If you encounter a process that has limited flexibility, shorter lead times, and cheaper products, customization most likely is occuring:

Answers

Answer 1

Answer: late in the supply chain

Explanation:

Assemble to order refers to a strategy whereby the products ordered by customers are manufactured quickly while they are customizable to an extent

Even though the basic parts of the product are manufactured already, they're not yet assembled until an order comes in.

If a process that has limited flexibility, shorter lead times, and cheaper products, customization most likely is occuring late in the supply chain.

Answer 2

In a situation where a process with limited flexibility, shorter lead times, and cheaper products, customization of the product or service will most likely occur D. Late in the Supply Chain

Given the process's limited flexibility and shorter lead times, customization, which is a process that tailors a product or service to meet specific customer's or market's demands, cannot occur early, at every step of the Supply Chain, or before procurement of raw materials.

Thus, customization occurs later in the Supply Chain when the goods are about to be delivered to the customer because delivery and satisfying customers or the market are the ultimate goals of any Supply Chain management.

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Related Questions

pllzzzzzzzzzzzzzzzzz ​

Answers

Answer:

liability risk

Explanation:

Answer:

liability risk is right opstion

MC Qu. 71 Benjamin Company had the following results... Benjamin Company had the following results of operations for the past year: Sales (16,000 units at $9.95) $159,200 Direct materials and direct labor$95,200 Overhead (20% variable) 15,200 Selling and administrative expenses (all fixed) 31,900 (142,300) Operating income $16,900 A foreign company (whose sales will not affect Benjamin's market) offers to buy 3,900 units at $7.39 per unit. In addition to variable manufacturing costs, selling these units would increase fixed overhead by $590 and selling and administrative costs by $290. Assuming Benjamin has excess capacity and accepts the offer, its profits will:

Answers

Answer:

Benjamin Company

Assuming Benjamin has excess capacity and accepts the offer, its profits will increase by:

= $3,995.

Explanation:

a) Data and Calculations:

Sales (16,000 units at $9.95)                          $159,200

Direct materials and direct labor                     $95,200

Overhead (20% variable)                                    15,200

Selling and administrative expenses (all fixed) 31,900

Total expenses                                                (142,300)

Operating income                                            $16,900

Relevant costs:

Direct materials and direct labor                     $95,200

Variable Overhead (20% variable)                       3,040 ($15,200 * 20%)

Total expenses                                                  (98,240)

Variable cost per unit = $6.14 ($98,240/16,000)

Additional costs:

Fixed overhead                                                        590

Selling and administrative expenses (all fixed)     290

Accepting the offer:

Revenue from offer =       $28,821 (3,900 * $7.39)

Costs:

Variable cost                    $23,946 (3,900 * $6.14)

Additional cost:

Fixed overhead                      590

Selling and

administrative expenses      290

Total costs on the offer $24,826

Increase in profits =         $3,995

Standard Quantities Allowed of Labor and Materials Miel Company produces ready-to-cook oatmeal. Each carton of oatmeal requires 18 ounces of rolled oats per carton (the unit quantity standard) and 0.05 labor hour (the unit labor standard). During the year, 750,000 cartons of oatmeal were produced. Required: 1. Calculate the total amount of oats allowed for the actual output. fill in the blank 1 ounces 2. Calculate the total amount of labor hours allowed for the actual output. fill in the blank 2 hours

Answers

Answer:

13,500,000 ounces of oatmeal37,500 labor hours

Explanation:

1. Total amount of oats allowed for the actual output:

= Cartons of oatmeal produced * Oatmeal per carton

= 750,000 * 18

= 13,500,000 ounces of oatmeal

2. Labor hours allowed for actual output:

= Cartons of oatmeal produced * Labor hours required

= 750,000 * 0.05

= 37,500 labor hours

When a company has established separate manufacturing overhead rates for each department, it is using:_______.
a. departmental overhead rates.
b. cost distortion.
c. a plant-wide overhead rate.
d. lean thinking.

Answers

Answer:

Departmental overhead rates

Department overheard rates

Assume a firm generates $2,500 in sales, has a $800 increase in accounts receivable and has a $500 increase in accounts payable during an accounting period. Based solely on this information, cash flow from operations will increase by:

Answers

Answer:

Cash flow from operations will increase by $2,200.

Explanation:

The amount of increase in cash flow from operations can be calculated as follows:

Increase in cash flow from operations = Sales - Increase in accounts receivable + Increase in accounts payable …………… (1)

Sales = $2,500

Increase in accounts receivable = $800

Increase in accounts payable = $500

Substituting the values into equation (1), we have:

Increase in cash flow from operations = $2,500 - $800 + $500 = $2,200

Therefore, cash flow from operations will increase by $2,200.

Lopez Company has a single employee, who earns a salary of $60,000 per year. That employee is paid on the 15th and last day of each month. On January 15, based, in part, on the information set forth in the accounting records, the following must be withheld from the employee's pay: FICA—Social Security Taxes (at 6.2%), FICA—Medicare Taxes (at 1.45%), Employee Federal Income Taxes (in the amount of $400), Employee State Income Taxes (in the amount of $25), and Employee Medical Insurance (in the amount of $100). (The employee‘s paycheck has not yet been prepared.) Entries to prepare the January 15 journal entry for Lopez would include:

Answers

Answer:

Debit Salaries Expense $2,500

Credit FICA—Social Security Taxes Payable $155

Credit FICA—Medicare Taxes Payable $36.25

Cedit Employee Federal Income Taxes Payable $400,

Credit Employee State Income Taxes Payable $25

Credit Employee Medical Insurance Payable r $100

Credit Salaries Payable $1,783.75

Explanation:

Preparation of the January 15 journal entry for Lopez

January 15

Debit Salaries Expense $2,500

Credit FICA—Social Security Taxes Payable $155

(6.2%*$2,500)

Credit FICA—Medicare Taxes Payable $36.25

(1.45%*$2,500)

Cedit Employee Federal Income Taxes Payable $400,

Credit Employee State Income Taxes Payable $25

Credit Employee Medical Insurance Payable r $100

Credit Salaries Payable $1,783.75

($2,500-$155-$36.25-$25-$100)

which of following budget would not be prepared by a retailer? Administrative, Sales, cash, production.

Answers

Answer:

Production.

Explanation:

A budget is a financial plan used for the estimation of revenue and expenditures of an individual, organization or government for a specified period of time, often one year.

Basically, budgets are usually compiled, analyzed and re-evaluated on periodic basis.

The key principle of supply chain management can be best summed up as collaboration between multiple firms. Thus, these multiple firms include a company that is saddled with the responsibility of manufacturing, a wholesaler, and a retailer who typically sells the products to the customers or consumers.

A retailer can be defined as an individual or company that buys finished goods directly from a wholesaler and sells directly to the end users (consumers).

In this context, a retailer would prepare an administrative, sales and cash budget but certainly wouldn't prepare a production budget because retailers aren't saddled with the responsibility of producing goods.

Simply stated, a production budget would be prepared by a manufacturer or producer.

The process of acquiring political beliefs is called political socialization.
true or false

Answers

True

Political socialization is the "process by which individuals learn and frequently internalize a political lens framing their perceptions of how power is arranged and how the world around them is (and should be) organized; those perceptions, in turn, shape and define individuals' definitions of who they are and how they should behave in the political and economic institutions in which they live

MC Qu. 47 Chang Industries has... Chang Industries has 2,800 defective units of product that have already cost $14.80 each to produce. A salvage company will purchase the defective units as they are for $5.80 each. Chang's production manager reports that the defects can be corrected for $5.20 per unit, enabling them to be sold at their regular market price of $22.60. The incremental income or loss on reworking the units is:

Answers

Answer:

$32,480

Explanation:

Calculation to determine what The incremental income or loss on reworking the units is:

First step is calculate the Net benefit per unit to rework

Incremental revenue from reworking $16.80

($22.60 - $5.80)

Less Incremental cost to rework ($5.20)

Net benefit per unit to rework $11.60

Now let calculate the Incremental income from reworking

Incremental income from reworking= ($11.60 * 2,800 units)

Incremental income from reworking=$32,480

Therefore The incremental income or loss on reworking the units is:$32,480

If workers are more productive, the increase may not be reflected on the static budget variance if there were also:__________
A. Greater sales than planned
B. Less sales than planned
C. Greater production than planned
D. Less production than planned
E. None of the above Clear my choice

Answers

Answer:

abcde

Explanation:

abcde...................................................

