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3 years ago

Which value gap refers to a company’s failure to accurately assess what customers really want?

Business

1 answer:

fiasKO [112]3 years ago

5 0

Answer:

The correct answer is: Service Quality Gap.

Explanation:

The Service Quality Gap refers to the difference between what a company understands a customer's desires and what must be really done to satisfy that consumer. Firms should make all the efforts in their hands to close that breach and provide the customer with the good or service they need to keep their businesses going. When the gap is not closed, the customer's loyalty fails, pushing them to look for different options in other organizations.

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Which of the following is true of accrual basis accounting and cash basis accounting? A. Cash basis accounting records all tran

Fed [463]

Answer: Option C is true about Accruals basis

Explanation:

Cash basis states that transactions are only recognized when cash is received and paid. Some of the short comings of the cash basis was it didn’t regard the period in which transactions occured, etc

Accrual basis states that revenue is recognized when earned and expenses when incurred and not when cash is received or paid.

Option 1 is wrong because cash basis only records cash transactions.

Option 2 is wrong because Accruals basis is recognized by GAAP

8 0

3 years ago

Read 2 more answers

Builder Products, Inc., uses the weighted-average method in its process costing system. It manufactures a caulking compound that

FinnZ [79.3K]

Answer:

1.Total Equivalent Units Materials 471,600 Conversion 464,400

2. Cost Per Equivalent Unit Materials $ 1.33 Conversion $ 0.75

3. Cost of Ending Work In Process $ 39528

4. Cost Of Units Transferred Out = $ 936,000

5. Cost Materials $ 627 228 and Conversion $348,300

Explanation:

Builder Products, Inc.,

Weighted-Average Method

1. Equivalent Units

Particulars Units % of Completion Equivalent Units

Materials Conversion Materials Conversion

Transferred Out 450000 100 100 450,000 450,000

Ending WIP 36000 60 40 21,600 14,400

Total Equivalent Units 471,600 464,400

Transferred Out units are calculated by adding Opening Inventory and production started and subtracting ending inventory units.

Transferred Out units = Opening Inventory+ production started -ending inventory units

Transferred Out units =76,000 + 410,00 - 36000= 450000 units.

2. Cost Per Equivalent Units

Materials Conversion

Cost Of Opening Inventory 117,900 53600

Cost Added 613,080 294,700

Total Costs 624,980 348,300

Equivalent Units 471,600 464,400

Cost per Equivalent Unit 624980/471600 348300/464400

$ 1.33 $ 0.75

3. Cost of Ending Work In Process $ 39528

Materials = 21600 * $ 1.33= $ 28728

Conversion = 14400 * $ 0.75= $10800

We multiply the equivalent number of units with the cost per unit to find the cost.

4. Cost Of Units Transferred Out = $ 936,000

Materials = 450 000 * $ 1.33= $ 598,500

Conversion = 450000 * $ 0.75 = $ 337,500

5. A Cost Reconciliation Report

Materials Conversion

Ending WIP $ 28728 $10800

Transferred Out $ 598,500 $ 337,500

Total  627 228** 348,300

These calculated costs reconcile with the costs given in the above data.

Materials Conversion

Cost Of Opening Inventory 117,900 53600

Cost Added 613,080 294,700

Total Costs 624,980** 348,300

The difference is in the cost of materials which is actually 624,980** and we found it out to be   627 228** . This is because we rounded the Cost per Equivalent Unit of material from $ 1.325 to $1.33

If we multiply 1.325 * 471,600 we get $ 624870 which is almost the same.

5 0

3 years ago

Tyro has the right to drive across ula's land, which is next to tyro's property, to reach an access road. tyro's right is:____.

Sonja [21]

Tyro has the right to drive across ula's land, which is next to tyro's property, to reach an access road. tyro's right is:____.

Easement Appurtenant

What is easement appurtenant ?

A permanent easement that is attached to the land and benefits the owner. A covenant that follows the land is known as an easement appurtenant. The easement annex is transferred together with the title to the actual estate whenever a new owner takes ownership.

To get to an access road, Tyro has the right to drive across Ula's property, which is near to Tyro's property. tyro's right is Easement Appurtenant.

Learn more about Easement appurtenant here:

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4 0

2 years ago

One of the reasons the apple ii computer was popular was that ________.

Svet_ta [14]

One of the reasons why the Apple II computer was popular and known to the people was that the "operating system of this computer was stored in the ROM or Read-Only Memory". It is developed with advanced utilities and also the first multi-touch wireless mouse was also being developed by Apple company. Other reasons, why people choose Apple II computer over the other brand was that its durability and uniqueness. But this computer is much expensive compared to other known brands but still, people keep patronizing the apple II computer product.

4 0

3 years ago

What are the disadvantages if Jamir decides to purchase the car? Check all that apply.

dalvyx [7]

Answer:

He will have to come up with a bigger down payment.

His monthly payments will be higher.

Good luck:)

6 0

4 years ago

Read 2 more answers