Two ways for a company to guarantee quality of a product are quality control and quality __________

Which of the following is an example of a hard skill?Working well as part of a team Knowing how to prepare financial statements

Aleksandr [31]

Answer:

B. Knowing how to prepare financial statements

Explanation:

Hard skills are teachable and measurable abilities in an office writing, reading, or the ability to use computer programs are hard skills

6 0

3 years ago

Thomas was thinking about the car he wants to buy in a few years. He does not know what he should do now so that he

Kipish [7]

I believe that the answer is D. That he should become knowledgeable about smart ways to save and about car loans

7 0

2 years ago

If fixed costs are $821,000 and variable costs are 63% of sales, what is the break-even point in sales dollars

Nezavi [6.7K]

Answer:

Break-even point (dollars)= $2,218,919

Explanation:

Giving the following information:

Fixed costs= $821,000

Variable costs rate= 63%

If the variable cost rate is 63%, then the contribution margin rate is:

Contribution margin ratio= 1 - 0.63

Contribution margin ratio= 0.37

Now, the break-even point in sales revenue:

Break-even point (dollars)= fixed costs/ contribution margin ratio

Break-even point (dollars)= 821,000 / 0.37

Break-even point (dollars)= $2,218,919

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3 years ago

Small Company was liquidated in the current year by Parent Company, its sole shareholder. Parent received the following assets o

zlopas [31]

Answer:

$95,000 Capital Gain

Explanation:

First, note that during liquidation, the fair market value should be used for the valuation of assets

Step 1: Calculate the Net Assets taken over at Fair Market Value

Total Assets at the Market Value = $340,000

Subtact: Liabilities (land Mortgage) = ($40,000)

The Net Asset at Fair market value = $300,000

Step 2: Calculate the Capital Gain or loss from the Liquidation

fair Value of Net Assets Taken Over = $300,000 (from step 1)

Subtract: The Common stock of Small Com. = ($205,000)

The Capital Gain = $95,000

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3 years ago

Zahn Industries uses process costing system. During October, the finishing department had 30,000 units in beginning work-in-proc

disa [49]

Answer:

The equivalent units of production for materials and conversion costs are 98,000 units each

Explanation:

For computing the equivalent units of production for materials and conversion costs first, we have to compute the units started and completed units which is shown below:

= Beginning work-in-process inventory units + transferred units - ending work-in-process inventory units

= 30,000 units + 95,000 units - 45,000 units

= 80,000 units

Now the equivalent units of production would be

For material costs:

= (Units started and completed units × completed percentage) + (ending inventory units × completed percentage)

= (80,000 units × 100%) + (45,000 units × 40%)

= 80,000 units + 18,000 units

= 98,000 units

For conversion costs:

= (Units started and completed units × completed percentage) + (ending inventory units × completed percentage)

= (80,000 units × 100%) + (45,000 units × 40%)

= 80,000 units + 18,000 units

= 98,000 units

5 0

3 years ago

Two ways for a company to guarantee quality of a product are quality control and quality ___________.