Answer:
The correct answer is A.process.
Explanation:
Due to the extension of the term “innovation” it is important to keep in mind that two different meanings can be distinguished:
- Innovation, as a process by which an idea is transformed into a novel product or service in the market, or by which a new manufacturing process or new organization or marketing methods is incorporated in the company (innovation capacity of the company).
- Innovation, such as the activity for which results derived from research and development (knowledge, prototypes) are launched into the market in the form of new products, services or are transformed into new processes in the company (R + D + i )
Answer:
The amount of overhead that Lowden should be recorded in the current period = 165% * $74,000 = $122,100
Explanation:
The correct answer is A.
GDP consists of all FINAL goods and services, and the only way it can be measured is through market prices.
The answer is C. Hoped this helped you
Answer:
Direct material used= $420
Explanation:
Giving the following information:
Sales revenue= $4,000
Purchases of direct materials= $400
Direct labor= $450
Manufacturing overhead= $620
Operating expenses= $650
Beginning raw materials inventory= $200
Ending raw materials inventory= $180
Beginning work in process inventory= $320
Ending work in process inventory= $410
Beginning finished goods inventory= $250
Ending finished goods inventory= $200
Direct material used= ?
Direct material used= beginning inventory raw material + purchase - ending inventory raw material
Direct material used= 200 + 400 - 180= $420