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Better Blankets,Inc.makes a SnuggieBlank using flannel material and trim binding.They have instituted a successful JIT system and thus no longer have to stock inventory prior to their production need.The Standard Cost Card for The SnuggieBlank model is shown. The company reported the following results concerning January results:
The material quantity variance for Flannel used in January is:
Emissions
The release of pollutants into the air, water, or soil, often cited in discussions about environmental impact and climate change.
Sustainability
The practice of conducting business in a way that is environmentally responsible and resource-efficient, aiming to reduce the environmental impact and ensure long-term ecological balance.
Supply Chain Surplus
The difference between the value generated by the final product and the costs incurred in making the product available in the market, indicating overall supply chain efficiency.
Emissions Tax
A tax imposed on companies based on the amount of pollution their operations emit, aimed at encouraging environmentally friendly practices.
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