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Rudiy27
3 years ago
14

Your boss has asked you and your marketing team to read through hundreds of new product ideas and separate those that are feasib

le from those that are not. Which step of the new product development process are you most likely engaged in?
Business
1 answer:
VMariaS [17]3 years ago
8 0

Answer:

idea screening

Explanation:

The idea screening stage of new product development process involves the filtering the ideas to pick out the best ones. At the screening stage good ideas should be spotted and bad ideas should be disposed.

This is a very critical stage since deciding which ideas are worth developing and which aren't is a very difficult and important task. You don't want to invest in a bad idea, so you should be careful, but you don't want to toss away any potentially good idea.

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arciano Manufacturing uses a standard cost system. Standards for direct materials are as​ follows: Direct materials​ (pounds per
denpristay [2]

Answer:

C. Raw material inventory Dr,  $ 72,000

       To Direct material cost variance $27,600

        To Accounts payable $44,400

Explanation:

The Journal entry is shown below:-

The variation in material costs would be favorable in a given situation. Since standard costs higher than real costs. And the journal submission would be for a desirable variance:

Raw material inventory Dr,               $72,000

(12,000 × $6)

       To Direct material cost variance           $27,600

        To Accounts payable                             $44,400

(Being Raw material inventory is recorded)

7 0
3 years ago
Analyzing and Computing Accrued Warranty Liability and Expense Waymire Company sells a motor that carries a 60-day unconditional
Elenna [48]

Answer:

the warranty expense reported is $138,000

Explanation:

a. The computation of the warranty expense that should be reported in its current period income statement is shown below:

= Given percentage × units sold × repair average cost

= 2% × 69,000 units × $100 per units

= $138,000

Hence, the warranty expense reported is $138,000

8 0
3 years ago
Royal Gorge Company uses the gross profit method to estimate ending inventory and cost of goods sold when preparing monthly fina
Nastasia [14]

Answer:

Please refer the attachment to have the solution with explanation

Download xlsx
7 0
3 years ago
Responsibility for the financial statements and other information found in the annual report lies with
RSB [31]

Answer:

Management

Explanation:

The Management of the company are appointed as stewards by the owners of the company (shareholders). They have a role in reporting the entity`s operations and ensuring that they provide a good return for the shareholders investments.

5 0
3 years ago
Hot Dog Express (HDE) is currently buying their buns from Buns-For-All for $. 50 a dozen. Each month they purchase 14,000 dozen.
Elena-2011 [213]

Answer:

B) make ; savings of $2,240

Explanation:

Hot Dog Express's current costs:

14,000 dozens x $0.50 per dozen = $7,000

Incremental analysis of the alternative course of action:

total production 14,000 dozens of buns

direct materials $0.20 per dozen

direct labor $0.10

variable overhead $0.04

fixed costs $3,000 not to be accounted for since they already exist and will continue whether this alternative is taken or not.

total costs for alternative course = 14,000 dozens x ($0.20 + $0.10 + $0.04) = 14,000 dozens x $0.34 per dozen = $4,760

If HDE decides to take the alternative course (manufacture their own buns) they will save $2,240 (= $7,000 - $4,760)

8 0
4 years ago
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