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2 years ago

While JIT systems have many benefits, they:______.

Business

2 answers:

Fiesta28 [93]2 years ago

5 0

Answer:

Option A

Make the logistics function more complicated

Explanation:

The JIT inventory system refers to the Just In Time inventory system.

The just-in-time (JIT) inventory system is a management strategy where warehousing of parts is minimum. Rather, the raw material supply is aligned accurately with the production schedule of a particular good.

For example, in car production, the various car parts are supplied by various manufacturers at just the right time so they can be assembled to make up the car in the assembly line. The car assembly companies may not necessarily have to store raw materials in their ware house since the raw materials arrive "Just in time".

However, aligning the supply of raw materials accurately with production time, is a complicated task especially when a lot of manufacturers are involved and can need to plant down time if care is not taken. This makes the logistics function more complicated.

Yuki888 [10]2 years ago

5 0

Answer:

The correct option is A, makes the logistics function more complicated

Explanation:

With immense benefits that come with just-in-time system of inventory management as no stock of inventory is required,one cannot shy away from its downside of making the logistics function more complicated.

When inventory are delivered in one fell swoop in a month cycle,logistics staff spent little time receiving it compared to when it is received per hour,making inventory recording and processes more cumbersome.

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Answer:

a. Wesley's recognized gain on the sale is $0.

b. Wesley's adjusted basis for the new residence is $325,000

c. Assume instead that the selling price is $800,000.

Wesley's recognized gain is $326,520, and his adjusted basis for the new residence is $325,000.

Explanation:

Wesley's actual gain = $363,000 - $21,780 - $600 - $300 - $800 - $200,000 = $139,520, but it can all be excluded using section 121.

If the selling price is $800,000;

Wesley's actual gain = $800,000 - $21,780 - $600 - $300 - $800 - $200,000 = $576,520, but he can exclude $250,000, so his recognized gain = $326,520

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2 years ago

The common stock of Royal Ranch House is selling for $20.23. The firm pays dividends that are expected to grow at a rate of 4.40

ElenaW [278]

20-(65)xy-mx+b might ce the ranch house stock

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2 years ago

TH Manufacturers expects to generate cash flows of $129,600 for the next two years. At the end of the two years the business wil

arsen [322]

Answer:

Vo = C1 + C2 + V2

1 + k (1 + K)2

Vo = $129,600 + $129,600 + $3,200,000

1 + 0.14 (1 + 0.14)2

Vo = $113,684.21 + $2,562,019.08

Vo = $2,675,703.29

The correct answer is C

Explanation:

The current value of the business equals cashflow in year 1 divided by 1 + K plus the aggregate of cashflow and sales value in year 2 divided by 1 + k raised to power 2.

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2 years ago

Windsor Hospital purchases $90,000 in surgical equipment on October 1, Year 1. The useful life is estimated to be 5 years, and t

AVprozaik [17]

Answer:

The depreciation expense for year 1 is $16,000

Explanation:

Depreciation: The depreciation was occurred due to tear and wear, obsolesce, time period, etc

Under the straight-line method, the depreciation should be charged with the same amount over the useful life.

The calculation is shown below:

= $\dfrac{(original\ cost - residual\ value)}{(useful \ life)}$

= $\dfrac{(\$90,000 - \$10,000)}{(5 \ years)}$

= $16,000

The depreciation should be charged for $16,000 in year 1. Moreover, it is shown in the income statement in the debit side and in the cash flow statement also.

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2 years ago

Exercise 2-54 (Static) Gross Margin and Contribution Margin Income Statements (LO 2-7) The following data are from the accountin

melamori03 [73]

Answer:

a. Prepare a gross margin income statement.

Sales revenue $264,000

Less Cost of Goods Sold

Cost of Goods Manufactured ($163,000)

Gross Profit $101,000

Less Expenses :

Variable marketing and administrative costs ($13,600)

Fixed marketing and administrative costs ($32,000)

Net Income/ (Loss) $55,400

b. Prepare a contribution margin income statement.

Sales revenue $264,000

Less Cost of Goods Sold

Cost of Goods Manufactured ($119,000)

Contribution $145,000

Less Expenses :

Fixed manufacturing overhead ($44,000)

Variable marketing and administrative costs ($13,600)

Fixed marketing and administrative costs ($32,000)

Net Income/ (Loss) $55,400

Explanation:

Manufacturing Costs Schedule - Absorption Costing

Direct materials $68,000

Direct labor $34,000

Variable manufacturing overhead $17,000

Fixed manufacturing overhead $44,000

Total Manufacturing Costs $163,000

This is the costs of sales for gross margin income statement.

Manufacturing Costs Schedule - Variable Costing

Direct materials $68,000

Direct labor $34,000

Variable manufacturing overhead $17,000

Total Manufacturing Costs $119,000

This is the cost of sales for contribution margin income statement.

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