C&A Pottery makes ceramic vases using a process that involves forming, drying, firing, and glazing. The 5 workers each takes on average 60 minutes to form a vase. The vases will then be loaded into an oven to dry. The oven can hold up to 100 pieces and it takes 5 minutes to load each vase. Once all the vases are loaded into the oven, it takes 24 hours to dry each load. The dried vases are then placed in a kiln that holds up to 100 pieces. It takes 6 minutes to load each vase and the vases will be fired in the kiln for 72 hours. After firing, 3 workers each take an average of 2 hours to glaze each vase. C&A receives an order of 1 vase per hour. What is the smallest batch size to ensure the process is demand-constrained?

Bridgeport company began operations at the beginning of 2018. the following information pertains to this company. 1. pretax financial income for 2018 is $115,000. 2. the tax rate enacted for 2018 and future years is 40%. 3. differences between the 2018 income statement and tax return are listed below: (a) warranty expense accrued for financial reporting purposes amounts to $7,500. warranty deductions per the tax return amount to $2,200. (b) gross profit on construction contracts using the percentage-of-completion method per books amounts to $94,700. gross profit on construction contracts for tax purposes amounts to $67,100. (c) depreciation of property, plant, and equipment for financial reporting purposes amounts to $61,800. depreciation of these assets amounts to $75,700 for the tax return. (d) a $3,600 fine paid for violation of pollution laws was deducted in computing pretax financial income. (e) interest revenue recognized on an investment in tax-exempt municipal bonds amounts to $1,500. 4. taxable income is expected for the next few years. (assume (a) is short-term in nature; assume (b) and (c) are long-term in nature.) (a) prepare the reconciliation schedule for 2017 and future years. (b) prepare the journal entry to record income tax expense for 2017. (c) prepare the income tax expense section of the income statement beginning with “income before income taxes.” (d) determine how the deferred taxes will appear on the balance sheet at the end of 2017.