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mr Goodwill [35]
3 years ago
9

What includes the tasks, activities, and responsibilities required to execute each step in a business process?

Business
1 answer:
AlekseyPX3 years ago
4 0

Answer:

Workflow Definition

Explanation:

Workflow is a complete detailed process which helps to design a product. It consists of different phases that are separated and work together to finish the goods in time. Workflow is a complete step by step procedure from start to the end. It includes task, activities and all the responsibilities that are required in steps to finish a product.

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Astor Manufacturing stores hazardous and volatile chemicals in its warehouse. The warehouse has state-of-the-art equipment to ma
Wittaler [7]

Answer:

C. strictly liable for Will's injuries

Explanation:

In law, Strict liability is a situation when defendant is required to be responsible to a certain situation, but can't be considered as guilty to any violation.

There are two points that need to be highlighted from the case above:

1.  Astor Manufacturing process has fulfilled all of its safety regulation for storing the dangerous product.

2. The dangerous product owned by Astor Manufacturing caused William's injury.

The regulations for hazard management is created by the government, and the leak is not caused by their negligence. It's caused by unexpected natural disaster.  This is why we can't say that Astor is guilty to any violation.

But still, the chemical that they created injured William. The court will most likely force Astor to be responsible for all the medical expenses incurred by william.

6 0
3 years ago
If you wanted to build a structure on a river bank, you should build the structure __________ to maximize its lifetime.
Marina CMI [18]

Answer:

Above the point bar

Explanation:

channelization

Straightened sections of the river channel are lined with concrete to increase the rate of flow and reduce bank collapse

Advantages of channelization

Improves rate of flow

Benefits transportation

Reduces bank collapse

6 0
2 years ago
Job 243 was recently completed. The following data have been recorded on its job cost sheet: Direct materials $ 51,870 Direct la
Virty [35]

Answer:

$19.20

Explanation:

Computation for the unit product cost that would appear on the job cost sheet for this job.

First step is to compute the Total Product cost

Job 243

Direct material $ 51,870

Direct labor (435*11) 4,785

Overhead (516*13) 6,708

Total Product cost $63,363

Now let Compute the unit product cost

Unit product cost=$63,363/3,300 units

Unit product cost =$19.20

Therefore the unit product cost that would appear on the job cost sheet for this job is $19.20

8 0
2 years ago
assume the fixed overhead per unit was $1.50 for both the beginning and ending inventory. what is net income under absorption co
Nesterboy [21]

Answer:

Net income under absorption costing is <u>$904,370</u>.

Explanation:

Note: This question is not complete and it contains an error in the only available data. The complete correct question is therefore provided before the question is answered as follows:

Kluber, Inc. had net income of $908,000 based on variable costing. Beginning and ending inventories were 55,800 units and 53,600 units, respectively. Assume the fixed overhead per unit was $1.65 for both the beginning and ending inventory. What is net income under absorption costing?

The explanation to the answer is now given as follows:

Variable costing is a costing technique that takes only the variable cost into consideration and exclude the fixed manufacturing overhead from the production production cost of a product.

Absorption costing is a costing technique in which the fixed overhead cost of production is allocated to products produced.

For this question, net income under absorption costing can be determined as follows:

Net income based on variable costing = $908,000

Total beginning fixed overhead = Beginning inventories * Fixed overhead per unit = 55,800 * $1.65 = $92,070

Total ending fixed overhead = Ending inventories * Fixed overhead per unit = 53,600 * $1.65 = $88,440

Adjustment for fixed overhead for the period = Total ending fixed overhead - Total beginning fixed overhead = $88,440 - $92,070 = -$3,630

Net income under absorption costing = Net income based on variable costing + Adjustment for fixed overhead for the period = $908,000 + (-$3,630) = $908,000 - $3,630 = $904,370

Therefore, net income under absorption costing is <u>$904,370</u>.

7 0
3 years ago
Assume there are only three possible states of nature for the economy in the future: boom, normal, and recession. If there is a
BartSMP [9]

Answer:

a. 45%

Explanation:

The sum of total probabilities  is always equal to 1. Since in the given question only three probabilities are given, so the sum of these three probabilities shall be 1 which is represented as follows by the equation:

probability of boom+probability of normal+probability of recession=1

In the given question:

probability of boom=30%

probability of recession=25%

30%+probability of normal+25%=1

Probability of normal=1-25%-30%=45%

So based on the above calculations, the answer shall be a. 45%

7 0
3 years ago
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