High quality is not necessarily related to price. discuss this, drawing from your own knowledge and experience, and provide examples where this may and may not be true. high quality is not necessarily related to price. <u>quality assurance.</u>
The Quality to Price Ratio (or QPR as it is commonly known) is a commonly used concept in the wine industry. Essentially, it's just a measure of perceived value, the enjoyment you're weighing against the price you're paying.
If the price is low, a small change in price equates to a large change in quality. At higher prices, small price changes correspond to small quality changes. However, in all cases, the higher the price, the higher the quality level.
The price-quality matrix designed by Philip Kotler focuses on the cross-section between his two metrics that give the model its name. By positioning a product or service relative to its competitors, retailers can position themselves in the market based on the price and quality of each item.
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Answer:
<u>Overhead Report for heavy-duty trailer axles.</u>
Order size ($ 16.85 × 200) $3,370.00
Customer orders ($ 320.00 × 1) $320.00
Product testing ($ 89.00 × 4) $356.00
Selling ( $ 1,090.00 × 2) $2,180.00
Total $6,226.00
Conclusion :
The total overhead cost assigned to the order is $6,226.00
Explanation:
ABC system allocates overheads to jobs using cost drivers.
First an Activity Center where costs accumulate is identified these can be several in our scenario we have four Activity Centers.
Then the Cost driver rate is calculated for each Activity Center. Our question has provided these.
The final step is to allocate the overheads to a particular job using the cost driver rate.
Answer:
D)fraud
Explanation:
From the question, we are informed about Olive, the owner of Olive’s Orchard, contracts to sell its harvest to Pure Foods, Inc. Later Olive refuses to perform. Pure Foods files a suit to enforce the contract. Olive and Pure Foods are in a state that does not recognize the doctrine of unconscionability. To defend successfully against enforcement of the contract on similar grounds,. In this case, Olive might rely on traditional notions of a fraud. Fraud can be regarded as an act of deception which is intentional to deprive those that fall for it their legal right. It is activities that gives the perpetrator an unlawful gain or to deny a victim their right. It is carried out by people to get financial or personal gain in an unlawful manner. Some types of fraud that are common are are tax fraud, bankruptcy fraud. as well as credit card fraud,
Answer:
the company should buy and install the press because the NPV of the project is positive ($73,133.75)
Explanation:
the MACRS 5 year depreciation:
- $375,000 x 20% = $75,000
- $375,000 x 32% = $120,000
- $375,000 x 19.2% = $72,000
- $375,000 x 11.52% = $43,200
- $19,800, since salvage value at year 5 is $45,000
- $0 x 5.76% = $0
salvage value $45,000
total initial investment = $375,000, discount rate = 11%
- cash flow year 1 = {($142,000 - $15,000 - $75,000) x (1 - 34%)} + $75,000 = $109,320
- cash flow year 2 = {($142,000 - $2,000 - $120,000) x (1 - 34%)} + $120,000 = $133,200
- cash flow year 3 = {($142,000 - $2,000 - $72,000) x (1 - 34%)} + $72,000 = $116,880
- cash flow year 4 = {($142,000 - $2,000 - $43,200) x (1 - 34%)} + $43,200 = $107,088
- cash flow year 5 = {($142,000 - $2,000 - $19,800) x (1 - 34%)} + $19,800 + $45,000 = $144,132
the NPV of the project = -$375,000 + $109,320/1.11 + $133,200/1.11² + $116,880/1.11³ + $107,088/1.11⁴ + $144,132/1.11⁵ = $73,133.75
Answer:
The presented is the list of efficiency guidelines established underneath to evaluate success.
Explanation:
<u>A fast-food restaurant</u>:
- Quantified by the institution's earnings.
- The measurement of efficacy through both the advertisement via recommendations from media.
<u>A school of business</u>:
- The efficiency would be determined either by the arrangement offered by the university.
- These are calculated by that of the outcome that the students received.