Answer:
Quality control
Explanation:
Six Sigma is a quality business management strategy which helps business organizations to improve the quality of processes, products and services by discovering and eliminating defects, variations or errors. It is a strategic business concept that was developed in 1986 by Motorola.
Under the six sigma approach, any process that doesn't provide customer satisfaction or causes challenges in an organisation's process should be eliminated from the system in order to produce quality products and services. It allows only 3.4 defective features for every million opportunities and as such expects processes to be defect free 99.99966 percent of the time.
Generally, there are two (2) main methods of achieving the six sigma approach;
1. DMAIC: define, measure, analyze, improve and control.
2. DMADV: define, measure, analyze, design and verify.
Hence, a pre-concert rehearsal is an example of quality control because the participants or team members are made to practice their routines so as to master them and prevent mistakes on the day of the concert. Thus, a pre-concert is aimed at getting the best out of a team in order to deliver a quality performance to the audience.
When a bank account is reconciled, then it means that the bank transactions are checked and compared to the bank statement to be sure that the inflows and outflows tallies and are accurate.
Basically, the steps to reconciling an account are as follows:
- Make comparisons of the deposit in the account
- If you find any discrepancy, make adjustments on the bank statement
- Make an adjustment of the cash account
- Make a comparison of the balance.
Please note that your question is incomplete so I gave you a general overview to help you better understand the concept.
Read more about bank statements here:
brainly.com/question/15525383
Answer:
the amount of bad debt expense for the year 2020 is $36,000
Explanation:
The computation of the amount of bad debt expense is shown below:
= Estimation of 3% net sales that would be uncollectible
= 3% of ($1,500,000 - $300,000)
= 3% of $1,200,000
= $36,000
Hence, the amount of bad debt expense for the year 2020 is $36,000
The same is to be considered
Answer:
$60,000
Explanation:
Given that,
Direct materials = $42,900
Direct labor = $29,500
Manufacturing overhead = $30,500
Selling expenses = $21,700
Administrative expenses = $35,800
Conversion costs:
= Direct labor + Manufacturing overhead
= $29,500 + $30,500
= $60,000
Therefore, the conversion costs for September is $60,000.
