The aspect of service quality would be the objective measure of goodness.
<h3><u>
What is service?</u></h3>
- In contrast to products, which we can physically touch or handle, services are the non-physical, intangible components of our economy.
- The majority of the economies of the wealthy countries are based on services like banking, education, healthcare, and transportation.
- They also represent the bulk of the economies of the developing countries.
- There is no transfer of ownership when a business offers a service and the client pays for it. We are unable to ship or store a service.
- They are only present as long as the customer is consuming them and the provider is supplying them.
For instance, getting a haircut is a service that cannot be stored or transported.
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Answer:
Net income decreased by $4,850,000.
Explanation:
Given total overhead applied = $48000000
The actual overhead = $52850000
Over/under Applied overhead = total overhead applied - Actual overhead at the end of the year.
Over / under Applied overhead = 48000000-52850000
Over / under Applied overhead = -$4850000
From the calculation, it can be seen that the overhead is underapplied therefore when under applied overhead allocated to cost of goods sold then cost of goods sold decreased by $4850000.
Answer:
$100,000
Explanation:
Depreciable cost refers to the portion of an asset's costs that will be spread throughout the use-life of the asset. It is the amount to depreciated over the gainful life of the asset.
Depreciable cost is calculated by subtracting salvage value from the original cost of the asset. Salvage value is also the scrap value.
Depreciable cost = asset cost - salvage value
Depreciable cost= $120,000 - $20,000
Depreciable cost =$100,000
The answer is that the person is known as "decider".
<span>There are many people present in an organization or company who are involved in the purchase decision, these people together makes a buying center. In buying center all those people have their own roles and are known as according to their roles. such as, purchasers, users, initiators, evaluators etc.</span>
