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Neko [114]
3 years ago
9

When making scrap or rework decisions, management should consider: (Check all that apply.)a. Revenue from selling defective unit

s as scrapb. Incremental costsc. Lost profit on making and selling new units while reworking defective units
Business
2 answers:
3241004551 [841]3 years ago
8 0

Answer:

revenue from selling defective units as scrap.

incremental costs.

Explanation:

vlabodo [156]3 years ago
3 0

Answer:

The correct answer is all of the above

Explanation:

Scrap or the rework costs are the costs which is incurred in order to repair the   items that are defective. And the decision to rework or scrap an item or product, ground on the benefits or advantage of the incremental costs.

If the reworked units generate or yield greater advantage or benefit rather than the selling them as scrap, then the decision to rework will be considered.

And if the decision of rework is taken, then the management should consider the incremental costs, revenue or profit from selling the defective units as scarp and the lost profit on selling and making the new units while the rework is performed.

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What is the substitution effect? A. All goods have a substitute, and the rise in price for substitutes causes a rise in supply f
bekas [8.4K]

Answer:

C. is correct

Explanation:

When the price of one good rises, the demand for substitutes for that good rises, and vice versa

4 0
3 years ago
Read 2 more answers
Erin works at a financial institution. She has offered a housing loan to a customer. While carrying out the transaction, which l
zubka84 [21]

Answer:

D. Ensure that she credits the loan amount accurately to the customer’s account

Explanation:

Financial institutions are companies that offer a wide range of monetary and financial services to various customers. The financial institutions include; commercial banks, brokerage firms, investments firms and currency exchange companies. The services offered are; cash deposits and withdrawals, loans, investment services and currency exchange services.

These services can be offered to individuals or even companies that might need a wide range of financial services. In order for these services to be conducted in an orderly fashion, the services offered have to be regulated. This means that the service providers and the customers have to operate within a legal threshold. A knowledge of the legal responsibility of each party is therefor important in these type of environment.

In our case, the legal responsibility of Erin who works as a representative of the financial institution would be to ensure that she credits the loan amount accurately to the customer's account since Erin had already approved the customer's housing loan.

4 0
3 years ago
Profit maximization as a goal is ideal because it directly considers​ ________.
dedylja [7]
The answer is option "<span>b. eps and stock price.".
</span>
Stock price changes are famously hard to foresee, yet the earning per-share figure is a decent beginning stage for measuring an organization's prospects.The P/E proportion measures the connection between an organization's stock price and EPS (which stands for earnings per share) of stock issued. The P/E proportion is ascertained by separating an organization's present stock cost by its earning per share (EPS).
3 0
3 years ago
a. Total assets of Charter Company equal $710,000 and its equity is $425,000. What is the amount of its liabilities
Liula [17]

Answer:

the amount of its liabilities is $285,000

Explanation:

From the Accounting Equation, we know that :

Assets - Liabilities = Equity

Therefore,

Liabilities = Assets - Equity

                = $710,000  - $425,000

                = $285,000

4 0
3 years ago
Manufacturing and service are often similar in terms of what is done, but different in terms of how it is done. For example, man
torisob [31]

Answer: When considering measurement of productivity, manufacturing firm tends to do more in this scenario. In productivity, manufacturing firm operates around the clock in order to meet their target and the demands of the industry

Explanation:

Measurement of productivity

When considering measurement of productivity, manufacturing firm tends to do more in this scenario. In productivity, manufacturing firm operates around the clock in order to meet their target and the demands of the industry, while in service, productivity is still met but functionality only takes place when it's needed or when they are scheduled, in order to avoid failure or for optimal performance.

Quality assurance

In quality assurance, the manufacturing aspect gives a very great attention to this, although the service firm considers it but the manufacturing has to consider the quality of product, quality of items used as all will play a vital role on what kind of result they want.

8 0
3 years ago
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