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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?
Provide the journal entry for the estimated warranty expense on August 31 and the October 15 cash payment.
Find how much overhead is allocated and evaluate what is the over/under absorbed overhead?
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 be willing to pay to the outside manufacturer?
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 based on direct labour-hours and compute the amount of under-or-overallocated overheads.
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.
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?
CROFT purchased merchandise for $4,000. It paid within the discount period with a check for $3,900.
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 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?
What other factors or ratios do you believe should be considered in determining the cause of the company's decreased income?
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