How might jit affect accounting methods

Assignment Help Cost Accounting
Reference no: EM13903473

1. What operating conditions of companies make just-in-time methods feasible?

2. How might JIT affect accounting methods?

3. Compare and contrast the problem of providing quality service in a service company to that of providing quality goods in a manufacturing company.

4. How does operation costing compare and contrast with job costing and process costing?

5. What types of savings can firms achieve with just-in-time methods compared with tradi- tional production methods?

Reference no: EM13903473

Questions Cloud

Supply of a particular commodity : Other things remaining the same, what would happen to the supply of a particular commodity if the following changes occur?
Create a set of visuals for the assigned body system : Create a set of visuals for the assigned body system
Compare and contrast job costing and process costing system : Compare and contrast job costing and process costing systems. Why don't most service organizations have inventories (other than supplies)? What is a production operation?
Determine the total variable cost : Assuming that the cost of capital is $1,000 and labour costs $10.00 per hour, determine the total variable cost, average variable cost and the marginal cost of the firm for the output levels given above.
How might jit affect accounting methods : How might JIT affect accounting methods? Compare and contrast the problem of providing quality service in a service company to that of providing quality goods in a manufacturing company.
Describe the salaries of employees of a company : In the business world, the mean salary is often to describe the salaries of employees of a company. However, the median salary may be a better measure of the salaries than the mean. Which is the better measure of central tendency? Why
Methods to encourage their delinquent cardholders to pay : Credit card companies lose money on cardholders who fail to pay their minimum payments. They use a variety of methods to encourage their delinquent cardholders to pay their credit card balances, such as letters, phone calls and eventually the hiri..
Determine value and give units of frequency, wavelength : Determine the value and give units of frequency, angular frequency, wavelength, period, and amplitude. Assume x in expressed in meters and t in seconds.
Full verbal and graphical explanation : "Emerging economies, such as china, pose a threat to the comparative advantage of the U.S". How can such a statement be evaluated using the insights learned from the standard trade model? Provide full verbal and graphical explanation.

Reviews

Write a Review

Cost Accounting Questions & Answers

  Provide the journal entry for the estimated warranty

Provide the journal entry for the estimated warranty expense on August 31 and the October 15 cash payment.

  Find how much overhead is allocated

Find how much overhead is allocated and evaluate what is the over/under absorbed overhead?

  Compute division residual income if desire roi is sixpercent

Compute the division's residual income if the desired ROI is 6 percent. Compute the company's EVA if total corporate assets are $500,000.

  What is the maximum amount per unit the company would

What is the maximum amount per unit the company would be willing to pay to the outside manufacturer?

  Prepare a classified balance sheet

Prepare a classified balance sheet that includes the correct balance for Cash - end of the current fiscal year, the balances of selected accounts from the ledger of Healthy & Trim Co.

  Determine the budgeted factory overhead allocation rate

Determine the budgeted factory overhead allocation rate based on direct labour-hours and compute the amount of under-or-overallocated overheads.

  What will be your periodic cash receipt

What will be your periodic cash receipt, to earn a 12 percent return, if payments are received from the purchaser: at the end of each week.

  Evaluation of the partners share of the business

What is the value of each partner's share of the business and what was the basis of your evaluation of the partners' share of the business?

  Calculate the discount rate croft co

CROFT purchased merchandise for $4,000. It paid within the discount period with a check for $3,900.

  Prepare archers journal entry to record profit

Prepare Archer's journal entry to record profit or loss using the percentage-of-completion method and the completed-contract method.

  Prepare a cash budget for carmel covering

Prepare a cash budget for Carmel covering the first seven months of 2004 and carmel has $250,000 in notes payable due in July that must berepaid or renegotiated for an extension. Will the firm have ample cash to repay the notes?

  Determine the cause of the companys decreased income

What other factors or ratios do you believe should be considered in determining the cause of the company's decreased income?

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd