What are the aims of standardization

Answers

Answer 1

Answer: The aims of standardization are as follows: to make a product, process or service fit for its purpose, controlling variety by using the optimum number of types or sizes, ensuring compatibility of various products, health, safety, protection of the environment, etc. The basic principle of standardization is consensus.

Explanation: there you go


Related Questions

Answer and I give u brainliest and extra pts

Answers

Answer:

b

Explanation:

Someone who does not have an aptitude or ability in a career area is at disadvantage if they select a career in that
field.
Please select the best answer from the choices provided
O T

Answers

Someone who does not have an aptitude or ability in a career area is at a disadvantage if they select a career in that field. ... When working on developing an ability, it is important to get feedback to know how you are doing. True. Jobs that require you to use your aptitudes are typically unrewarding

Answer:

true

Explanation:

Chang and Smith Tours has the following balance sheets: 2018 2019 Assets Cash $209 $197 Accounts Receivable 684 726 Inventory 918 1,023 Net Fixed Assets 2,014 1,944 Total Assets $3,825 $3,890 Liabilities and Equity Accounts Payable $748 $818 Notes Payable 306 300 Long-Term Debt 1,647 1,724 Stockholders' Equity 1,118 1,048 Total Liabilities and Equity $3,819 $3,890 What is the amount of net working capital for 2019

Answers

Answer:

Chang and Smith Tours

The amount of net working capital for 2019 is:

$828.

Explanation:

a) Data and Calculations:

Chang and Smith Tours

Balance sheets:                        2018            2019

Assets

Cash                                          $209            $197

Accounts Receivable                  684             726

Inventory                                      918           1,023

Net Fixed Assets                      2,014           1,944

Total Assets                           $3,825       $3,890

Liabilities and Equity

Accounts Payable                     $748           $818

Notes Payable                            306             300

Long-Term Debt                      1,647           1,724

Stockholders' Equity                 1,118           1,048

Total Liabilities and Equity   $3,819        $3,890

Working capital:

Current assets:

Cash                                          $209            $197

Accounts Receivable                  684             726

Inventory                                      918           1,023

Less current liabilities

Accounts Payable                     $748           $818

Notes Payable                            306             300

Net working capital                 $757           $828

b) The net working capital is the difference between current assets and current liabilities.

To complete the model of international trade using the PPF, we must also use the idea of indifference curves. One of these curves represent: * a set of alternate quantities of both goods (sloped negatively), whereby consumers are equally satisfied in their level of utility gained. a fixed quantity of one good (such as wheat) and a varying amount of the other good. consumers who are indifferent to everything. producers who do not care which production method is chosen.

Answers

Answer:

The answer is "The first choice".

Explanation:

In this model the international exchange, its limitation of output, commonly called PPF, that is just a sequence with products in which the customers want a degree of power is derived from of the set and in other terms indifference from the whole category of products, which is why the set of alternate amounts from both goods (negative slopes) satisfy customers equally.

Crane Company, a computer services company, entered into these transactions during May 2017, its first month of operations.
1. Stockholders invested $32,000 in the business in exchange for common stock of the company.
2. Purchased computers for office use (recorded as Equipment) for $26,600 from Ladd on account.
3. Paid $5,500 cash for May rent on storage space.
4. Performed computer services worth $18,400 on account.
5. Performed computer services for Wharton Construction Company for $5,300 cash.
6. Paid Western States Power Co. $8,500 cash for energy usage in May.
7. Paid Ladd for the computers purchased in (2).
8. Incurred advertising expense for May of $1,800 on account.
9. Received $10,200 cash from customers for contracts billed in (4).
Using the following tabular analysis, show the effect of each transaction on the accounting equation. Put explanations for changes to revenues or expenses in the far right column.
Assets Liabilities Stockholders Equity
Cash + Accounts + Equipment = Accounts + Common + Retained Earnings
Receivable Payable Stock Revenue Expenses

Answers

Using the following tabular analysis to show the effect of each transaction on the accounting equation is as follows:

                                             Assets = Liabilities  + Stockholders Equity

No. Cash + Accounts + Equipment = Accounts + Common +    Retained

                 Receivable                          Payable       Stock          Earnings

                                                                                          Revenue Expenses

1. $32,000                                                              $32,000

2.                                     $26,600       $26,600

3. -$5,500                                                                                          -$5,500

4.                $18,400                                                            $18,400

5. $5,300                                                                             $5,300