Suppose ABCD's stock price is currently $50. In the next six months, it will either fall to $40 or rise 8 to $60. What is the current value of a six-month call option with an exercise price of $50? The six- month risk-free interest rate is 2% (periodic rate).
A. $5.39
B. $15.00
C. $8.25
D. $8.09

Answers

The answer is B. $15.00

In the Month of March, Chester received orders of 81 units at a price of $15.00 for their product Creak. Chester uses the accrual method of accounting and offers 30 day credit terms. Chester delivers 81 units in April. They received payment for 41 units in March, and 41 units in April. In the March income statement, how much revenue is recognized on the March income statement from this order

Answers

Answer:

Chester Corporation

Revenue for March Income Statement for this order = $0

Revenue for April Income Statement for this order = $1,215

Explanation:

a) Data and Calculations:

March: orders of 81 units at a price of $15 received = $1,215

Credit terms = 30 days

April, delivery of 81 units

March, payment for 41 units received

April, payment for 41 units received

In the March income statement, no revenue is recognized on the March Income Statement from this order because the delivery is for April.  All revenue will be accounted for in April.

On StatSim, how does a firm get their market share to increase?

Answers

Answer:

I need some points please

Fender Manufacturing Company needs to know its anticipated cash inflows for the next quarter by month. Cash sales are 10% of total sales each month. Historically, sales on account have been collected as follows: 50% in the month of the sale, 35% in the month after the sale, and the remaining 15% two months after the sale. Sales for the quarter are projected as follows:

January: $60,000
February: $30,000:
March: $90,000.

Accounts receivable on December 31 were $45,000. The expected cash collections of Fender Manufacturing Company for March are:_________

Answers

Answer:

Fender Manufacturing Company

The expected cash collections of Fender Manufacturing Company for March is:

= $58,050

Explanation:

a) Data and Calculations:

Cash sales = 10% of total sales

Credit sales = 90% (100% - 10%)

Cash collections from credit sales:

Month of the sale (50%)

Month after the sale (35%)

Two months after (15%)

Accounts receivable on December 31 = $45,000

                                             January     February        March

Projected sales                   $60,000     $30,000     $90,000

Cash sales                            $6,000        $3,000       $9,000

Credit sales                        $54,000      $27,000      $81,000

Cash collections from credit sales:

Month of the sale (50%)   $27,000       $13,500     $40,500

Month after the sale (35%) 31,500          18,900         9,450

Two months after (15%)                           13,500          8,100

Cash collections from credit sales                         $58,050

The expected cash collections of Fender Manufacturing Company for March =

Cash collections from credit sales     $58,050

Cash sales                                               9,000

Total cash receipts for the month     $67,050

Suppose a farmer wants to borrow $176,590.00 to buy a tract of land. The BCS bank will make a 22-year loan fully amortized at 6.19% (annual payments). A $443.00 loan fee and stock purchase is required. The borrower stock requirement is the lesser of $1,000 or 3.00% of loan amount.
(i) Calculate the loan principal.
a. $181,521.05 b. $178,089.12
c. $182,508.25 d. $178,033.00
Enter Response Here:
(ii) Calculate the required stock purchase.
a. $5,340.99 b. $1,000.00
c. $5,274.64 d. $1,760.24
Enter Response Here:
(iii) Calculate the annual loan payments.
a. $15,032.59 b. $15,037.33
c. $15,410.47 d. $15,327.12

Answers

Answer:

A Farmer

i) Loan principal = $178,033 ($176,590 + $443 + $1,000)

ii) Required stock purchase = $1,000

iii) Annual loan payment (fully amortized at 6.19%) is:

= a. $15,032.59

Explanation:

a) Data and Calculations:

Required loan amount = $176,590.00

Period of loan = 22 years

Interest rate = 6.19%

Loan fee = $443.00

Stock purchase = lesser of $1,000 or 3.00% of loan amount

= lesser of $1,000 or $5,297.70 ($176,590 * 3%)

i) Loan principal = $178,033 ($176,590 + $443 + $1,000)

ii) Required stock purchase = $1,000

iii) Annual loan payment (fully amortized at 6.19%) = $15,030 approximately :

(# of periods)  22

I/Y (Interest per year)  6.19

PV (Present Value)  178033

FV (Future Value)  0

PMT = $15,030.02

Sum of all periodic payments $330,660.34

Total Interest $152,627.34

Kim Thorsten uses rationale to make decisions for project implementation. She believes that the right decisions can be made only through analysis and examination. Each time she needs to make a decision, she weighs all options before taking action. Which of the following is a characteristic of Thorsten's personality type according to the Myers-Briggs Type Indicator (MBTI) classification?
a. intuitive
b. thinking
c. introverted
d. perceiving
e. feeling

Answers

Answer: b. thinking

Explanation:

Kim Thorsten has the personality type known as thinking. People like her are logical when they make decisions which means that they rely less on emotion and use rationale and evidence to make decisions.

These people are pragmatists and will only make a decision that they believe is objectively the best one after considering other options. This is what Kin does and why she is under thinking.

There are hundreds if not thousands of wineries. Each winery tries to emphasize how their product is superior to others, though they are all close substitutes. Barriers to entry are low in this industry, and profits for new entrants are small. Which industrial model best fits the wine market

Answers

Answer: Monopolistic competition

Explanation:

Based on the information given in the question, the industrial model that best fits the wine market is a monopolistic competition.

Monopolistic competition refers to a form of imperfect competition whereby there are many producers that are competing against each other. They sell differentiated products, therefore the products are not perfect substitutes

In a monopolistic competition, the barriers to entry are low in this industry, and profits for new entrants are small. The firms in the industry possess some market power and therefore can charge a price that's higher price than a competitor. It should also be noted that a zero economic profit is earned in the long run.

Journalize the entries for the following transactions:
Mar. 1 Established a petty cash fund of $771.
31 The amount of cash in the petty cash fund is now $632. The fund is replenished based on the following receipts: office supplies, $33 selling expenses, $113.
Record any discrepancy in the cash short and over account. If an amount box does not require an entry, leave it blank.

Answers

Answer:

Mar 1

Dr Petty Cash $771.00

Cr Cash $771.00

Mar 31

Dr Office Supplies $33.00

Dr Selling Expenses 113.00

Cr Cash Short and Over $27.00

Cr Cash $119.00

Explanation:

Preparation of the entry to Record any discrepancy in the cash short and over account.

Mar 1

Dr Petty Cash $771.00

Cr Cash $771.00

(To record petty cash)

Mar 31

Dr Office Supplies $33.00

Dr Selling Expenses 113.00

Cr Cash Short and Over $27.00

[($33+$133+$632)-$771]

Cr Cash $119.00

(33+$133-$27)

(To Record discrepancy in the cash short and over account)

Edgar accumulated $5,000 in loan debt. If the interest rate is 20% per year and he does not make any payments for 2 years, how much will he owe on this debt in 2 years for quarterly compounding? Round your answer to the nearest cent Do NOT round until you calculate the final answer.

Answers

Answer:

Edgar

The amount he will owe on this debt in 2 years for quarterly compounding is:

= $7,387.28

Explanation:

Accumulated loan debt = $5,000

Interest rate per year = 20%

Period of loan = 2 years

Interest compounding = quarterly

From an online financial calculator:

N (# of periods)  8

I/Y (Interest per year)  20

PV (Present Value)  5000

PMT (Periodic Payment)  0

Results

FV = $7,387.28

Total Interest $2,387.28

Which of the following is true of website content?


