1.7 Read the scenario below and answer the questions that follow
FANA MANUFACTURER (FM)
Fana Manufacturer produces ladies sandals and sells them to different retailers. The total
cost to produce 45 000 sandals is R180 0000. The management of VC wants to apply
Total Quality Management/TQM in order to improve the quality of their products.
(2)
1.7.1
Calculate the production cost per sandal.
1.7.2
(3)
Calculate how much profit Fana will receive if he all 45 000 sandals are sold. Show
all the calculations.
Use the table below as a guide to answer QUESTION 1.7
PRODUCTION COST PER SANDAL
PROFIT
1.7.3
(5)
Explain to the management of FM the meaning of TQM as part of quality
management system.
[40]
8

Which analyst position analyzes information using mathematical models to business managers make decisions? -budget analyst -management analyst -credit analyst -operations research analyst

On december 31, 2013, coronado company issues 173,000 stock-appreciation rights to its officers entitling them to receive cash for the difference between the market price of its stock and a pre-established price of $10. the fair value of the sars is estimated to be $5 per sar on december 31, 2014; $2 on december 31, 2015; $10 on december 31, 2016; and $8 on december 31, 2017. the service period is 4 years, and the exercise period is 7 years. prepare a schedule that shows the amount of compensation expense allocable to each year affected by the stock-appreciation rights plan.

Now ray has had the tires for two months and he notices that the tread has started to pull away from the tire. he has already contacted the place who sold the tires and calmly and accurately explained the problem. they didn’t him because they no longer carry that tire. so he talked with the manager and he still did not get the tire replaced. his consumer rights are being violated. pretend you are ray and write a letter to the company’s headquarters. here are some points to keep in mind when writing the letter: include your name, address, and account number, if appropriate. describe your purchase (name of product, serial numbers, date and location of purchase). state the problem and give the history of how you tried to resolve the problem. ask for a specific action. include how you can be reached.