6. -$8,500                                                                                         -$8,500

7. -$26,600                                        -$26,600

8.                                                             $1,800                               -$1,800

9. $10,200 -$10,200

    $6,900   $8,200      $26,600         $1,800  $32,000 $23,700  -$15,800

Summary of transactions:

Total Assets = $41,700 ($6,900 + $8,200 + $26,600)

Liabilities = $1,800

Common Stock = $32,000

Net Income = $7,900 ($23,700  -$15,800)

Total liabilities and equity = $41,700

Transaction Analysis:

1. Cash $32,000 Common stock $32,000

2. Equipment $26,600 Accounts Payable (Ladd) $26,600

3. Rent expenses $5,500 Cash $5,500

4. Accounts Receivable $18,400 Service Revenue $18,400

5. Cash $5,300 Service Revenue $5,300

6. Utility expense $8,500 Cash $8,500

7. Accounts Payable (Ladd) $26,600 Cash $26,600

8. Advertising Expense $1,800 Accounts Payable $1,800

9. Cash $10,200 Accounts Receivable $10,200

Thus, the accounting equation remains in the balance after each transaction.

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On the same day that the sales department at Duffin House received an order for 500 packages from the OHaganBooks Texas headquarters, it received an additional order for 150 packages from FantasyBooks, based in California. Duffin House has warehouses in New York and Illinois. The New York warehouse has 500 packages in stock, but the Illinois warehouse is closing down and has only 250 packages in stock. Shipping costs per package of books are as follows: New York to Texas: $20; New York to California: $50; Illinois to Texas: $30; Illinois to California: $40. What is the lowest total shipping cost for which Duffin House can fill the orders

Answers

Answer:

Duffin House

The lowest total shipping cost for which Duffin House can fill the orders is:

= $16,000.

Explanation:

a) Data and Calculations:

Orders received from OHaganBooks, Texas = 500 packages

Orders received from FantasyBooks, California = 150 packages

No. of packages in stock at New York Warehouse = 500

No. of packages in stock at Illinois Warehouse = 250

Shipping cost:

New York to Texas: $20;

New York to California: $50;

Illinois to Texas: $30;

Illinois to California: $40

Lowest shipping cost arrangement:

500 packages from New York to Texas at $20 = $10,000

150 packages from Illinois to California at $40 = $6,000

Total shipping cost = $16,000

Other shipping cost arrangement:

150 packages from New York to California at $50 = $7,500

350 packages from New York to Texas at $20 = $7,000

150 packages from Illinois to Texas at $30 = $4,500

Total shipping cost under this arrangement = $19,000

b) The key in making this shipping arrangement is to identify the lowest shipping cost per package.  The order that attracts this shipping cost is taken first.  Then identify the next lowest shipping cost that is feasible and have the order fulfilled accordingly.


a) What are the two features in a market economy that stem from self interest?

Answers

Answer:

Private property rights and the market.

Explanation:

Jackson, Inc. produces two different products (Product 5 and Product Z) using two different activities:Machining, which uses machine hours as an activity driver, and Inspection, which uses a number of batches as an activity driver. The cost of Machining is $255,000, while the cost of Inspection is $35,000. Product 5 uses 33% of total machine hours and 65% of total batches.What is the total Inspection cost assigned to Product Z?(a) $12,250(b) $17,500(c) $84,150(d) $170,850

Answers

Answer:

Inspection costs allocated= $12,250

Explanation:

Giving the following information:

The cost of Machining is $255,000, while the cost of Inspection is $35,000. Product 5 uses 33% of total machine hours and 65% of total batches.

First, we need to determine the allocation rate of Inspection for Product Z:

Allocation rate Product Z= 1 - Product 5 use of batches

Allocation rate Product Z= 1 - 0.65

Allocation rate Product Z= 0.35

Now, we can allocate Inspection costs:

Inspection costs allocated= 35,000*0.35

Inspection costs allocated= $12,250

MacKenzie Company sold $420 of merchandise to a customer who used a Regional Bank credit card. Regional Bank deducts a 5.0% service charge for sales on its credit cards. MacKenzie electronically remits the credit card sales receipts to the credit card company and receives payment immediately. The journal entry to record this sale transaction would be: Multiple Choice

Answers

Answer:

See below

Explanation:

Credit card expense = 5% of sales value $420 = $21

The broadcast news test advises corporate executives to _______. Multiple Choice Make certain that the things they do that are questionable do not end up on the front page of the newspaper or in the media to preserve the appearance of good ethics and meet the bottom line goal of profits Test all corporate policy by the standards of good publicity; that is, only do those things that will increase corporate bottom line profits by leading to good publicity Only do those things in secret that you would not mind becoming public, that is, showing up in the broadcast news All of the answer choices are correct

Answers

Answer: Make certain that the things they do that are questionable do not end up on the front page of the newspaper or in the media to preserve the appearance of good ethics and meet the bottom line goal of profits

Explanation:

The broadcast news test is simply defined as the approach taken in a company to ensure that it's employees are acting in an ethical manner.

The broadcast news test advises corporate executives to make certain that the things they do that are questionable do not end up on the front page of the newspaper or in the media to preserve the appearance of good ethics and meet the bottom line goal of profits.

Smith Company exchanges assets to acquire a building. The market price of the Smith stock on the exchange date was $35 per share and the building's book value on the books of the seller was $250,000. Which of the following journal entries is correct for Smith Company when Smith issues 10,000 shares of $10 par value common stock and pays $20,000 cash in exchange for the building?
A) The common stock account increases by $100,000.
B) The building account increases by $370,000.
C) Stockholders' equity increases $350,000.
D) The additional paid-in capital account increases by $100,000.

Answers

Answer:

B) The building account increases by $370,000.

Explanation:

Since the per share value is $35

Also the 10,000 shares are issued at $10 and pays $20,000 in exchange of building

So the building account would be increased by

= 10,000 shares × $35 + $20,000

= $350,000 + $20,000

= $370,000

hence, the correct option is B.

The weight of a product is normally distributed with a standard deviation of 0.5 grams. If the production manager wants no more than 5% of the products to weigh more than 5.1 grams, then the average weight should be _____.

Answers

Answer:

4.28 grams

Explanation:

The z score is used to determine by how many standard deviations the raw score is above or below the mean. The z score is given by the formula:

[tex]z=\frac{x-\mu}{\sigma} \\\\where\ \mu=mean,\sigma=standard \ deviation,\ x=raw\ score[/tex]

Given that:

P(x > 5.1 grams) = 5%, x = 5.1 grams, σ = 0.5 grams

P(x > 5.1 grams) = 5%

P(x < 5.1 grams) = 100% - 5% = 95%

P(x < 5.1) = 95%

From the normal distribution table, 95% corresponds with a z score of 1.645. Hence:

[tex]1.64=\frac{5.1-\mu}{0.5}\\\\5.1-\mu=0.82\\\\\mu=4.28\ grams[/tex]

The Great Railway Strike of 1877 __________. Group of answer choices represented a weakness in the system that allowed railroads to shut down, thus shutting down commerce occurred when the Baltimore and Ohio railroad announced a pay cut of 10% for all of its workers was calmed when the railroad gave in to demands of the workers resulted in significant legislation to prevent railroad strikes from ever happening again

Answers

Answer:

occurred when the Baltimore and Ohio railroad announced a pay cut of 10% for all of its workers.

Explanation:

The Great Railway Strike of 1877 occurred when the Baltimore and Ohio railroad announced a pay cut of 10% for all of its workers.

What is the value of a building that is expected to generate fixed annual cash flows of $13,800 every year for a certain amount of time if the first annual cash flow is expected in 3 years from today and the last annual cash flow is expected in 8 years from today and the appropriate discount rate is 6.8 percent

Answers

Answer:

the present value is $58,026

Explanation:

The computation of the value of the building is shown below

Present value = Cash flows × Present value of discounting factor( interest rate%,time period)

= $13,800 ÷ 1.068^3 + $13,800 ÷ 1.068^4 + $13,800 ÷ 1.068^5 + $13,800 ÷ 1.068^6 + $13,800 ÷ 1.068^7 + $13,800 ÷ 1.068^8

= $58,026

Hence, the present value is $58,026

When determining whether you NEED to file a federal tax return, each of these questions matters EXCEPT...
1.What state do you live in?

2.How much income did you earn this year?
3.What type of income did you earn this year?
4.Are you claimed as a dependent on anyone else's tax return?

Answers

The answer would be 3
:)

A- The state you live in should not hold importance when filing the income tax return. The all other options are required to be filed as they are important to determine the tax slabs and deductions a person may get.

