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31 March, 04:30

Accounting for just-in-time operations requires fewer transactions because

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  1. 31 March, 08:21
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    Foley Electronics Corporation manufactures and assembles electronic motor drives for video cameras. The company assembles the motor drives for several accounts. The process consists of a just-in-time cellfor each customer. The following information relates only to one customer's just-in-time cell for thecoming year. Projected labor and overhead, $4,800,000; materials costs, $25 per unit. Planned productionincluded 2,400 hours to produce 19,200 motor drives. Actual production for August was 1,300 units, and motor drives shipped amounted to 1,260 units
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