Why is the output of a JIT system likely to contain fewerdefective units than the output of a traditional manufacturingsystem?

Q: Which of the following are features of a lean manufacturing system?A. Centralized maintenance…

A: Lean manufacturing system is a technology in which production process can be streamlined in order to…

Q: How much is the Total Processing time needed using machine A?

A: Processing time is the time taken by a machinery to process a product or a service as per the…

Q: Some managers believe machine performance is more important in a JIT environment than in a non-JIT…

A:

Q: How have advances in manufacturing technology affected overhead application?

A: Overhead application: It is a process of allocating the cost to the jobs, the allocation of cost is…

Q: Providing the power required to run production equipment is an example of unit-level activity. Why…

A: SOLUTION- Unit‐level activities occur every time a service is performed or a product is made. The…

Q: No single system can adequately answer the demands made by diverse functions of cost systems. While…

A: Describe the costs and benefits of having a single measurement system: Costs: Cost system is a…

Q: How can a firm control against excessive quantities of raw materials being used in the manufacturing…

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Q: When companies use automated production processes, they tend to condense the three manufacturing…

A: Automated production processes means those processes in which there is no manual intervention of…

Q: Explain the Over head cost control  benefits and drawbacks in manufacturing unit.

A: Cost accounting: A branch of accounting that deals with the calculation of the total cost incurred…

Q: Which of the following is not a feature of a process production system?  Repetitive production…

A: Production process system is that which is used for a large level of production and where continuous…

Q: Various difficulties associated with manual cost accounting system,Please explain the below with…

A: As per our protocol we provide solution to the one question only but you have asked multiple…

Q: part of a process happen without negatively impacting another part? What are some reasons for erring…

A: Lean methodology eliminates waste to the core in a process and ensures that reduction in delays…

Q: Which of the following types of companies would be most likely to benefit from activity-based…

A: activity-based costing -   generally, activity-based costing is used to allocate indirect costs or…

Q: Explain why a costing system that uses a volume-based rate is likely to produce distorted…

A: A traditional volume-based cost allocation systems that use only drivers tend to vary directly with…

Q: all of the following are reasons to use backflush costing, except   a. Managers tend to use their…

A: The backflush costing follows the JIT (just-in-time) inventory system which reduces the costs…

Q: What problem might arise in estimating the degree of completion of semiconductor chips in a…

A: Process Costing: Process costing is a tool used to ascertain the cost incurred by the business at…

Q: It is ridiculous to suggest that process costing may also be suited to service firms, as services…

A: Process Costing:   It is a method of cost accounting where manufacturing costs are collected and…

Q: Which of the following is most likely to be true of the manufacturing overhead costs assigned to a…

A: Answer: Option (a) is the correct answer. An ABC system will assign more manufacturing overhead…

Q: Is it possible to control financial totals without physicalcontrol of materials in manufacturing?

A: Manufacturing is the process of large scale production of materials that is generally done through…

Q: What is a plantwide overhead rate? Why are multiple overhead rates, rather than a plantwide overhead…

A: Plantwide overhead rate is a single overhead rate which is used by the company to allocate it's…

Q: Why do overhead costs often shift from high-volume products to low-volume products when acompany…

A: Activity Based Costing: It's focus is on activities as the fundamental cost objects. It uses…

Q: Which of the following is an important feature when considering the use of a single plantwide…

A: Overheads are considered as fixed and common expenses that should be allocated to the products on…

Q: Which of the following is not a characteristic of a lean accounting system? Multiple Cholce Costs in…

A: lean accounting is the collection of principal and the process that provides the numerical feedback…

Q: What problems might arise in estimating the degree of completion of semiconductor chips in a…

A: Process Costing: Process costing is a tool used to ascertain the cost incurred by the business at…

Q: How does lean manufacturing differ from the conventional manufacturing process?

A: Lean ManufacturingThe main objective of lean manufacturing is to yield products with high quality,…

Q: Why do companies that implement Lean Production tend to have minimal inventories?

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Q: Why is using a single plantwide overhead allocation rate not always accurate?

A: Single plant wide rate: Single plant-wide rate is the traditional method that is used to allocate…

Q: Which is not true in lean manufacturing? a) Process flexibility results in market responsiveness b)…

A: Lean manufacturing is a system that enhances customer value and always strives towards improvement…

Q: Nonunit-level drivers are prominent in activity-based coting systems. Which of the following is…

A: Activity-based costing appears to be a method of more correctly allocating overhead expenditures by…

Q: What are the primary goals of lean manufacturing?

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Q: How are cost structures fundamentally different between the traditional and computer-integrated…

A: Sales order starts the manufacturing process under a traditional manufacturing environment. The…

Q: . As more warehouses are added to the system, what would we expect to happen to thefollowing?a.…

A: Warehousing : Warehouse is place where the goods that need to be sold or distributed later are need…

Q: characteristic of a lean production layout?

A:

Q: What features of the cost accounting system would be expected to prevent the omission ofrecording…

A: Cost accounting is the branch of Accountancy associated with the cost of materials used in the…

Q: ?Which of the following costs is not related to a batch-related activity .Compliance costs .a…

A: A batch-related activity refers to the activity that is carried out in batches of units. There are a…

Q: Explain why traditional cost allocation methods fail in a computer-integrated manufacturing…

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Q: Which is TRUE about services? a.Services cannot have work-in-process inventories. b.Some services…

A: Please find the answer to the above question below:

Q: Which of the following costs would a computer manufacturer include in manufacturing overhead? O The…

A: Cost Accounting: It is the process of collecting, recording, analyzing the cost, summarizing cost,…

Q: Which  of the following would probably be the appropriate allocation base for allocating overhead in…

A: Manufacturing overhead are the indirect costs that are to be incurred in manufacturing or production…

Q: Why do product-costing systems based on a single, volume-based cost driver tend to overcost…

A:

Q: What kinds of challenges occurs in the Cost Control and Cost Reduction in the Manufacturing conce

A: Cost Control is different from cost reduction Cost Control focuses/emphasizes on decreasing the…

Q: All of the following are reasons to use backflush costing, except Managers tend to use their limited…

A: When the costing is done after completion of production that is known as backflush costing.

Q: Which of the following costs would a computer manufacturer Include in manufacturing overhead? O The…

A: Cost Accounting: It is the process of collecting, recording, analyzing the cost, summarizing cost,…

Q: Classify the different costs as unit, batch, product, or facility. Answers (unit, batch, product, or…

A: The cost which is incurred whenever a product is produced and service is performed refer to the unit…

Overheads

In cost accounting, overhead refers to those expenses which occur during the operating of a business. Overhead includes the fixed, variable, or semi-variable which is not directly involved with a company product or service. It is very important to analyze overhead expense as it helps the company in determining how much a company must charge for its products and services so that they can generate profit.  Overhead expenses depend upon the nature of the business operations.