Oakwood company produces maple bookcases to customer order. the following information is available for the production of the bookcases: process time 12.0, days inspection time 1.8 days, move time 4.5 days, wait time 9.0 days. required: (1) compute the company’s manufacturing cycle time. (2) compute the company’s manufacturing cycle efficiency. (3) management believes it can reduce move time by 1.10 days and wait time by 2.50 days by adopting lean manufacturing techniques. compute the company’s manufacturing cycle efficiency assuming the company’s predictions are correct.

In the supply-and-demand schedule shown above, at the lowest price of $50, producers supply music players and consumers demand music players.

Beswick company your team is allocated a project involving a major client, the beswick company. although the organization has many clients, this client, and project, is the largest source of revenue and affects the work of several other teams in the organization. the project requires continuous involvement with the client, so any problems with the client are immediately felt by others in the organization. jamie, a member of your team, is the only person in the company with whom this client is willing to deal. it can be said that jamie has:

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.