1 Carlos owns a private limited company called BettaBakers Limited. It produces a variety of cakes which are sold in local shops. The method of production
used by BettaBakers is batch production. Carlos says 'I have been told that lean
production techniques in the bakery would help me to increase profits'.
a) What is meant by 'lean production'?
b) Identify two ways lean production might be achieved.
c) Identify and explain two ways, other than lean production, Carlos could
use to increase productivity.
d) Identify and explain two advantages to Carlos of using batch production.
e) Do you think Carlos should change his production methods to flow
production in the bakery? Justify your answer.

Common problems that can arise among groups. explain in four or five sentences what can cause the specific or general problem. in addition, explain what impact that conflict can have on group cohesion as well as productivity.

On january 1, 2018, red flash photography had the following balances: cash, $19,000; supplies, $8,700; land, $67,000; deferred revenue, $5,700; common stock $57,000; and retained earnings, $32,000. during 2018, the company had the following transactions: 1. february 15 issue additional shares of common stock, $27,000. 2. may 20 provide services to customers for cash, $42,000, and on account, $37,000. 3. august 31 pay salaries to employees for work in 2018, $30,000. 4. october 1 purchase rental space for one year, $19,000. 5. november 17 purchase supplies on account, $29,000. 6. december 30 pay dividends, $2,700. the following information is available on december 31, 2018: 1. employees are owed an additional $4,700 in salaries. 2. three months of the rental space has expired. 3. supplies of $5,700 remain on hand. 4. all of the services associated with the beginning deferred revenue have been performed.required: 1. record the transactions that occurred during the year.2. record the adjusting entries at the end of the year.3. prepare an adjusted trial balance.4. prepare an income statement, statement of stockholders’ equity, and classified balance sheet.5. prepare closing entries.

Highland company produces a lightweight backpack that is popular with college students. standard variable costs relating to a single backpack are given below