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miv72 [106K]
3 years ago
5

Ben was sent to one of his company’s factories to supervise the production and distribution of laptops. He had to take charge of

the quality assurance team and make sure that all the laptops produced at the factory were of the same quality and met the same standards. Which quality of goods is depicted here in Ben’s company?
Ben’s company depicts the ________ quality of goods.
Business
1 answer:
Sonja [21]3 years ago
4 0
Consistent / standardized.

Laptops are an example of standardized good, whose quality ought to be consistent as their quality determines the trustworthiness of a firm. If a good is bad, then consumers may start having a negative perception of the firm.
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A ________ gives a franchisee the right to produce and distribute the manufacturer's products, using supplies purchased from the
Mars2501 [29]
The answer is Product franchise. A product franchise is a diversifying assertion where producers enable retailers to disseminate items and utilize names and trademarks. An assembling establishment is a diversifying understanding where the franchisor enables a producer to create and offer items utilizing its name and trademark.
4 0
3 years ago
Tasty Tangerine is currently selling 50,000 boxes for $25 per box. Variable cost per box is $17 and fixed costs total $260,000.
Charra [1.4K]

Answer:

decrease by $16,000

Explanation:

We know that,

The net income = Sales - variable cost - fixed expense

The sales = Sales units × selling price per unit

                = 50,000 boxes × $25

                =  $1,250,000

The variable cost = Sales units × variable cost per unit

                             = 50,000 boxes × $17

                             =  $850,000

And, the fixed cost is  $260,000

So, the net income would equal to

= $1,250,000 - $850,000 -  $260,000

= $140,000

Since, the sales units are increased by $24,000 units, so new sales units is 74,000 units

And, the sales per unit is decreased by 2 So, new sales per unit is $23

So, the new sales

= Sales units × selling price per unit

= $74,000 × $23 = $1,702,000

The variable cost = Sales units × variable cost per unit

So, the new variable cost equals to

= 74,000 units × $17

= $1,258,000

And the fixed expense would increased by the $60,000 so new fixed cost is $320,000

So, the new net income would be equal to

= $1,702,000 - $1,258,000  - 320,000

= $124,000

If we compare these two net income, then the difference would be

=  $140,000 -  $124,000

= $16,000 decrease

5 0
2 years ago
Rokhanna, Inc. issued $1,000 par value bonds with an 8% coupon. The bonds have 18 years to maturity. Market interest rates are 5
Zielflug [23.3K]

Answer:

Bond Price = $1294.65063 rounded off to $1294.65

Explanation:

To calculate the price of the bond today, we will use the formula for the price of the bond. Assuming the bond is an annual bond, the coupon payment, number of periods and annual YTM will be,

Coupon Payment (C) = 1000 * 0.08 = 80

Total periods (n) = 18

r or YTM = 0.054 or 5.4%

The formula to calculate the price of the bonds today is attached.

Bond Price = 80 * [( 1 - (1+0.054)^-18) / 0.054]  + 1000 / (1+0.054)^18

Bond Price = $1294.65063 rounded off to $1294.65

8 0
2 years ago
Exercise 4-5 Computing income summary and ending capital balance from closing entries LO C1, P2 Capri Company began the current
vesna_86 [32]

Answer:

$27,000

Explanation:

The closing entries are as follows:

1. Service fees earned A/c Dr $70,000

  Interest revenue A/c Dr $7,000

                  To Income Summary $77,000

(Being revenue account closed)

2. Income summary A/c Dr $50,000

           To Salaries expense $38,000

           To Depreciation expense $8,000

           To Utilities expense $4,000

(Being expenses accounts are closed)

3. Income summary A/c Dr $27,000    ($77,000 - $50,000)

                    To Retained earning $27,000

(Being the difference is credited to retained earning)

Therefore, the balance left in the income summary account is $27,000

7 0
3 years ago
If Iowa's opportunity cost of corn is lower than Oklahoma's opportunity cost of corn, then Select one:
zhannawk [14.2K]

Answer:

b. Iowa has a comparative advantage in the production of corn.

Explanation:

Iowa's opportunity cost of corn means, for Iowa, the value of the products they need to give up in order to produce corn.

For example, given 2 crops, corn and banana, which have equal price.

Given the fixed amount of resources, to produce a ton of corn, Iowa has to give up 0.5 ton of banana, while Oklahoma has to give up 1 ton of banana. This means Iowa's opportunity cost of corn is lower that that of Oklahoma so Iowa has a comparative advantage in the production of corn.

3 0
3 years ago
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