A. It should be refreshed periodically to keep customers coming back.
B. Once the content has been written and proofread it shouldn't be changed.
C. Grammatical errors are not a problem because the customer visits the site to purchase a product, not check the site's grammar.
D. It should be limited to text and shouldn't include multimedia.

Answers

Answer:

The Answer: A

Explanation:

Because if you are going to put up a business website you need to keep refreshing it and putting new things onto the website in order for you to have customers because if you dont have anything new in stock people arent gonna wanna keep coming back and using the same product they are going to go to a different website where there is a wider variety of things to purchase.

Hope this helps!

Marconi Co. has the following information available for the current year:

Net Sales (all on credit) $1,125,000
Bad Debt Expense 90,000
Accounts Receivable, Beginning of Year 180,000
Accounts Receivable, End of Year 82,500
Allowance For Doubtful Accounts, Beginning of Year 57,000
Allowance For Doubtful Accounts, End of Year 77,000

Required:
What was the amount of write-offs during the year?

Answers

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Which company re locate in the us ?

Answers

walmart, hole this helps

Advantages of the corporate form include all of the following except: A. shares can be purchased in small amounts. B. ownership interests are transferrable. C. easy to raise capital. D. legal liability of its owners is unlimited.

Answers

D. Legal liability of its owners is u limited

Statement that does not describes Advantages of the corporate form is D: legal liability of its owners is unlimited.

A corporation serves as a business set up whereby the legal entity is been separated from  from its owners.

Advantages of this setting is that shares can be purchased in small amounts and it allows transfer of ownership interests and it is very easy to raise capital in this setting.

Therefore, option D is correct.

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Below is budgeted production and sales information for Flushing Company for the month of December. Product XXX Product ZZZ Estimated beginning inventory 29,000 units 18,500 units Desired ending inventory 34,800 units 15,100 units Region I, anticipated sales 344,000 units 273,000 units Region II, anticipated sales 192,000 units 143,000 units The unit selling price for product XXX is $5 and for product ZZZ is $16. Budgeted production for product ZZZ during the month is a.416,000 units b.412,600 units c.599,800 units d.431,100 units

Answers

Answer:

The correct option is b.412,600 units.

Explanation:

Given:

                                                            Product XXX           Product ZZZ

Estimated beginning inventory          29,000 units            18,500 units

Desired ending inventory                    34,800 units            15,100 units

Region I, anticipated sales                344,000 units          273,000 units

Region II, anticipated sales               192,000 units           143,000 units

Therefore, we have:

Estimated beginning inventory for product ZZZ = 18,500 Units

Desired ending inventory for product ZZZ = 15,100 Units

Total anticipated sale at regions I and II= Region I, anticipated sales + Region II, anticipated sales = 273,000 + 143,000 = 416,000 units

Budgeted production for product ZZZ during the month = Total anticipated sale at regions I and II + Desired ending inventory for product ZZZ - Estimated beginning inventory for product ZZZ = 416,000 + 15,100 - 18,500 = 412,600 units

Therefore, the correct option is b.412,600 units.

According to the interest parity condition, if the domestic interest rate is 12 percent and the foreign interest rate is 10 percent, then the expected _________ of the foreign currency must be _________ percent. Group of answer choices

Answers

Answer: Appreciation; 2%

Explanation:

From the information given in the question,

Domestic Interest rate = 12%

Foreign interest rate = 10%

Let's assume,

S = spot exchange rate

F = forward exchange rate,

Based on the per interest rate parity, the forward exchange rate will be:

F = S × (1 + 10%) / (1 + 12%) = 0.98x

F = S × (1+0.1)/(1+0.12) = 0.98x

Therefore, the forward exchange rate will be expected to fall by:

= 1 - 0.98

= 0.2

= 2%

Prepare the schedule of cost of goods manufactured for Barton Company using the following information.

