L features of jit production systems , Managerial Accounting

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L features of jit production systems

1. Distinguish a demand-pull from a push-through system.

2. List five major features of JIT production systems.

3. Describe how JIT systems affect product costing.

4. Companies adopting backflush costing often meet three conditions. Describe these three conditions.

5. Outline how three different versions of backflush costing can differ.

6. What assumptions are made when using the simplest version of the economic order quan- tity (EOQ) decision model?

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