1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
butalik [34]
2 years ago
7

Q 6.26: Early in 2022, Baker Company switched to a JIT (just-in-time) inventory system. Financial information for the two most r

ecent years is listed below: By how many days did the days in inventory ratio decrease as a result of the switch to the JIT system?
Business
1 answer:
kipiarov [429]2 years ago
7 0

Answer:

Incomplete question.

Explanation:

Now that using different inventory systems would result in a different value of the inventory.

For example, the JIT (just in time) system implies that the company request inventory just in time when they are needed for production or supply. It therefore means that the value of their inventory level using this method should be lesser, since Baker Company would only receive inventory of what it wants to utilize immediately.

You might be interested in
Residents of poor countries tend to have fewer automobiles per capita because Group of answer choices lower per capita real gros
Fantom [35]

Answer:

lower per capita real gross domestic product (GDP) growth rates allow for less spending on automobiles.

Explanation:

Gross Domestic Products (GDP) is a measure of the total market value of all finished goods and services made within a country during a specific period.

Simply stated, GDP is a measure of the total income of all individuals in an economy and the total expenses incurred on the economy's output of goods and services in a particular country.

Generally, the Gross Domestic Products (GDP) of a country's economy gives an insight to the social well-being of the country, such as;

Adjusting the Real gross domestic product (Real GDP) for price level changes by using a price index. This simply means, Real GDP is adjusted for inflation to measure the value of goods and services produced by a country in a specific period of time.

Mathematically, {Real GDP}=\frac{\text{Nominal GDP}}{\text{GDP deflator}}

Hence, residents of poor countries tend to have fewer automobiles per capita because lower per capita real gross domestic product (GDP) growth rates allow for less spending on automobiles.

4 0
2 years ago
Responsible boaters use cleaning products that won't harm lakes or rivers. which product is a responsible choice for cleaning yo
Stella [2.4K]
Keeping the boat you are riding clean is the most fundamental responsibility to do in order to maintain the structure and efficiency of the watercraft. In addition, its hull is at most important to be cleaned using detergents. Among this type of detergent that is commonly used in cleaning would be a non-phosphate detergent.
5 0
3 years ago
Read 2 more answers
The desire for a product class rather than for a specific brand is called __________ demand.
sveta [45]
The desire for a produsct class rather than for a specifik brand is called selective demand
8 0
2 years ago
In preparing its bank reconciliation for the month of April 2018, Coronado, Inc. has available the following information. Balanc
hoa [83]

Answer:

the adjusted cash balance as on April 30,2018 is $77,800

Explanation:

The computation of the adjusted cash balance as on April 30,2018 is as follows;

= Balance as per bank statement + deposit in transit - outstanding checks

= $78,800 + $9,300 - $10,300

= $77,800

Hence, the  adjusted cash balance as on April 30,2018 is $77,800

We simply applied the above formula so that the accurate value could arrive

4 0
2 years ago
The standard cost card for a product indicates that one unit of the product requires 8 kilograms of a raw material at $0.80 per
Likurg_2 [28]

Answer:

Direct material quantity variance= $992 unfavorable

Explanation:

Giving the following information:

Standard quantiy= 8kg

Standard cost= $0.8 per kilogram

Production= 870 unit

8,200 kilograms of the raw material was purchased for $6,888.

To calculate the material quantity variance, we need to use the following formula:

Direct material quantity variance= (standard quantity - actual quantity)*standard price

Standard quantity= 870*8= 6,960kg

Direct material quantity variance= (6,960 - 8,200)*0.8

Direct material quantity variance= $992 unfavorable

7 0
3 years ago
Other questions:
  • The Davis-Moore Thesis states: Group of answer choices That economic hardship and skyrocketing inflation is the cause for all so
    5·1 answer
  • After working for Stafford Automotive Group as an automotive technician for the last 4 years, Stan was promoted to the position
    11·1 answer
  • An assembly line manager changes the times she observes behavior to determine rewards for workers. One day, she observed employe
    14·1 answer
  • Corporate taxes Tantor​ Supply, Inc., is a small corporation acting as the exclusive distributor of a major line of sporting goo
    11·1 answer
  • Freddy is purchasing a new car, and he has decided that gas mileage, price, reliability, and styling are important to him. These
    7·1 answer
  • How much interest is paid on a 52,000 loan if the monthly payments are 450.23 for 30 years?h of these equations shows how instal
    9·1 answer
  • The unexpired insurance at the end of the fiscal period represents
    7·1 answer
  • XYZ Corporation produces and sells 10,000 units of Product X each month. The selling price is $40 per unit, and variable expense
    13·1 answer
  • You are the CFO of Rock Inc, a young start-up. The company has not generated positive cash flows for the past three years and yo
    7·1 answer
  • Evaluate the relevance of the following trading system/concepts:
    12·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!