Carol cagle has a repetitive manufacturing plant producing trailer hitches in arlington, texas. the plant has an average inventory turnover of only 12 times per year. he has therefore determined that he will reduce his component lot sizes. he has developed the following data for one component, the safety chain clip: setup labor cost $25 per hour annual holding cost $13 per unit daily production 960 units/8 hour day annual demand 23,000 (250 days eachtimes×daily demand of 92 units) desired lot size 120 units (one hour of production)
to obtain the desired lot size, the set-up time that should be achieved = minutes.

Diversified semiconductors sells perishable electronic components. some must be shipped and stored in reusable protective containers. customers pay a deposit for each container received. the deposit is equal to the container’s cost. they receive a refund when the container is returned. during 2018, deposits collected on containers shipped were $856,000. deposits are forfeited if containers are not returned within 18 months. containers held by customers at january 1, 2018, represented deposits of $587,000. in 2018, $811,000 was refunded and deposits forfeited were $41,000. required: 1. prepare the appropriate journal entries for the deposits received and returned during 2018. 2. determine the liability for refundable deposits to be reported on the december 31, 2018, balance sheet.

Money from an allowance or job is known as .

What is used by accountant to analyze transactions ?