All categories

3 years ago

Total quality management differs from traditional performance measurement in that it:

1 answer:

7 0

The answer is <span>assesses both individual performance and the system within which the individual works.
The main purpose of the total quality management is to make sure that organization able to set up a certain type of climate that continously helop worker in improving their working efficiency in order to accelerate company's operation.</span>

You might be interested in

he management accountant for Giada's Book Store has prepared the following income statement for the most current year: Cookboo

dlinn [17]

Answer:

Giada's Book Store

The company would have reported a total profit of $19,000, which is $10,000 less.

Explanation:

a) Data and Calculations:

Income statement for the most current year:

Cookbook Travel Book Classics Total

Sales $68,000 $126,000 $53,000 $247,000

Cost of goods sold 40,000 66,000 21,000 127,000

Contribution margin 28,000 60,000 32,000 120,000

Order and delivery processing 21,000 24,000 11,000 56,000

Rent (per sq. foot used) 2,000 5,000 4,000 11,000

Allocated corporate costs 8,000 8,000 8,000 24,000 Corporate profit $ (3,000) $23,000 $9,000 $29,000

Corporate profit = $29,000

less allocated cookbook costs 10,000

Adjusted corporate profit = $19,000

b) Discontinuing the Cookbook product line would have eliminated the contribution the product line makes to defraying Rent and Allocated Corporate costs totalling $10,000 unless the Rental space was a variable cost.

4 0

3 years ago

Margaret and Jack are working on a high-priority project with a tight deadline. When Margaret is unable to meet the deadline, Ja

matrenka [14]

Answer:

B, Fundamental attribution error.

Explanation:

Fundamental attribution error is a psychological situation in which individuals have the tendency to explain a person's behavior based on disposition/personality but not lay emphasis on the external behaviors that affect the person's behavior.

In the above question, because Jack and Margaret couldn't finish Margaret's jobs due to Margarette her clumsiness and went on to blame the supervisor as the cause of the tem not being able to finish the task .

Cheers.

3 0

3 years ago

Which of the following is TRUE regarding the economic order quantity (EOQ) model? A. Demand rate is dependent on order quantity.

Oduvanchick [21]

Answer:

D. Holding cost per unit per year is dependent on the selling price per unit.

Explanation:

The formulas are shown below:

Economic order quantity:

= $\sqrt{\frac{2\times \text{Annual demand}\times \text{Ordering cost}}{\text{Carrying cost}}}$

The number of orders would be equal to

= Annual demand ÷ economic order quantity

The average inventory would equal to

= Economic order quantity ÷ 2

The total cost of ordering cost and carrying cost equals to

Ordering cost = Number of orders × ordering cost per order

Carrying cost = average inventory × carrying cost per unit

If in the question, the carrying cost is given in the percentage than the per unit cost is come after multiplying it with the selling price per unit

5 0

2 years ago

Assume a drought in the Great Plains reduces the supply of wheat. Noting that wheat is a basic ingredient in the production of b

Gnom [1K]

Answer:

price of wheat to increase, the supply of bread to decrease, and the demand for potatoes to increase.

Explanation:

A drought will reduce the supply of wheat thereby causing the supply curve to shift upwards (to the left) leading to an increase in the price of wheat. Since wheat is a basic ingredient in producing bread, an increase in the price of wheat will increase the cost of producing bread. An increase in cost of producing bread will reduce the supply of bread, shifting the supply curve to the right.

Potatoes and bread are close substitutes and therefore, have a competitive demand. An increase in the price of bread will increase the demand for potatoes because rational consumers will opt for a cheaper alternative considering their money income.

5 0

3 years ago

The amount of the check is written in how many places?

Evgen [1.6K]

2

In numerical form on the left and written out on amount line

4 0

3 years ago

Read 2 more answers