On what three main factors does the theory of constraints focus?
What will be an ideal response?
The theory of constraints focuses on these three factors:
a. Throughput contribution: Sales dollars minus direct materials and other variable costs.
b. Investments: Inventories, equipment, buildings, and other assets used to generate throughput contribution.
c. Operating costs: All operating costs other than direct materials and other variable costs.
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Crafted Jewels is a jewelry manufacturer that sells its designs to various jewelry retailers. The retailers often complain that the company's online store acts as a competitor and reduces their profitability
What type of conflict is this? Briefly explain.
The unadjusted trial balance at year-end for a company that uses the percent of receivables method to determine its bad debts expense reports the following selected amounts: Accounts receivable$437,000?DebitAllowance for Doubtful Accounts 1270?DebitNet Sales 2,120,000?CreditAll sales are made on credit. Based on past experience, the company estimates 2.5% of ending account receivable to be uncollectible. What adjusting entry should the company make at the end of the current year to record its estimated bad debts expense?
A. Debit Bad Debts Expense $5300; credit Allowance for Doubtful Accounts $5300. B. Debit Bad Debts Expense $15,300; credit Allowance for Doubtful Accounts $15,300. C. Debit Bad Debts Expense $9655; credit Allowance for Doubtful Accounts $9655. D. Debit Bad Debts Expense $12,195; credit Allowance for Doubtful Accounts $12,195. E. Debit Bad Debts Expense $10,925; credit Allowance for Doubtful Accounts $10,925.
Teens send and receive about ____ text messages a month.
A. 750 B. 1,200 C. 3,200 D. 4,000
Earnest money: A)?Is the deposit on a land purchase
B)?Is the same as an option. C)?Is paid by the seller. D)?None of the above