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Gwar [14]
3 years ago
14

Which of these is a way to be sure that products or services are acceptable to customers?

Business
2 answers:
VMariaS [17]3 years ago
7 0

Which of these is a way to be sure that products or services are acceptable to customers?

QUALITY CONTROL

bija089 [108]3 years ago
3 0
Quality Control (QC) is a way to be sure that products or services are acceptable to customers.

Quality control is a process wherein companies review the quality of goods and services based on a set of quality standards.

The set quality standards are usually derived from information gathered from clients, customers, and authorized departments on what the quality of goods and services should be.

Products and services which passed quality control ensures that these are acceptable to customers.

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Statement of Cost of Goods Manufactured for a Manufacturing Company
natka813 [3]

Answer:

a. Cost of goods manufactured statement for January.

Work in process inventory, January 1                                  $ 135,240

Direct materials:

Materials inventory, January 1                     $ 196,000

Purchases                                                      $376,320

Cost of materials available for use             $ 572,320

Materials inventory, January 31                   ($176,400)

Cost of direct materials used in production                      $ 395,920

Direct labor                                                                           $352,800

Factory overhead:

Indirect labor                                                  $ 37,630

Machinery depreciation                                 $22,740

Heat, light, and power                                      $7,840

Supplies                                                            $6,270

Property taxes                                                  $5,490

Miscellaneous costs                                        $10,190

Total factory overhead                                                           $90,160

Total manufacturing costs incurred during January          $442,950

Total manufacturing costs                                                  $ 442,950

Work in process inventory, January 31                               ($121,720)

Cost of goods manufactured                                             $456,470

b. Determine the cost of goods sold for January.

Beginning Finished goods Inventory                                  $99,960

Add Cost of goods manufactured                                     $456,470

Less Ending Finished goods Inventory                              ($118,190)

Cost of goods sold                                                              $438,240

Explanation:

The Costs of Goods Manufactured is obtained from preparing a manufacturing cost schedule. This is an accumulation of all manufacturing costs.

The cost of goods sold is obtained by preparing Finished Goods Account or schedule as above.

5 0
3 years ago
In 2021, its first year of operations, Kimble Corp. has a $900,000 net operating loss when the tax rate is 20%. In 2022, Kimble
Helen [10]

Answer and Explanation:

Kimble Corp entries in 2021 to record the tax effects of the loss carryforward

a)Dr Deferred Tax Asset ($900,000 × 20%) 180,000

Cr Benefit Due to Loss Carryforward $180,000

Dr Benefit Due to Loss Carryforward $180,000

Cr Allowance to Reduce Deferred Tax Asset to Expected Realizable Value $180,000

(b)

Dr Income Tax Expense ($250,000 × 20%) $50,000

Cr Deferred Tax Asset $50,000

Dr Allowance to Reduce Deferred Tax Asset to Expected Realizable value $50,000

Cr Benefit Due to Loss Carryforward $50,000

5 0
3 years ago
Upon beginning her career at davidson inc., a small consulting firm, stephanie benjamin receives a copy of the firm's organizati
7nadin3 [17]
Upon beginning her career at Davidson inc., a small consulting firm, Stephanie Benjamin receives a copy of the firm's organization chart, which will clarify positions and reporting relationships within the firm. Correct answer: B
<span> The organization chart illustrates the relationships among positions within an organization . The chart has usual five elements: job design, departmentalization, delegation, span of management, and chain of command.</span>
6 0
3 years ago
Information regarding Maxwell’s direct labor cost for the month of January follows: Direct labor hourly rate paid $ 29.20 Total
Umnica [9.8K]

Answer:

  1. <u>std rate  $30.64</u>
  2. <u>efficiency variance  $6,128.00</u>

Explanation:

We will work the rate variance to obtain the standard rate:

(standard\:rate-actual\:rate) \times actual \: hours DL \: rate \: variance

actual rate  $29.20

actual hours 11,700

difference  $1.44

rate variance  $16,800.00

(standard\:rate-29.2) \times 11,700 = 16,700

(standard\:rate= 16,700 \div 11,700 +29.2

<u>std rate  $30.64</u>

<u></u>

<u>Now we can solve for the labor efficiency variance:</u>

(standard\:hours-actual\:hours) \times standard \: rate = DL \: efficiency \: variance

std  hours 11700

actual hours 11500

std rate  $30.64

difference 200

<u>efficiency variance  $6,128.00</u>

The diference is positive, sothe variance is favorable.

4 0
3 years ago
what is the supply chain function that receives inputs from the demand plan to procure materials, equipment, and services?
Salsk061 [2.6K]

Procurement  is the supply chain function that receives inputs from the demand plan to procure materials, equipment, and services.

The process of organizing the many tasks necessary to create and distribute goods and services to a company's clients is known as supply chain management. The transfer of raw materials from the supplier to the producer to the final delivery to the customer is all included in the supply chain. Designing, farming, manufacturing, packaging, and transportation are a few examples of supply chain operations. A supply chain is the entire process of getting a finished good or service to the client. It may be necessary to obtain raw materials, convey them to the production facility, and then deliver the finished products to a customer.

Learn more about supply chain from

brainly.com/question/25160870

#SPJ4

4 0
1 year ago
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