Determine statement that indicate manufacturing diversity, Accounting Basics

Assignment Help:

Examine each of the items listed below to determine which items include statements that 3) would indicate that manufacturing diversity exists.

Required: Label the items that include a statement that indicates that diversity exists with the letter "D" for diversity. If a statement does not indicate that diversity exists, label it with the letter "N" for no diversity.

1.  The company uses several machines and there are several processes but it only manufactures one product

2. A company manufactures several products and manufacturing processes differ from one product to the next

3. Products are made on the same equipment and require the same production processes, but some products require more quality inspections than others

4.  Low volume and high volume products are made in identical production processes

5. The company manufactures complex products

6. Products are similar and are made on the same machinery, but some require more components parts than other products

7. Product X requires more engineering than product Y requires

8. The manufacturer has only one production process

9. Product AJ is made on a machine costing $568,000; product DJ is made on a machine costing $67,860

10.  A company uses the same equipment to manufacture simple and complex  products.

 


Related Discussions:- Determine statement that indicate manufacturing diversity

I, what are the internal sources of accounting?

what are the internal sources of accounting?

What are bad debts, Q. What are Bad debts? Bad debts -- amounts owed to...

Q. What are Bad debts? Bad debts -- amounts owed to a company which aren't going to be paid. An accountreceivable becomes a bad debt when it's recognized that it won't be paid.

I need help in a project on ''accounting process'', I need help in a projec...

I need help in a project on 'accounting process' . It should begin with a storyline in which a buisness have to be chosen(i have chosen a tyres dealer). Then transactions taking

Suppose you want to have $5, Suppose you want to have $5,000 saved at the e...

Suppose you want to have $5,000 saved at the end of five years. The bank will pay you 2% interest on your money. How much would you have to deposit today to have the $5,000 you w

Explain about accrued assets, Q. Explain about Accrued assets? Accrued ...

Q. Explain about Accrued assets? Accrued assets are assets such like interest receivable or accounts receivable that haven't been recorded by the end of an accounting period. T

Ethical perspective - world auto parts corporation, John Bentley is the chi...

John Bentley is the chief financial officer for World Auto Parts Corporation the company buys approximately USD 500 million of auto parts every year from small suppliers all over t

Debit/credit, how do we credit debit cash received from owner

how do we credit debit cash received from owner

Write Your Message!

Captcha
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