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3 years ago

What does 'trust' mean in business?

Business

1 answer:

larisa [96]3 years ago

7 0

Answer:

trust is important in business because it provides positive experiences for consumers, it is a value that must be taken care of, cultivated and managed to succeed. Inspiring trust in consumers means creating competitive advantage over other companies.

Explanation:

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Knowledge Check 01 The standard quantity per unit defines the ________. multiple choice price that should be paid for each unit

cricket20 [7]

Answer:

amount of direct materials that should be used for each unit of finished product including an allowance for normal inefficiencies, such as scrap and spoilage.

Explanation:

Standard quantity per unit is defined as materials that the manufacturer needs to complete a unit of a product. It also allows for inefficiencies such as spoilage and scrap.

It is used by managers to reduce wastage that exists during production by allocation of only the required amount of direct materials in the production process.

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3 years ago

Barbara allows her comprehensive major medical plan to lapse. If her policy is reinstated on March 20th and she contracts mononu

Nookie1986 [14]

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3 years ago

This chart represents the desired employers for four different Manufacturing employees. Manufacturing Employees Interested in Wo

CaHeK987 [17]

I think the answer is A.

Gary should work in Manufacturing Production Process Development
Caton should work in Logistics and Inventory Control
Eva should work in Production
Tam should work in Maintenance, Installation and Repairs.

4 0

3 years ago

When a firm purchases supplies for its business: the supplies account should always be debited. the supplies expense account sho

Semenov [28]

Hi there

The answer is
an adjustment will probably be required as supplies are used.

Good luck!

7 0

4 years ago

Edgar, Inc. has a materials price standard of $2.00 per pound. Six thousand pounds of materials were purchased at $2.20 a pound.

Lerok [7]

Answer:

Total Material Variance = $2,400 Unfavorable

Explanation:

Total Materials Variance = Standard Cost - Actual Cost

Here, standard cost = Standard Quantity $\times$ Standard Rate

Standard quantity for actual output = 5,400

Standard Rate = $2.00 per pound

Standard Cost = 5,400 $\times$ $2.00 = $10,800

Actual Cost = Actual Quantity $\times$ Actual Rate

= 6,000 $\times$ $2.20 = $13,200

Total Material Variance = $10,800 - $13,200 = - $2,400 Unfavorable

Since the value is negative the variance is unfavorable, as actual cost is more than standard cost.

8 0

4 years ago