In the context of the new-product development process, the decision to market a product is made during commercialization. The commercialization is the procedure by which a new manufactured goods or service is offered into the general market. The procedure of commercialization is broken into phases from the initial introduction of the product through its mass production and adoption. It proceeds into account the production, distribution, marketing, sales and customer support necessary to accomplish commercial achievement.
Answer:
$0.30 per bar
Explanation:
The computation of the standard direct materials cost per bar of chocolate is shown below:
But before that first we have to find out the total standard cost which is shown below:
= (660 × $0.30) + (180 × $0.60) + (150 × $1.30)
= $198 + $108 + $195
= $501
So, standard direct materials cost per bar of chocolate is
= $501 ÷ $1,670 bars
= $0.30 per bar
Answer:
Attached is the drafted table.
Hope it helps.
Answer:
skilled labor
Explanation:
a skilled labor is a person who has a special skill, training, knowledge,and ability in their work
Answer:
COGS 3807 debit
FG 7896 debit
WIP 2397 debit
Factory Overhead 14,100 credit
--to record the underapplication of overhead--
Explanation:
overhead rate:
$515,000 overhead / 515,000 labor cost = $1
each labor cost generates a dollar of overhead.
221,400 x 1 = 221,400 overhead in COGS
459,200 x 1 = 459,200 overhead in Finished Goods
139,400 x 1 = 139,400 overhead in WIP inventory
Total applied 820,000
Actual 805,900
Underapplied 14,100
Now we weight each concept and determiante the portion underapplocated in each concept
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