Answer:
The right solution will be "80; 50".
Explanation:
The mechanism of designing a new product as well as the manufacturing process through commercial activity-making it commercially viable-is commercialization.
- This concept seems to be more complicated than developing inventions, as demonstrated repeatedly whereby 80% of R&D happens in large corporations, and fewer than 50% of innovations are created by many of the same businesses.
- The concept also signifies incorporation into another retail sector in general, but it almost always involves a change from either the research facility to trade.
Answer:
The cost per equivalent unit for conversion cost is closest to: $1.39.
Explanation:
<u>First Calculate the Equivalent units of production with respect to Conversion Costs :</u>
To Finish Opening Work In Process (20,000 × 80%) = 16,000
Started and Completed (150,000 - 20,000) × 100% = 130,000
Closing Work In Process (40,000 × 25%) = 10,000
Equivalent units of production with respect to Conversion Costs = 156,000
<u>Then, Calculate the cost per equivalent unit for conversion cost :</u>
Note : <em>We are only interested in the costs incurred in the current year because the costs of Opening Work In Process will automatically go towards the completed units (FIFO).</em>
Cost per equivalent unit = Total Current Costs ÷ Total Equivalent units
= $ 217,000 ÷ 156,000
= $1.39
Cost Volume Profit (CVP) analysis, also known as break-even analysis, is a financial planning tool that executives use to set the short-term strategy for their business. It informs corporate decision makers of the (short-term) impact on profit of changes in selling prices, costs, and quantities.
CVP analysis aims to determine the outputs that drive company value, highlight the impact of fixed costs, break-even points, target profits, and determine sales figures and sales forecasts. CVP analysis makes pricing decisions and pricing structures easier.
CVP analysis estimates how changes in a company's fixed and variable costs, sales volume, and price affect the company's profits. This is a very powerful tool in finance and accounting. It is one of the most commonly used tools in management accounting to help managers make better decisions.
Learn more about CVP at
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Answer:
Nike as a brand is making the use of Marketing mix to communicate a objective of high quality sport brand.
Explanation:
- The aim of the marketing mix s the right combination of product, place, promotion, and price, etc. It is done so that the company can have an advantage over the competitors. It's a set of controllable and tactile marketing tools.
Answer:
Explanation:
Rate = 7% / 12 = 0.5833%
(monthly)
Savings goal, FV = $750,000
Number of periods = 30 * 12 = 360
Future value = Monthly payments * [(1 + r)^n - 1] / r
750,000 = Monthly payments * [(1 + 0.005833)^360 - 1] / 0.005833
750,000 = Monthly payments * 1,219.874713
Monthly payments = $614.82