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Kipish [7]
3 years ago
9

As an exporter, Delios Trading wants to be paid before a consignment is shipped. Correspondingly, its importer in Japan, Abe Imp

orts, wants to pay only upon receipt of the consignment. These conflicting preferences of Delios Trading and Abe Imports are most likely a manifestation of
Business
1 answer:
zepelin [54]3 years ago
5 0

Answer:

Lack of trust

Explanation:

One of the key important assets to be managed in a business relationship is trust as it aids effective communication and ease the flow of business transaction.

However , trust is not guaranteed in every potential relationship considering the risks involved . That is the reason it is generally believed that one must work to earn a relationship.

In the situation where there is lack of trust , involved parties in a transaction will attempt to take maximum caution in order to mitigate or avoid the risks attached to the business transaction.

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With respect to product quality, deming believed that a company should never ________. pay more attention to quality than to pri
antoniya [11.8K]
<span>(B) is the most correct answer. Dr. Deming was a proponent of Total Quality Improvement, and felt that quality and improving such a measure should never be something that had an "endpoint." The company should always look for ways to improve the quality of a product or service.</span>
3 0
2 years ago
The company allocates manufacturing overhead using a single plantwide rate with direct labor cost as the allocation base. Estima
Finger [1]

Answer:

Allocated to Totes =$ 13,620.94

Explanation:

<em>Allocated overhead to totes = OAR × actual direct labour cost </em>

Overhead Absorption Rate(OAR) = Estimated Overhead/Estimated Direct labour cost

Estimated Direct labour cost = (54×530) + (64× 390 )=$53580

OAR = $25,500/$53,580 = 47.59%

Allocated to Totes =  47.59% × (54×530) =  13,620.94  

Allocated to Totes =$ 13,620.94

8 0
2 years ago
Erin Brushwood sells gourmet chocolate chip cookies. The results of her last month of operations are as follows: Sales revenue $
Anna [14]

Answer:

A) 32,090 cookies

B) $ 0.5665336

C)   32.938%

<em>Questions:</em>

A) If Erin sells her cookies for $1.72 each, how many cookies did she sell during the month?

B) Contribution margin per cookie

C) Contribution margin ratio

Explanation:

A) sales revenue / sale price per unit

55,194 / 1.72 = 32.089,53

B) and C)

variable cost:

manufacturing                        28,232

selling 8,908 x 20% =                1.781,6‬

administrative 11,516 x 60% =<u> 6.909,6‬  </u>

   Total variable cost:             37.014,2‬

Contribution Margin: 55,194 - 37,014.2 = 18.179,8‬

Contribution Margin Ratio 18,179.8 / 55,194 = 0,329380 = 32.938%

Contribution Margin per cookie:

$1.72 x 32.938% = 0,5665336

5 0
2 years ago
On March 1, Retro Inc. reported a balance in Supplies onf $200. During March, the company purchased supplies for $950 and consum
-BARSIC- [3]

Answer:

stockholer's equity will be overstated by $800.

Explanation:

The adjustment required is to record $800 of supplies used as an expense, hence, by carrying out the adjustment, net income is overstated by $800 so also retained earnings and shareholders' equity.

In other words,the balance that would be left in supplies is opening balance of $200 plus purchase of supplies which is $950 minus the supplies used.

balance of supplies=$200+$950-$800=$350

Option B is wrong the balance expected is $350 and the balance without adjustment is $200,that is $150 understatement not $350

4 0
2 years ago
Sutton Enterprises makes gadgets using a two-step process that involves machining and assembly, respectively. During the period,
MaRussiya [10]

Answer:

Total equivalent units= 11,890

Explanation:

Giving the following information:

Assembly Department completes 10,200 gadgets and transfers them to Finished Goods Inventory.

The Assembly Department has 2,600 gadgets in the process that are 65% complete for conversion.

<u>To calculate the equivalent units, we need to multiply the % complete for the number of units started:</u>

Units completed= 10,200

Units in ending inventory= 2,600*0.65= 1,690

Total equivalent units= 11,890

5 0
3 years ago
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