Which of the following sectors should be restructured?

Explain how the costs of poor quality can affect competitiveness.

Soloha48 [4]

The competitiveness of a good usually depends on two key factors: its price, and its quality. While poor quality goods are less competitive from a quality perspective but poor quality goods are usually cheaper to produce resulting to a lower final price. So overall, the lower the cost and the higher the quality the more competitive a good is.

8 0

4 years ago

Plowin' Supply plans to make 15000 tractors at its plant. Fixed costs are $ 540000 and variable costs are $ 200 per tractor. Wh

Bas_tet [7]

Answer:

The average cost per tractor is $236

Explanation:

The average cost is calculated by dividing the sum of variable costs and fixed costs by the quantity of units produced.

Average cost per unit = Total cost of production/Quantity of units produced

Plowin' Supply plans to make 15,000 tractors with fixed costs are $ 540,000 and variable costs are $200 per tractor.

Total variable costs = 15,000 x $200 = $3,000,000

Total cost = Total variable costs + Fixed costs = $3,000,000 + $540,000 = $3,540,000

Average cost per tractor = $3,540,000/15,000 = $236

4 0

4 years ago

A company acquires a subsidiary and will prepare consolidated financial statements for external reporting purposes. For internal

NemiM [27]

Answer:

It is a relatively easy method to apply.

Explanation:

When accounting for a subsidiary, equity method is followed, whenever the shareholding percentage is equal or more than 20%.

But here, the parent company uses, initial value method for internal reporting.

Under initial value method the value of investment in subsidiary is recorded at cost, and then adjusted at year end at fair value, this clearly shows the gain or loss at each year end from such investment as per market norms.

There is no statutory requirement to follow such initial value method for internal reporting.

The correct reason therefore, is:

It is a relatively easy method to apply.

7 0

4 years ago

Which part of an insurance application would contain information regarding the cause of the death of the applicants deceased rel

ziro4ka [17]

Answer:

Medical information of the application includes information on the prospective insured's medical background, present health, any medical visits in recent years, medical status of living relatives, and causes of death of deceased relatives.

8 0

3 years ago

Ông Nguyễn Văn Thịnh, hiện là hiệu trưởng Trường THPT Nguyễn Gia Thiều, TP Hồ Chí Minh. Ông Thịnh có số tiền 500 triệu đồng, ông

8_murik_8 [283]

Answer:

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Explanation:

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5 0

3 years ago