Suppose two persons earn exactly same income in a particular year and both the people belong to a different state, in such case both the person will be liable for equal taxation.

While filing an income tax return, there are various things that need to be disclosed so as to determine what tax slabs a person belongs to and what are the deduction he may avail.

The amount of income, the nature of income like income from salary/business or profession/house property/other sources and whether such person is taxable or not due to dependency on others needs disclosed.

To conclude it doesn't matter which state a person belongs for the taxability of such person while filing an income tax return.

Hence, the correct option is A that the the residency of state of such person will not matter for the purpose of filing his tax return.

To know more about tax returns, refer the link below.

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Although appealing to more refined tastes, art as a collectible has not always performed so profitably. Assume that in 2015, an auction house sold a statute at auction for a price of $10,710,500. Unfortunately for the previous owner, he had purchased it in 2010 at a price of $12,738,500. What was his annual rate of return on this sculpture

Answers

Answer:

-3.41%

Explanation:

The computation of the annual rate of return is shown below;

We use the formula:

Future value = Present value × (1 + rate of interest)^number of years  

$10,710,500 = $12,738,500 × (1 + rate of interest)^5

($10,710,500 ÷ $12,738,500)^(1 ÷ 5) = (1 + rate of interest)

(1 + rate of interest) = 0.965913622

r = (0.965913622 - 1) × 100

= -3.41%

It is important for pharmaceutical companies to think of the physiological balance of the body when they create a drug. Unfortunately, not every drug made can be easily taken into the cell or withstand stomach acids. Describe 2 possible methods that could be used to overcome these issues and make a drug available in the body. (2 points)

Answers

Answer: Proper examination and test

Explanation:

Due to the nature of how delicate the health sector is, drugs should be taken through some crucial steps before they are administered for the general public or those who would be taken them. Here are what to consider;

1) A thorough examination should be carried out on drugs produced.

2) Various tests should be carried out with the drugs, especially on animals before guaranteed to be used for humans

What kind of economy uses a free-enterprise system?

Answers

Answer:

The U.S. economy is a free enterprise system.

Explanation:

That means that individuals — and not the government — own most of our country's resources.

To be considered part of a market, an individual must

Answers

Answer:

Have both willingness to buy and the financial resources needed to buy.

Biarritz Corp. is growing quickly. Dividends are expected to grow at a rate of 30 percent for the next three years, with the growth rate falling off to a constant 7 percent thereafter. The required return is 13 percent and the company just paid a dividend of $2.60. What are the dividends each year for the next four years

Answers

Answer:

current dividends are $2.60

in one year, the dividends will be = $2.60 x 1.3 = $3.38

in two years, the dividends will be = $3.38 x 1.3 = $4.39

in three years, the dividends will be = $4.944 x 1.3 = $5.71

in four years, the dividends will be = $5.7122 x 1.07 = $6.11

during the next 3 years, dividends grow at 30%, but the during the fourth year they will only grow at 7%

discussed why present age diseases are different from the pasr​

Answers

Answer:

in the past we did not have much reshcearch to help figure out what is wrong

now we have the tech to help and we also have vacanation

Explanation:

Answer:

in the past we didn't have nuclear tech that could cause radiation and who knows what else so now we all gonna die within the next 200 years  give me big brain plz i can be smart i am right now i gave clear answer then i make meme review part also nice

Explanation:

Steve Prince and Chelsy Stevens formed a partnership, dividing income as follows: Annual salary allowance to Prince of $139,200. Interest of 7% on each partner's capital balance on January 1. Any remaining net income divided to Prince and Stevens, 1:2. Prince and Stevens had $55,520 and $97,560, respectively, in their January 1 capital balances. Net income for the year was $240,000. How much is distributed to Prince and Stevens

Answers

Answer:

Amount distributed to Prince = $33,914.53

Amount distributed to Steven = $66,885.47

Explanation:

Prince’s interest on capital = Prince’s January 1 capital balances * 7% = $55,520 * 7% = $3,886.40

Stevens’ interest on capital = Stevens’ January 1 capital balances * 7% = $97,560 * 7% = $6,829.20

Net income balance = Net income - Annual salary allowance to Prince - Prince’s interest on capital - Stevens’ interest on capital = $240,000 - $139,200 - $3,886.40 - $6,829.20 = $90,084.40

Prince’s share of net income balance = Net income balance * (1 / 3) = $90,084.40 * (1 / 3) = $30,028.13

Stevens’ share of net income balance = Net income balance * (2 / 3) = $90,084.40 * (2 / 3) = $60,056.27

Therefore, the amount distributed to Prince and Stevens can now be calculated as follows:

Amount distributed to Prince = Prince’s interest on capital + Prince’s share of net income balance = $3,886.40 + $30,028.13 = $33,914.53

Amount distributed to Steven = Stevens' interest on capital + Prince’s share of net income balance = $6,829.20 + $60,056.27 = $66,885.47

2.02 What is the benefit of a 529 education saving plan?

Answers

earnings in a 529 plan grow federal tax-free and will not be taxed when the money is taken out to pay for college.

