Answer:
False
Explanation:
QFD is the process by which the opinions or wants of customers are used to create products that meets the needs f consumers
The process being employed in the scenario above is called
quality control. This is a system being used in means of maintaining standards
with the use of testing out samples or products in order to check and maintain
the standards that has been implemented.
Answer:
net incremental cost = $ 2.2
Explanation:
Data provided:
Direct material cost = $ 10 per unit
Direct labor cost = $ 24 per unit
Overhead cost = $ 16 per unit
thus,
the total cost of the product = $ 10 + $ 24 + $ 16 = $ 50
Now,
if bought from outside cost = $ 45
Overhead cost if bought from outside = 45% of the overhead cost
= 0.45 × $ 16 = $ 7.2
hence, the total cost if bought from outside = $ 45 + $ 7.2 = $ 52.2
since, the cost of product if bought from outside side is greater than the product is produced by own
therefore, the net incremental cost = $ 52.2 - $ 50 = $ 2.2
Answer:
the present value of the annuity = $4,523,638
Explanation:
this is an ordinary annuity:
annual payment = $9,420,713 / 20 = $471,035.65
number of periods = 19 periods
interest rate = 8%
therefore, the present value annuity factor = 9.6036
the present value of the annuity = $471,035.65 x 9.6036 = $4,523,637.97 ≈ $4,523,638
Answer:
$84,200
Explanation:
The Net Income for the 2020 financial period can be calculated through the Retained Earnings Account for 2020 as follows :
Retained Earnings at beginning of the year $249,100
Add Net Income for the year (Balancing figure) $84,200
Less Dividend Declared for the year ($11,300+$17,000) ($28,300)
Retained Earnings at end of the year $305,000
