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2 years ago

Describe the stage of product design

Business

2 answers:

Leno4ka [110]2 years ago

8 0

Answer:

Stage 1: hear from others and listen to feedback

Stage 2: Create new ideas based on that feedback

Stage 3: Create several prototypes and choose one. Then test the prototype

Stage 4: Manufacture the prototype you chose

Explanation:

klemol [59]2 years ago

6 0

Answer:

~Senpi boi here!~

I would describe the stage of product design as to create an idea to determine product's feasibility to test the product, and then launch the product for customers to buy.

(Hope this helps!)

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Chu Company provided the following information related to its inventory sales and purchases for December Year 1 and the first qu

rosijanka [135]

Answer:

Option (a) is correct.

Explanation:

For February,

Opening inventory would have been:

= 25% of February

= (25% × $89,000)

= $22,250

Ending inventory would have been:

= 25% of March

= (25% × $59,000)

= $14,750

Hence,

Cost of goods sold = Opening inventory + Purchases - Ending inventory

$89,000 = $22,250 + Purchases - $14,750

Purchases = $89,000 + $14,750 - $22,250

= $81,500

Therefore, the budgeted purchases of inventory in February Year 2 would be $81,500.

4 0

3 years ago

Suppose a tax of $4 per unit is imposed on a good, and the tax causes the equilibrium quantity of the good to decrease from 2,00

Marina CMI [18]

Answer:

option (c) $600

Explanation:

Given:

Tax = $4 per unit

Initial equilibrium quantity = 2,000 units

Final equilibrium quantity = 1,700 units

Decrease in consumer surplus = $3,000

Decrease in consumer surplus = $4,400

Now,

Deadweight Loss is calculated using the formula:

Deadweight loss

= $\frac{1}{2}$ × Tax × (Original equilibrium quantity - New equilibrium quantity)

on substituting the respective values, we get

Deadweight loss = $\frac{1}{2}$ × 4 × (2,000 - 1,700)

Deadweight loss = 2 × (3) = $600

Hence,

the correct answer is option (c) $600

4 0

3 years ago

Assume that Horicon Corp acquired 25% of the common stock of Sheboygan Corp. on January 1 for $300,000. During the year Sheboyga

Misha Larkins [42]

Answer:

Option C. Debit Cash and credit Stock Investments

Explanation:

The reason is that in the equity method of recording the dividends receipts, it is always deducted from the stock investment and the relevant share of reported net income of the associate is added to the stock investment.

So mathematically,

Stock Investment Under Equity Method = Opening Value for the year + Share of Net Income - Dividend received

Stock Investment Under Equity Method = $300,000 + $160,000 * 25% + $60,000 * 25% = $325,000

The above treatment shows that the recording of dividends include credit to stock investment and the cash receipt is always debited.

So the double entry would be:

Dr Cash $15,000

Cr Dividends $15,000

So the option C is correct.

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3 years ago

McKinnon Enterprises owns a professional ice hockey team, the Rockford Penguins. The company sells season tickets for its upcomi

lesantik [10]

Answer:

$320,000

Explanation:

Since the season starts in January and lasts until June, by April 30 the balance of the deferred revenue (or unearned revenue account) would be = $960,000 - {($960,000 / 6) x 4} = $960,000 - $640,000 = $320,000

The journal entries should be:

Accumulated tickets until December 31

Dr Cash 960,000

Cr Deferred (Unearned) revenue 960,000

By April 30th, the adjusting entry should be:

Dr Deferred (Unearned) revenue 640,000

Cr Ticket revenue 640,000

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3 years ago

Oceania buys $100 of wine from escudia and escudia buys $80 of wool from oceania. suppose this is the only trade that these coun

Andre45 [30]

D. none of the above is correct

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3 years ago