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Aliun [14]
4 years ago
10

A company found that they had lost $30,000 in scrap and rework. They had spent $35,000 in prevention-related activities. The rat

io of prevention cost to failure cost is ______________.
Business
1 answer:
natita [175]4 years ago
8 0

Answer:

7:6

Explanation:

A company lost $30,000 in scrap and rework

They spent $35,000 in prevention related activities

Therefore the ratio of prevention cost to failure cost can be calculated as follows

= 35,000/30,000

= 7:6

Hence the ratio of the prevention cost to failure cost is 7:6

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3 years ago
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Economic agents who borrow funds are known as debtors ​, the funds that they borrow are referred to as credit ​, and this activi
Alja [10]

Answer: Loan-able funds market

Explanation:  

 The loan-able funds market is one of the type of economics based market that helps in determining the various types of supply an the demand loan- able funds in the market.

The borrowing an the crediting are the process that comes under the loan-able funds market activities. In this process, the people are borrowing the funds for the investment purpose instead of using in the personal consumption.  

 Therefore, Loan-able funds market is the correct answer.  

7 0
3 years ago
Concord Corporation has a new product going on the market next year. The following data are projections for production and sales
kirza4 [7]

Answer:

$7.57

Explanation:

Return on investment (ROI) = Net profit/Investment = 14%

Net profit/$1,300,000 = 14%

Net profit = $1,300,000 × 14% = $182,000

Total costs = Variable costs + Fixed costs = $125,000 + $450,000 = $575,000

Total revenue = Total costs + Net profit = $575,000 + $182,000 = $757,000

Target selling price = Total revenue/Units produced and sold = $757,000/100,000 = $7.57

7 0
3 years ago
James Industries uses departmental overhead rates to allocate its manufacturing overhead to jobs. The company has two department
GREYUIT [131]

Answer:

Total cost= $9395

Explanation:

Giving the following information:

The company has two departments: Assembly and Sanding.

The Assembly Department:

Departmental overhead rate of $35 per machine hour.

The Sanding Department:

Departmental overhead rate of $20 per direct labor hour.

Job 603:

Direct labor hours used 85

Machine hours used 107

The cost of direct labor is $30 per hour

Direct materials used= $1,400.

Total cost= direct materials + direct labor + manufacturing overhead

Total cost= 1400 + $30*85 + [(107*$35)+(85*$20)]

Total cost= 1400 + 2550 + 5445

Total cost= $9395

6 0
4 years ago
Multiple Select Question Select all that apply Which of the following are facility-level activities? Human resource hiring fairs
Olenka [21]

The full question is:

Which of the following are facility-level activities? (select all that apply)

a. Paying factory insurance

b. Setting up factory equipment

c. Arranging for shipping products to a customer

d. Property taxes on plant

Answer:

Paying factory insurance

Property taxes on plant

Explanation:

Facility level activities are defined as those activities that cannot be traced to a particular product, but are carried out to maintain the general operations of a business. They are also called business sustaining activities.

Examples include depreciation, cost of security, cost of maintenance and taxes.

These activities need to be executed seamlessly by the business if they want to maintain efficiency of the production process. For example if machines are not maintained according to maintenance schedule, they can breakdown and cause delays in production.

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3 years ago
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