In determining the correct number of Kanban containers, which of the following is NOT a relevant consideration?
a. processing time for the container
b. waiting time during production
c. transportation time to the shipping area
d. cost of storage of the finished product
d. cost of storage of the finished product
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Standard costs are:
A. Rarely achieved. B. Actual costs incurred to produce a specific product or perform a service. C. Uniform among companies within an industry. D. Established by the IMA. E. Preset costs for delivering a product or service under normal conditions.
The purpose of closing entries is to transfer:
A. Inventory to Cost of Goods Sold when merchandise is sold. B. Accounts Receivable to Retained Earnings when an account is fully paid. C. Balances in temporary accounts to a permanent account. D. Assets and liabilities when operations are discontinued.
Smith Forge is a successful wholesale provider of hand tools to small retail hardware stores in Florida. Six months ago, John, national sales director for Smith Forge, succeeded in securing a large contract to provide hand tools to HomeFix, a major national retail hardware chain. Furthermore, Smith Forge's contract with HomeFix allows Smith Forge to provide HomeFix with hand tools made of materials of lesser quality at a lesser price. Therefore, HomeFix can charge its retail customers a lower price, providing an attractive profit for both companies. Six months into the contract, both John and Smith Forge are disappointed that, although the hand tools meet the technical specifications of the contract between Smith Forge and HomeFix, the products are not selling. And, furthermore, HomeFix
is receiving nonstop complaints from its customers about the quality of the hand tools, prompting HomeFix to consider canceling its contract with Smith Forge. In retrospect, in its eagerness to land a large contract with HomeFix, John and Smith Forge failed to adequately consider the needs of the A. supplier. B. broker. C. media. D. distributor. E. final consumer.
A failure to provide for a child can partially revoke a will. The protected child who challenges the distribution is a(n)_________
Fill in the blank(s) with correct word