Answer:
Value-Added.
Explanation:
A value-added perspective on quality involves a subjective assessment of the efficacy of every step on the process for the customer. A value-added perspective on quality is a strategic business approach in which businesses engage in activities that brings value, benefits or satisfaction to the consumer of its goods and services, to achieve this goal, business managers usually ensures that the manufacturing and distribution process or steps are effective and efficient.
Answer:
The correct answer is: B. Bountiful and expected to continue to grow.
The tourism and hospitality industry is a fast growing and developing industry, so in the future, it is expected to grow, and become more bountiful.
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Answer:
$807,500
Explanation:
First determine the cost per unit (U) as a function of cost of materials (M):
M = 2 * $2.00 = $4.00
And cost of labor and overhead (L):
L = 2.7*($20.00+$10.00)
L= $81.00
Total cost per unit is:
U = M + L = $4.00+ $81.00
U = $85.00
The estimate cost of goods sold for the month of May (C) is the product of the cost per unit by the number of units sold during the month (9,500):
C= $85.00*9,500
C= $807,500
Therefore, the estimated cost of goods sold for May is closest to $807,500