Azule Co. manufactures in two sequential processes, cutting and binding. The two departments report the information below for a recent month. Cutting Binding Beginning work in process Transferred in from cutting dept. $ 2,200 Direct materials $ 1,145 2,646 Conversion 3,750 3,450 Costs added during March Direct materials $ 9,240 $ 7,100 Conversion 14,700 18,575 Transferred in from cutting dept. 20,530 Transferred to finished goods 49,000 Determine the ending balances in the Work in Process Inventory accounts of each department.

Answers

Answer:

Cutting $8,305

Binding $365

Explanation:

Calculation to Determine the ending balances in the Work in Process Inventory accounts of each department.

Cutting Ending work in process =$ 1,145+ 3,750+$ 9,240+$14,700-$20,530

Cutting Ending work in process =$8,305

Therefore the ending balances in the Work in Process Inventory accounts for cutting department will be $8,305

Binding Ending work in process= $2,200+$2,646+$3,450+$7,100+$18,575+$20,530-$49,000

Binding Ending work in process= $365

Therefore Therefore the ending balances in the Work in Process Inventory accounts for binding department will be $365

Insurance is a financial service that allows

Answers

Answer:

allows a consumer to transfer risk to a company.

Explanation:

A shoe company will make a new type of shoe. The fixed cost for the production will be $24,000. The variable cost will be $31 per pair of shoes. The shoes will sell for $100 for each pair. How many pairs of shoes will have to be sold for the company to break even on this new line of shoes

Answers

Answer:

Break-even point in units= 348

Explanation:

Giving the following information:

The fixed cost for the production will be $24,000. The variable cost will be $31 per pair of shoes. The shoes will sell for $100 for each pair.

To calculate the break-even point in units, we need to use the following formula:

Break-even point in units= fixed costs/ contribution margin per unit

Break-even point in units= 24,000 / (100 - 31)

Break-even point in units= 347.82 = 348

Alice wants to have a portrait painted for her family which career pathway would be the best for Alice to contact ​

Answers

I think the best career for her to contact is maybe an art museum because they could probably tell you where to go

The NPV and IRR method occasionally do not agree on accept/reject decisions when evaluating an investment proposal.
True or False?

Answers

True
I remember seeing that question before and I got the anwser correct.

The NPV and IRR method occasionally do not agree on accept/reject decisions when evaluating an investment proposal. The given statement is False.

Why positive NPV should be accepted?

A project or venture has a positive NPV if the estimated earnings, discounted for their present value, are more than the anticipated costs, also expressed in today's currency. A positive NPV indicates an investment that is likely to be successful. Net loss will arise from an investment with a negative NPV.

The total of the investment's anticipated cash inflows and outflows, discounted back to their present value at a risk-adjusted rate, is known as the net present value. Project acceptance is granted if the NPV exceeds $0. The project is turned down in any other case.

Thus, the given statement is False.

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Eugene and Velma are married. For 2020, Eugene earned $25,000 and Velma earned $30,000. They have decided to file separate returns. They have no deductions for adjusted gross income. Velma's itemized deductions are $14,200 so she is going to itemize. Eugene's itemized deductions are $4,000. Assuming Eugene and Velma do not live in a community property state, what is Eugene's taxable income

Answers

Answer:

$21,950

Explanation:

Based on the information given Assuming both of them do not live in a community property state Eugene's taxable income will be calculated as:

Income Earned (Velma) $30,000

Less Eugene's itemized deductions ($4,000)

Less Standard deduction ($4,050)

Eugene's taxable income$21,950

Therefore Eugene's taxable income will be $21,950

Name and describe three ways that companies can benefit from being ethical.

Answers

Higher revenues – demand from positive consumer support.
Improved brand and business awareness and recognition.
Better employee motivation and recruitment.
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