Answer:
screening and evaluation
Explanation:
Screening and evaluation is the third step in a new product development process, and it should work like a funnel. All the ideas generated during the previous stage must be analyzed and only workable ideas should continue the process.
At this stage it is critical to reject poor new product ideas, and continue with viable new product ideas.
Answer:
The reasons for using the variable-cost approach include all of the following except
this approach provides the most defensible bases for justifying prices to all interested parties.
Explanation:
This is not part of the reasons for using the variable-cost approach. But options b, c, and d are certainly the reasons why the variable-cost approach is used. The variable-cost approach provides a differential analysis for decision-making. It assigns overhead costs to the period in which they are incurred, while other variable costs are assigned to the merchandise produced within that period. Thus, by excluding fixed manufacturing overhead cost, only the direct costs associated with production are used in accounting for the product's costs.
Answer:
$88,000
Explanation:
The computation of the ending balance of the retained earning balance is shown below:
As we know that
The ending balance of retained earning = Beginning balance of retained earnings + net income - dividend paid
where,
net income is
= Revenues - expenses
= $50,500 - $33,000
= $17,500
And, the other items values would remain the same
So, the ending balance is
= $92,500 + $17,500 - $22,000
= $88,000
Answer:
Change in government expenditure needed = 300
Explanation:
Multiplier 'k' = Change in Income / Change in Govt. expenditure = dY / d GE = 1 / ( 1-MPC )
Desired change in Y, ie GDP = 900 billion , MPC = 2 / 3.
k = 1 / ( 1 - 2/3 ) = 1 / ( 1/3 ) = 3
3 = 900 / d GE
d GE = 900 / 3 = 300
Change in government expenditure = 300
