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yanalaym [24]
3 years ago
7

What is a review of successful products that takes place during the production​ process?

Business
1 answer:
tresset_1 [31]3 years ago
8 0

Answer:

Value analysis

Explanation:

The value analysis is the evaluation made by a company during the creation of a product to make sure that the specifications of it are adequate and that the cost is not higher than needed so that it can perform its functions properly at the right price. According to this, the answer is that the review of successful products that takes place during the production process is value analysis.

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Why feasibility analysis is important before starting a new business venture?state the role feasibility analysis with in entrepr
Lelu [443]
I am a right outside linebacker blitzing off the edge
4 0
3 years ago
A process produces​ 6,000 units of output that yield​ $5.00 per unit. Resources contributed to this output are 200 hours of labo
goblinko [34]

Answer:  30 units per hour

Explanation:

Given that,

Total number of product = 6,000 units

Yield = $5.00 per unit

Resources contributed to this output = 200 hours of labor at​ $15.00 per​ hour

Materials =​ $750

Overhead =​ $250

Labor productivity​ = \frac{Total\ number\ of\ product}{Resources\ contributed}

                              = \frac{6,000}{200}

                              = 30 units per hour

3 0
3 years ago
Following are financial statement numbers and ratios for CVS Health Corporation for the year ended December 31, 2016. 2016 Total
77julia77 [94]

Answer:

The correct option is B,$6,710 million

Explanation:

First and foremost,one needs to be aware that net operating profit margin(NOPM) of 3.6% was computed  by dividing operating profit after tax by  the total revenue for 2016,hence we use same formula to determine the net operating profit after tax for 2017 by merely changing the subject of the formula.

NOPM=net operating profit after/total revenue

net operating profit after tax=NOPM*total revenue

NOPM remains at 3.6%

total revenue for 2017=total revenue for 2016*(1+growth rate)

total revenue for 2016 is $177,526 million

growth rate is 5%

total revenue for 2017= $177,526*(1+5%)=$ 186,402.30  million

Net operating profit after tax= 186,402.30 *3.6%=$ 6,710.48  million

Approximately $6710 million

8 0
3 years ago
Katrina receives an offer to buy a box of candy through the mail each month. The letter says that she will begin receiving candy
Katarina [22]

Answer:D. Does not constitute an acceptance of the offer.

Explanation:A Contract is a binding agreement between two persons with sound mind, contract agreements are contestable in the Courts,but for it to be acceptable as an evidence in the court of law certain prescribed conditions must be met.

Their was no agreement between Katrina and the company candy company, because her consent was not sort by the Company,the company should have sort her consent and if possible get her to sign certain agreement that will prevent Indiscriminate violation of the terms of agreement.

3 0
3 years ago
Comparing ABC and Plantwide overhead Cost Assignments Wellington Chocolate Company uses activity-based costing (ABC). The contro
asambeis [7]

Answer:

$432,000 Setting up equipment ⇒ based on setup hours

$1,440,000 Other overhead ⇒ based on oven hours

product                units produced            setup hours          oven hours

Fudge                         8,000                         6,400                    1,600

Cookies                  445,000                         1,600                    8,000

1) Activity rate:

  • a) setup hours = total setup costs / total setup hours = $432,000 / 8,000 hours = $54 per setup hour
  • b) oven hours = total other overhead costs / total oven hours = $1,440,000 / 9,600 hours = $150 per oven hour

2) total overhead assigned to fudge = (6,400 setup hours x $54 per setup hour) + (1,600 oven hours x $150 per oven hour) = $345,600 + $240,000 = $585,600

5 0
3 years ago
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