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3 years ago

What is the term that describes what a business has to pay to correct defective products?

2 answers:

7 0

I believe the correct answer from the choices listed above is option A. The term <span> that describes what a business has to pay to correct defective products would be the cost of quality. Hope this answers the question. Have a nice day.</span>

never [62]3 years ago

3 0

Answer: A. Cost of Quality

Explanation: Cost of quality (COQ) is the cost incur by an organization for creating product and services with less quality. It is the methodology that helps an organization to detect or evaluate the level of quality product and services it's organization is producing.

Cost of quality is represented by cost of good quality and cost of poor quality.

CoQ = CoGQ + CoPQ.

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At its $60 selling price, Atlantic Company has sales of $15,000, variable manufacturing costs of $4,000, fixed manufacturing cos

Kay [80]

Answer:

$28

Explanation:

Step 1:

If a company sells a product at $60 each and makes a sale of $15,000, the number of units of items produced is

$15,000 ÷ $60 = 250 units.

Step 2:

To calculate the company's contribution margin per unit,

we have, (unit selling prices - unit production cost)

unit selling price is #60

unit cost of production is (total cost of prodcution ÷ number of units)

total cost of production is $4,000+ $1,000+ $2,000+ $1,000 = $8000

Unit cost of production is $8000 ÷ 250 = $32

i.e it takes $32 to manufacture 1 product.

Contribution margin = $60 - $32

= $28

∴ the contribution margin is $28.

Cheers.

6 0

3 years ago

One of the long-run effects of higher government budget deficits is growth in the economy's private sector at the same time the

saveliy_v [14]

Complete Question:

One of the long-run effects of higher government budget deficits:

A. is growth in the economy's private sector at the same time the government sector shrinks.

B. a redistribution of real Gross Domestic Product (GDP) away from government-provided goods and toward more privately provided goods. C. a fall in the equilibrium price level.

D. an increase in the government's share of the nation's economic activity.

Answer:

D. an increase in the government's share of the nation's economic activity.

Explanation:

One of the long-run effects of higher government budget deficits is an increase in the government's share of the nation's economic activity because it would be mainly responsible for funding of the economy, thereby causing higher real Gross Domestic Product (GDP).

A government budget deficit arises when government expenses exceed it's revenue.

It usually expresses the financial health of a nation over a period of time.

3 0

3 years ago

Sheffield Corp. traded machinery with a book value of $978480 and a fair value of $906000. It received in exchange from Ivanhoe

Lemur [1.5K]

Answer:

Gain $72,480

Explanation:

Calculation for the amount of gain or loss that Sheffield should recognize on the exchange

Using this formula

Gain/Loss= Book value – Fair value

Let plug in the formula

Gain/Loss= $978,480 – $906,000

Gain=$72,480

Therefore the amount of gain or loss that Sheffield should recognize on the exchange will be $72,480

3 0

3 years ago

One example of a primary market transaction would be the: sale of 100 shares of stock by maria to her best friend. purchase by t

Korolek [52]

In the primary market investors buy securities directly from the company issuing them while the secondary market, investors trade securities among themselves, and the company with the security being traded does not participate in the transaction. Therefore, an example of a primary market transaction would be the sale of 1000 shares of newly issued stock by Alt Company to Miquel.

8 0

3 years ago

As assistant to the CFO of Boulder Inc., you must estimate the Year 1 cash flow for a project with the following data. What is t

dybincka [34]

Answer:

answer is a

Explanation:

7 0

2 years ago