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Soloha48 [4]
3 years ago
9

Rector Corporation is examining its quality control program. Which of the following statements​ is/are correct? I. Rework costs

should be regarded as a cost of quality when the rework is caused by internal failure. II. Prevention costs are costs that are incurred to prevent the sale and production of defective units. III. Internal failure costs are costs of failure of machinery on the production line.
Business
1 answer:
Andre45 [30]3 years ago
8 0

Answer:

II. Prevention costs are costs that are incurred to prevent the sale and production of defective units.

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Select the statements that are true.
o-na [289]
<h2>The first three options are right</h2>

Explanation:

Exchange rate:

  • The "price  or value of one country's currency" is exchanged for the price of "another country's currency value".
  • The exchange rate always varies. It gets updated everyday.
  • Exchange rates are calculated based on the value of "interest rate, trade, inflation, growth rate, employment and geopolitical conditions".
  • There are two ways in which currency value is determined. A floating value is identified by the open market.
  • We must travel to another country when we need more exchange rates.

4 0
3 years ago
This demand curve demonstrates the law of demand. The law of demand states that as the price of a good rises, the quantity deman
Nutka1998 [239]

Answer:

Fall

Rise

Explanation:

This demand curve demonstrates the law of demand. The law of demand states all other things remaining equal, as the price of a good or service rises, the quantity demanded of that good will FALL OR DECREASE. As the price of a good or services falls, the quantity demanded of that good will RISE OR INCREASE.

The demand curve is also downward sloping. Consumers buy more at lower price and buy less at higher price. Higher price reduces their purchasing power while lower price increases their purchasing power.

6 0
3 years ago
Read 2 more answers
Northern Pacific Fixtures Corporation sells a single product for $28 per unit. If variable expenses are 65% of sales and fixed e
Lemur [1.5K]

Answer:

the break even point is $28,000.00

Explanation:

The computation of the break even point is given below:

= Total fixed expenses ÷ contribution margin ratio

= $9,800 ÷ (1 - 0.65)

= $9,800 ÷ 0.35

= $28,000.00

Hence, the break even point is $28,000.00

We simply applied the above formula

6 0
3 years ago
The following items were included in Castle City's General Fund expenditures for the year ended June. Personal computer for the
ad-work [718]

Answer:

$0

Explanation:

Capital assets are useful items that a business intends to keep beyond the current financial year. They are assets held for personal or investment purposes. Capital assets exclude items meant for sale in the current financial period.

Capital assets are used in the business operations to generate more revenues for the company. They are assets with a  use-life that is greater than one year. Castle City General purchased a computer to be used by the city's treasurer. Castle City General will not use this item; hence it will not help in generating any revenues. The Furniture is for the mayor's office, and not the Castle City operations. These two purchases will not be included in Castle City books as capital expenditures.

8 0
3 years ago
If nations such as Germany, Japan, and the United States prohibited international trade in automobiles, a likely effect would be
Musya8 [376]

Answer:

C. the price effect would become a more significant consideration for each firm that makes automobiles.

Explanation:

The situation above is highly related to the topic about "supply" and "demand." If the nations of <em>Germany</em>,<em> Japan</em> and <em>the U.S.A</em>. prohibits the international trade in automobiles, this will result to a<u> surplus of automobile goods within the country.</u> Since these automobiles were meant to be sold abroad, the prohibition will<em> lower its international demand.</em> Such increase in supply will have a significant effect on the price of the automobiles. This is the reason why each firm should have to consider the situation's effect on the price of the automobiles and related goods.

So, this explains the answer.

4 0
4 years ago
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