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3 years ago

Which of the following is a method best used for total quality management? (1 point)

1 answer:

3 0

MEASURING THE PRODUCTIVITY OF A WORKFORCE is a method that is best used for total quality management.
Total quality management refers to all the activities that are involved in getting high quality products and services to the market for consumers to buy. Total quality management is a combination of quality and management tools which are geared at improving business and reducing losses as a result of wasteful practices.

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You've collected the following information about a company: Assets Liabilities and Equity Cash 13,000 Accounts payable 16,000 Ma

professor190 [17]

Answer:

The answer is "$228,000"

Explanation:

Formula:

$\text{Total Assets = Current Assets + Fixed Assets}$

$= [\$ 13,000 + \$ 2,000 + \$ 4,000 + \$ 95,000] + [\$ 34,000 + \$ 80,000]\\\\= [\$ 114,000] + [\$ 114,000]\\\\= \$ 228,000$

8 0

3 years ago

Harper, Inc., acquires 40 percent of the outstanding voting stock of Kinman Company on January 1, 2020, for $347,200 in cash. Th

Goshia [24]

Answer:

Kinman Company 272,000 debit

Royalties Kinman Co 54,000 debit

Building Kinman Co 21,200 debit

Cash 347,200 credit

--to record the purchase--

sales revenue 9,960 debit

account receivables 9,960 credit

inventory 6,972 debit

cost of goods sold 6,972 credit

--to record the unsold part of the inventory in Kinman--

Cash 6,000 debit

Kinman Company 6,000 credit

-- to record dividends--

loss on investment 18,240 debit

retained earnings 9,680 debit

Kinman Company 27,920 credit

--to record net loss of Kinman--

Explanation:

60% of Kinman Company:

680,000 x 40% = 272,000

Excess in Market value of building:

117,800 - 64,800 = 53,000

53,000 x 40% = 21,200

Royalty agreement market value: 135,000

135,000 x 40% = 54,000

Total Value:

272,000 + 21,200 + 54,000 = 347,200

now, we must "unrecord" the unsold part of the inventory of Kinman as it is now considered a intra-entity transaction.

Sales Revenue:

24,900 x 40% = 9,960

Cost of Good Sold:

77,700 x 24,900/111,000 x 40% = 6,972

Dividends: they are not considered gain but a distribution of cash from Kinman to us.

15,000 x 40% = 6,000

Losses impact the equity thus, decrease the Kinman Company account

45,600 + 24,200 = 69,800

69,800 x 40% = 27,920

The comprehensive loss will directly decrease retained earnigns rather a loss directly.

45,600 x 40% = 18,240

24,200 x 40% = 9,680

The rest of the transactions occurs in 2021 and we are only asked for 2019/2020

4 0

3 years ago

M Company manufactures tables. At the beginning of December, the beginning work in process inventory was 300 units, which were 4

katrin2010 [14]

Answer: Equivalent units for conversion = 4870 units

Explanation:

Given that,

Beginning work in process inventory = 300 units

Beginning work in process inventory for conversion = 40% of 300 units

= 120 units

5,000 units were started in December.

Ending work in process = 500 units

Ending work in process inventory for conversion = 50% of 500 units

= 250 units

Units started and completed = 5000 - 500

= 4500 units

Equivalent units for conversion = 4870 units

6 0

3 years ago

A registered publicly traded issuer has 10,000,000 shares outstanding. If a wealthy investor buys 6,000,000 shares and intends t

Harrizon [31]

Answer:

the investor must file a 13D report with the SEC.

Explanation:

Any investor that holds more than 5% of the outstanding stocks of a publicly traded corporation must file a 13D report. The investor is classified as a beneficial owner by the Securities and Exchange Commission (SEC) since their influence and voting power in the corporation are very large. It must be filed within 10 days of the transaction that resulted in more than 5% in the corporation.

4 0

3 years ago

Managers rarely have to manage multicultural teams within one organization in one location.

aleksklad [387]

In today's world, even single-location facilities often draw a workforce composed of individuals from a plethora of different geographical, ethnic, social, and religious groups. As such, even a locally-oriented manager must be globally-minded, with an ability to manage across cultures to maximize the potential of his employees. As such, the answer here is certainly b. False.

4 0

3 years ago