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7-30 JIT manufacturing and cost savings Boris Company introduced JIT manufacturing last year and has...

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Accounting

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7-30 JIT manufacturing and cost savings Boris Company introduced JIT manufacturing last year and has prepared the following data to assess the benefits from the change: Inventory financing costs are 12% per year. Support costs are based on a time-driven activity-based costing analysis. Estimate the total financial benefits that resulted from the switch to JIT manufacturing operations

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