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Aleksandr-060686 [28]
3 years ago
7

On January 2, 2019, Adelphi Company purchased a patent for $235,000 plus

Business
1 answer:
Ymorist [56]3 years ago
4 0

Answer:

The annual amortization expense for 2019 will be $35000.

Explanation:

The amortization expense for the patent calculated based on the useful life of patent. The purchase of value of $235000 plus $10000 gives the total value of $245000 while use the patent of 7 years.

The formula for amortization expense = (Cost of patent - Residual value ) / Useful life of patent)

amortization expense = ($245000-0)/7 = $35000

The legal life would not count due patent in business use for limited life compare to legal life of patent.

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Answer:

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Explanation:

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This ultimately implies that, the six sigma approach to quality control detects potential problems early to prevent their occurrence.

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.

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<em>1. DMAIC: define, measure, analyze, improve and control.</em>

<em>2. DMADV: define, measure, analyze, design and verify. </em>

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3 years ago
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3 years ago
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