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3 years ago

The product life cycle refers to __________.

1 answer:

6 0

The product life cycle refers to a concept that describe the stages a product goes through in the marketplace-introduction, growth, maturity and decline.

The product life cycle, is just that, a life cycle. Every product goes through this at one point and time, some just stick around awhile longer. Products that can pass introduction and grow at a steady rate are set up for future success.

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Kramer Corporation is a diversified manufacturer of consumer goods. The company's activity-based costing system has the followin

mr_godi [17]

Activity Cost Pool Estimated Overhead Cost is $1,125,400

(a) Estimated Activity

(b) Activity Rate (a ÷ b)

Labor Related $48,000 30,000 DLHs $1.60 per DLH

Machine Related $67,500 10,000 MHs $6.75 per MH

Machine Setups $90,000 600 Setups $150 per Setup

Production Orders $112,000 3,500 Orders $32 per Order

Product Testing $59,400 1,800 Tests $33 per Test

Packaging $76,500 4,500 Packages $17 per Package

General Factory $672,000 30,000 DLHs $22.40 per DLH

Total $1,125,400

Activity Rate = Estimated Overhead Cost / Estimated Activity

Activity Rate of Labor Related = $48,000 / $30,000

= $1.60 per DLH

Activity Rate of Machine Related = $67,500 / 10,000

= $6.75 per MH

Activity Rate of Machine Setups = $90,000 / 600

= $150 per Setup

Activity Rate of Production Orders = $112,000 / 3,500

= $32 per Order

Activity Rate of Product Testing = $59,400 / 1,800

= $33 per Test

Activity Rate of Packaging = $76,500 / 4,500

= $17 per Package

Activity Rate of General Factory = $672,000 / 30,000

= $22.40 per DLH

Learn more about Activity Rate brainly.com/question/5143419

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4 0

2 years ago

Wal-Mart distribution centers bring together a large variety of different kinds of products from a wide range of manufacturers.

Korvikt [17]

Answer:

B. Assorting

Explanation:

Assorting is defined as the term in which the sorting is done on the basis of the kind or classification of the product or the service etc.

This term can also be used for arranging or distributing the product or the service based on the category of the product or the service.

Now, here in the given question the wal-mart sorts the products required by the stores from the large variety available and then distributing it.

4 0

3 years ago

Which economic system does not contain provisions for taking care of people in the event they are not able to take care of thems

seraphim [82]

Market Economy system does not contain provisions for taking care of people in the event they are not able to take care of themselves.

A marketplace economic system is an financial machine wherein two forces, known as supply and call for direct the production of products and offerings. marketplace economies aren't managed with the aid of a central authority like a government and are instead primarily based on voluntary change.

In a Centrally planned economic system, also called a command economy, the crucial government controls the factors of manufacturing and solutions the three simple economic questions for all of society. two systems frequently stated while centrally deliberate economies are mentioned are socialism and communism.

Learn more about market economy here

brainly.com/question/4058185

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7 0

2 years ago

What is the job specialty that installs and maintains irrigation systems? terrazzo worker,landscape,architect,pipefitter,ironwor

nataly862011 [7]

Most likely a pipefitter :D

5 0

3 years ago

Huron Company produces a commercial cleaning compound known as Zoom. The direct materials and direct labor standards for one uni

shutvik [7]

Answer:

AQ = Actual quantity = 20,000 pounds

AP = Actual price = $2.35 per pound.

SQ = Standard quantity = 4,000 units*4.6 pounds per unit = 18,400 pounds

SP = Standard price = $2.50 per unit

AH = Actual hours = 750 hours.

AR = Actual rate = Total actual cost/Actual hours = $14,925/750 hours = $19.90.

SH= Standard hours = 0.2 hours per unit*4,000 units = 800 hours.

SR = Standard rate = $18 per hour

Materials price variance = (AQ *AP) - (AQ *SP) =

Materials price variance = (20,000*$2.35) - (20,000 *$2.50)

Materials price variance = $47,000 - $50,000

Materials price variance = $3,000 (F)

Material quantity variance = (AQ*SP) - (SQ*SP)

Material quantity variance = (20,000*$2.50) - (18,400*$2.50)

Material quantity variance = $50,000 - $46,000

Material quantity variance = $4,000 (U)

5 0

3 years ago