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3 years ago

14

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

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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The following information is available for Lock-Tite Company, which produces special-order security products and uses a job orde

lbvjy [14]

Answer:

Exercise 15-8

1. Raw materials purchases for cash.

Raw Materials $210,000 (debit)

Cash $210,000 (credit)

2. Direct materials usage.

Work In Process : Indirect Materials $186,000 (debit)

Raw Materials $186,000 (credit)

3. Indirect materials usage.

Work In Process : Direct Materials $15,000 (debit)

Raw Materials $15,000 (credit)

Exercise 15-9

1. Direct labor usage.

Work In Process : Direct Labor $265,000 (debit)

Salaries and Wages Payable $265,000 (credit)

2. Indirect labor usage.

Work In Process : Indirect Labor $80,000 (debit)

Salaries and Wages Payable $80,000 (credit)

3. Total payroll paid in cash.

Salaries and Wages Payable : $345,000 (debit)

Cash $345,000 (credit)

Explanation:

Raw Materials - T Account (To determine the Materials Transferred to Production)

Debit

Opening Balance $ 43,000

Add Purchases $210,000

Totals $253,000

Credit

Closing Balance $ 52,000

Transferred to Production (Balancing figure) $201,000

Totals $253,000

Thus, Direct Materials = $201,000 - 15,000 = $186,000

3 0

3 years ago

A provision stating that the insurer cannot dispute the validity of a policy after a specific period is called a(n) ______.

Mazyrski [523]

Incontestability clause - This tells us the insurance company may not contest the validity of the policy during the insured's lifetime for any reason, including fraud, if the policy has been in effect for a predetermined duration

What is incontestability clause?

An incontestability clause in a life insurance policy safeguards the policyholder and forbids the insurer from changing any aspect of the insurance coverage as a result of a misinterpretation or false statements made by the insured (the policyholder) after a certain amount of time. A life insurance policy's provider cannot revoke any statement after a specified period of time thanks to an incontestability provision. This provision is frequently regarded as offering policyholders the most robust defense.

Learn more about insurance here:

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2 years ago

________ is the difference between the prospective customer's evaluation of all the benefits and all the costs of an offering

alisha [4.7K]

Answer:

Customer Perceived Value (CPV)

Explanation:

CPV is associated with product marketing and branding. It state that success of product depends on customer perception about the product or service ability to setify their needs. Customers interpret and react to marketing messages.

3 0

3 years ago

What can you expect when you ask clients for testimonials? A. They'll want to come up with full-blown ideas.

Lisa [10]

B. They'll know exactly what you want.

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6 0

3 years ago

Read 2 more answers

Paxton Company can produce a component of its product that incurs the following costs per unit: direct materials, $10.50; direct

Sav [38]

Answer:

$8.50

Explanation:

Computation for the net incremental cost or savings of buying the component.

Using this formula

Incremental cost = Purchase price -Cost savings

Let plug in the formula

$37 - ($10.50+ $14.50 + 3.50)

Incremental cost=$37-$28.5

Incremental cost= $8.50

Therefore the net incremental cost or savings of buying the component is $8.50

3 0

3 years ago