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trasher [3.6K]
1 year ago
11

situation: flavio's organic construction company built a commercial building of entirely plant-based materials. unfortunately, t

he final inspection found serious problems with the building's plumbing, and extensive non-plant-based renovations were required before the building could be sold to a customer. according to the cost of poor quality, what category does this cost belong to?
Business
1 answer:
Ghella [55]1 year ago
4 0

According to the cost of poor quality, this cost belongs to Internal failure cost which is associated with product failures.

What is Internal failure costs?

Internal failure costs are quality expenses related to product defects found before a product leaves the facility. The firm's internal inspection procedures help identify these shortcomings. Failure analysis activities, product rework expenses, product scrapped, and throughput lost are a few examples of internal failure costs. Internal failure costs result from defects found prior to delivery. These cover all expenses incurred as a result of failing to satisfy both internal and external consumers.

To know more about Internal failure costs refer:

brainly.com/question/7348888

#SPJ4

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The following account balances were taken from the adjusted trial balance of Kendall Company: Revenues $ 22,400 Operating Expens
dsp73

Answer:

Retained earnings-Closing = $19,900

Explanation:

Given that,

Revenues = $22,400

Operating Expenses = $15,000

Dividends = $4,500

Retained Earnings(opening) = $17,000

Net Income = Revenues - Operating expenses

                    = $ 22,400 - $15,000

                    = $7,400

Statement of Retained Earnings:

Retained earnings-Closing:

= Retained earnings -opening + Net Income - Dividends

=  $17,000 + $7,400 - $4,500

= $19,900

7 0
2 years ago
Joe is hired by a real estate company to complete a roofing job on one of their projects. The job is very specialized, he is und
IceJOKER [234]

Options:

Yes, Joe is an agent who has that authority.

No, Joe is an employee, but the employee does not have that authority.It depends whether Joe signed a written contract for his employment.

Yes, Joe is an employee.

No, not unless he possesses authority from the principal because Joe is an independent contractor.

Answer:No, not unless he possesses authority from the principal because Joe is an independent contractor

Explanation: An independent contractor is a third party engaged by a principal to transact certain specific jobs or accomplish a certain task on his behalf. An independent contractor does not have any power or authority to represent his or her principal especially when he or she is not authorized to do that on behalf of the principal.

JOE DOESN'T HAVE THE POWER OR AUTHORITY TO ENTER INTO ANY CONTRACT OR AGREEMENT WITH ANOTHER ENTITY FOR HIS PRINCIPAL EXCEPT WHEN GIVEN THE AUTHORITY TO DO SO.

4 0
3 years ago
If you cannot separate communication from leadership, why is communication known to be one of the top weaknesses in business lea
aksik [14]

The correct answer to this open question is the following.

If you cannot separate communication from leadership, why is communication known to be one of the top weaknesses in business leadership today?

Because many times, leaders confuse to inform with to communicate, and that is one of their biggest mistakes.

One thing is just to pretend that because your the leader of an organization, you have the right to inform but not listening back to what your team has to say.

Good leaders need to become great leaders accepting the fact that their role is of Communicators, which means they are willing and able to receive feedback. Or better said, to promote feedback in the first place as part of the process of generating understanding in the workplace.

Why is it the leaders’ responsibility to be effective communicators?

The leader has to lead by example. It has to be a great communicator, a good listener. Have a set of skills and abilities to perform under pressure. The leader has to make the toughest decisions. And of course, he has to hire the best individuals to form a true team.

Leaders have to be totally honest about who they are. You cannot pretend to be someone you are not. That is the foundation of what you are about to offer in a relationship.

The leader sets the example of living their own values, so he will have the moral status to ask other people to live by their own values so you can base your relationship on trust.

4 0
2 years ago
Williams Company plans to issue bonds with a face value of $600,000 and a coupon rate of 8 percent. The bonds will mature in 10
gulaghasi [49]

Answer:

Decide the issuance of cost of the bonds:  

The issuance cost of bonds is the sum the obliged substance raised through the issue of legally binding proclamation called bonds. The cost of securities relies on the assumed worth, time frame, the coupon rate and the market rate.  

Coming up next are three general standards regarding bonds issue cost:  

  1. On the off chance that the coupon pace of the security is equivalent to the market loan fee, at that point the security is said to be given at standard.  
  2. On the off chance that the coupon pace of the security is more prominent than the market financing cost, at that point the security is said to be given at premium.  
  3. On the off chance that the coupon pace of the security is lower than the market loan cost, at that point the security is said to be given at rebate.  

In the current case, both the coupon rate and the market premium are 8% and are equivalent. Thus, the issue cost of bonds is equivalent to the standard worth. That is $600,000.

3 0
3 years ago
A proposed new investment has projected sales of $850,000. Variable costs are 60 percent of sales, and fixed costs are $174,000;
777dan777 [17]

Answer:

  • <u>63,700</u>

Explanation:

Sales:                                                 850,000

Variable Cost: (850,000*60%) =      <u>510,000</u>

Contribution Margin = 850k-510k= <em>340,000</em>

Fixed cost =                                       174,000

Depreciation =                                    <u>75,000</u>

Earnings Before Taxes =                    <em>91,000</em>

Taxes (30%) =                                    <u>  (27,300)</u>

<h3>Net Income                                 <u>63,700</u></h3>

3 0
2 years ago
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