In which step of 5S do we “organize and arrange items in the work area into a logical pattern of work operations or simplified set of motions for the worker”?
a. sort
b. straighten
c. sustain
d. standardize
b. straighten
You might also like to view...
Manufacturing companies use standard costs for the following except:
A) Variable costs B) Direct Materials C) Direct Labor D) Factory Overhead
Which of the following is not generally a "driving force" capable of producing fundamental changes in industry and competitive conditions?
A. movement in the economy and in interest rates B. product innovation and technological change C. changes in the long-term industry growth rate D. increasing globalization of the industry E. regulatory influences and government policy changes
This year, John, Meg, and Karen form Frost Corporation. John contributes land purchased as an investment four years ago for $15,000 that has a $30,000 FMV in exchange for 30 shares of Frost stock. Meg contributes machinery (Sec. 1231 property) purchased four years ago and used in her business having a $35,000 adjusted basis and a $30,000 FMV in exchange for 30 shares of Frost stock. Karen
contributes services worth $20,000 in exchange for 20 shares of Frost stock. a) What is the amount of John's recognized gain or loss? b) What is John's basis in his Frost shares? When does his holding period begin? c) What is the amount of Meg's recognized gain or loss? d) What is Meg's basis in her Frost shares? When does her holding period begin? e) How much income, if any, must Karen recognize? f) What is Karen's basis in her Frost shares? When does her holding period begin? g) What is Frost Corporation's basis in the land and the machinery? When does its holding period begin? How does Frost Corporation treat the amount paid to Karen for her services?
A wholesaler buys plastic lamps for $18 each and sells them for $30.60. What is the percent markup based on cost?