivables 2,000 credit
Inventory 500 debit
COGS 500 credit
-to record the return of goods from Jerry Hines--
Explanation:
As the returned goods are not reported as failure or malfunction just; the customer returned as exceeds his needs, we can return them to goods ready to sale thus; inside inventory account.
We will decrease the account receivable, our COGS and increase our inventory
