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alekssr [168]
3 years ago
9

Which of the following is the cost of quality classification for costs such as inspection, testing, and other tasks to ensure th

at the product or process is acceptable?
A. Appraisal costs
B. Prevention costs
C. External failure costs
D. Internal failure costs
E. Checking costs
Business
1 answer:
Kryger [21]3 years ago
5 0

Answer:

A. Appraisal costs

Explanation:

Appraisal costs are <u>quality control costs</u> paid by organizations to <u>find defects before, during or after production through inspection and testing, before the products are sold to customers.</u>

Inspection is carried out  on raw materials, during production and on finished products.

These costs include; the cost of equipment required for inspection and the amount paid to inspectors.

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Do all choices have costs?
expeople1 [14]
For every choice you make, you are sacrificing something else. For example, when you choose to buy a new phone, you are sacrificing buying a new laptop. The opportunity cost of buying the phone, is the cost of the laptop. Therefore, evey choice has a cost, because in every choice, there is a sacrifice
5 0
3 years ago
Economic Order Quantity computes:
Mamont248 [21]

Answer:

D: Optimum Order size​

Explanation:

Economic Order Quantity (EOQ) is a formula applied in logistic and supply chain management to calculate a business's ideal order size. As the name suggests, the order EOQ provides an order quantity that makes economic sense.

Economies of scale suggest that a bigger order size is better because the business will save transport costs. However, ordering in large quantities increases the cost of holding stock. The economic order quantity strikes a balance between these two important factors.

7 0
3 years ago
Hemisphere Corp. is considering a Build-Operator-Transfer (BOT) contract to construct and operate a large dam with a hydroelectr
Anna007 [38]

Answer:

The dam should be constructed. The investment discounted payback is 25 years.  

Explanation:

We have to make a cash flow for this case with the given data.  See the document attached.  

We consider an Initial cost of 30 millions in period 0,  then we have every periods benefit of 2.800.000 and 100000 direct cost.  

With those,  is obtained net cash flow for each year (period),  if we consider the given rate of interest, can be calculated the discounted cash flow

To know when this project covers all the investment,  we have to consider the cumulative discounted cash flow.  We have to see in the cash flow chart when the cumulative discounted cash flow break the 0 (became higher than 0).  

In this case ,  that will be at period 25. So we have to wait 25 years to recover the initial cost. Considering that the dam usually has a lifetime higher than that time,  the project at this scenario,  should be done.  

Download xlsx
5 0
3 years ago
Read 2 more answers
The following information was available for Hover Company at Dec 31, 2011; beginning inventory $110k; ending inventory $70k; cos
nata0808 [166]

Answer: Hoover's days in inventory in 2011 was 50 days.

Explanation:

Given that,

Beginning inventory = $110000

Ending inventory = $70000

Cost of goods sold = $660000

Sales = $900000

Average Inventory = \frac{Beginning\ Inventory + Ending\ Inventory}{2}

=  \frac{110000+70000}{2}

= 90000

Inventory Turnover =  \frac{cost\ of\ goods\ sold}{Average\ Inventory}

=  \frac{660000}{90000}

= 7.33

Hoover's days in inventory in 2011 = \frac{Number\ of\ days\ in\ a\ year}{Inventory\ Turnover}

= \frac{365}{7.33}

= 50 Days

3 0
3 years ago
During the first quarter, Francum Company incurs the following direct labor costs: January $55,200, February $51,000, and March
levacccp [35]

Answer:

See below

Explanation:

Date General journal Debit Credit

Jan. Work in process $39,192

Manufacturing overhead $39,192

($55,200 × 71%)

Feb. Work in process $36,210

($51,000 × 71%)

Manufacturing overhead $36,210

March. Work in process $45,866

($64,600 × 71%)

Manufacturing overhead $45,866

6 0
3 years ago
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