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Alex_Xolod [135]
2 years ago
11

Consider two processes. If both versions create the same benefit, but one costs more than the other, the higher-cost version is

less ________ than the lower-cost version.
Business
1 answer:
vova2212 [387]2 years ago
8 0

Consider two processes. If both versions create the same benefit, but one costs more than the other, the higher-cost version is less Efficient than the lower-cost version.

<h3>What is Process Quality?</h3>

Process Quality = measured in two dimensions: process effectiveness and process efficiency

Effective Business Process = enables the organization to accomplish its strategy. ex: investigating whether 3D printing will help accomplish the strategy of having the largest selection of parts in the industry

Efficiency Business Process = the ratio of benefits to costs. ex: consider two versions that create the same benefit, but one costs more than the other does, meaning the higher-cost version is less efficient than the lower-cost version/if both versions cost the same, but one generates less benefit than the other, then the lower-benefit one is less efficient.

Learn more about Efficiency Business Process on:

brainly.com/question/18559769

#SPJ4

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Terrance is very skilled in biological research and the scientific principles guiding his work. He is also punctual, well-organi
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<em>Transferable skills</em>

Explanation:

Transferable skills <em>include all abilities that you may have, that are helpful to companies throughout different employment and sectors. </em>

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These skills can be used when searching for a new job to place your previous experience, especially if it's in another sector.

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When selecting a volume-based cost driver, the goal is to: a. Choose a period where a cost driver is at a low level so that over
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Answer: The correct answer is "e. Choose an input that varies in a pattern that is most similar to the pattern with which overhead costs vary".

Explanation: When selecting a volume-based cost driver, the goal is to: <u>Choose an input that varies in a pattern that is most similar to the pattern with which overhead costs vary, </u>so that it does not find so much difference between both patterns, so that these are similar.

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7 0
3 years ago
Lowden Company has a predetermined overhead rate of 160% and allocates overhead based on direct material cost. During the curren
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Answer:

The overhead cost which should be applied in the current period amounts to $132,800.

Explanation:

The overhead cost which the company should apply in the current period is computed as:

Overhead cost = Direct Material Cost × Pre- determined overhead rate

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Therefore, the cost of overhead amount to $132,800 which the Lowden Company should apply in the present period.

5 0
3 years ago
During june, vixen company sells $850,000 in merchandise that has a one year warranty. experience shows that warranty expenses a
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Answer:

Explanation:

The journal entry is shown below:

Warranty expense A/c Dr $25,500

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The computation is shown below:

= Merchandise sale value × given percentage

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Simply we debited the warranty expense and credited the estimated warranty liability so that the correct posting can be done.

4 0
3 years ago
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