Direct materials $232,500
Direct labor 65,500
Factory overhead costs 27,600
Work in process, beginning 158,200
Work in process, ending 163,000

Answers

Answer and Explanation:

The preparation of the schedule of cost of goods manufactured is presented below:

Direct material $232,500

Direct labor $65,500

Factory overhead $27,600

Total manufacturing Cost $325,600

Beginning work in process $158,200

Total cost of work in process $483,800

Ending work in process -$163,000

Cost of goods manufactured $320,800

In this way it should be prepared  

Item2 1 points Time Remaining 59 minutes 39 seconds00:59:39 Item 2 Time Remaining 59 minutes 39 seconds00:59:39 Crimson Inc. recorded credit sales of $755,000, of which $500,000 is not yet due, $180,000 is past due for up to 180 days, and $75,000 is past due for more than 180 days. Under the aging of receivables method, Crimson Inc. expects it will not collect 5% of the amount not yet due, 19% of the amount past due for up to 180 days, and 28% of the amount past due for more than 180 days. The allowance account had a debit balance of $2,800 before adjustment. After adjusting for bad debt expense, what is the ending balance of the allowance account

Answers

Answer:

$83,000

Explanation:

The computation of the ending balance of the allowance account is given below:

Given that

Accounts receivable not yet due be $500,000

So, the bad debt for the same should be

= 5% of $500,000

= $25,000

Accounts receivable due for upto 180 days be $180,000

So, the bad debts for the same should be

= 19% of $180,000

= $34,200

Accounts recievable due for more than 180 days be $75,000

So, the bad debts for the same should be

= 28% of $75,000

= $21,000

Now  

Ending balance of Allowance aoount  is

= $2,800 + $25,000 + $34,200 + $21,000

= $83,000

Sunland Company reports the following operating results for the month of August: sales $382,500 (units 5,100), variable costs $259,000, and fixed costs $99,000. Management is considering the following independent courses of action to increase net income.
1. Increase selling price by 12% with no change in total variable costs or units sold.
2. Reduce variable costs to 65% of sales.
a. Compute the net income to be earned under each alternative.
b. Which course of action will produce the higher net income?

Answers

Answer:

Sunland Company

                                        Alternative 1        Alternative 2

a. Net income                      $70,400                $34,875

b. Alternative 1 (increasing selling price by 12% with no change in total variable costs or units sold) produces the higher net income.

Explanation:

a) Data and Calculations:

August sales = $382,500

Sales units = 5,100

Unit selling price = $75 ($382,500/5,100)

Variable costs = $259,000

Unit variable cost = $50.78 ($259,000/5,100)

Fixed costs = $99,000

Increase in selling price = 12% = $84 ($75 * 1.12)

Reduction in variable costs = 65% of sales

                                        Alternative 1        Alternative 2

Sales revenue                  $428,400            $382,500

Variable costs                    259,000              248,625

Contribution margin        $169,400              $133,875

Fixed costs                          99,000                 99,000

Net operating income      $70,400                $34,875

From the list below, select the items that are classified as a materials activity. (You may select more than one answer. Single click the box with the question mark to produce a check mark for a correct answer and double click the box with the question mark to empty the box for a wrong answer. Any boxes left with a question mark will be automatically graded as incorrect.)
Raw materials used
Raw materials beginning inventory
Raw materials purchases
Work in process beginning inventory
Goods manufactured
Direct labor used
Factor overhead used

Answers

Answer and Explanation:

The classification is as follows:

Under Materials activity  

Opening balance of Raw materials inventory

Purchase of the Raw materials purchases

Under Production activity:

OPening balance of Work-in process inventory

Raw material used

Direct labor used

Factory overhead used

Under Sales activity:

Goods manufactured

In this way it should be categorized

Hence, the same should be relevant

Today, Li has $900,000 (treat this as a cash inflow) in an account that gives an 8% return each year. He has been investing $7,000 a year at the end of each year for 30 years. How much did he have in his account 30 years ago

Answers

Answer:

The present value should be $10,635.116

Explanation:

The computation of the present value is given below:

Interest rate i.e. RATE should be 8%

PMT is $7,000

NPER is 30

FV is $900,000

The formula is given below:

=-PV(RATE,NPER,PMT,FV,TYPE)

After applying the above formula, the present value should be $10,635.116

Other Questions
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