Once sales are forecasted, ________ must be generated to estimate required raw materials
A) a production plan
B) a cash budget
C) an operating budget
D) a pro forma statement
A
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Liversuch Industries uses a kanban system to manage production of the J-15 subassembly
They have an hourly demand for 250 units and use containers that can hold 50 units each. It takes 90 minutes to fill and move a container of parts to the right place on the J-15 line that is currently rated at a 20% safety factor. How many production cards are needed? A) 540 B) 100 C) 9 D) 1.5
Rogers Company reported net income of $35,000 for the year. During the year, accounts receivable increased by$7,000, accounts payable decreased by $3,000 and depreciation expense of $8,000 was recorded. Net cashprovided by operating activities for the year is
a. $53,000 b. $47,000 c. $33,000 d. $37,000