Answer:
<em>upward</em><em> </em><em>is</em><em> </em><em>the</em><em> </em><em>correct answer</em><em> </em>
Answer:
d) quality management
Explanation:
Continuous improvement
Continuous improvement in the overall performance of the Organization should be a permanent objective of the Organization.
This implies:
The continuous improvement of the quality management system is to increase the probability of increasing the satisfaction of Clients and other interested parties.
The following are actions aimed at improvement:
- analysis and evaluation of the existing situation to identify areas for improvement;
- the establishment of the objectives for improvement;
- the search for possible solutions to achieve the objectives;
- the evaluation of these solutions and their selection;
- the implementation of the selected solution;
- the measurement, verification, analysis and evaluation of the results of the implementation to determine that the objectives have been achieved;
- the formalization of the changes.
Answer:
$6666
Explanation:
Given:
Direct materials = $ 2,483
Direct labor-hours = 77 hours
Direct labor wage rate = $ 19 per labor-hour
Machine-hours = 136 hours
The predetermined overhead rate = $20 per machine-hour.
Solution:
To find the total cost , we will add the following cost: Direct materials cost, Direct labor cost, Machine using cost
Direct labor cost = Direct labor-hours 
Direct labor wage rate
Direct labor cost = 
Machine using cost = Machine-hours used predetermined overhead rate
Machine using cost = 
Total cost = $ 2,483 + $1463 + $2720 = $6666
Therefore, The total cost that would be recorded on the job cost sheet for Job 910 would be $6666
Answer:
b. $6,404.20
Explanation:
Value of prize = $1.4 million = $1,400,000
Amount to be received in years = 70 years
Interest Rate = 8%
Future value = Present value x ( 1 + interest rate )^-number of years
FV = PV x ( 1 + r )^n
1,400,000 = PV ( 1 + 0.08 )^70
1,400,000 = PV ( 1.08 )^70
1,400,000 / ( 1.08 )^70 = PV
PV = $6404.20
So The present value of the winning is $6,404.20.
