Answer:
b. simulated market testing
Explanation:
Based on the information provided within the question it can be said that in this scenario Cleanz is using simulated market testing. This term refers to a form of market testing in which customers are placed in a simulation of an ordinary market situation in order for the researchers to analyze and record their reaction to a specific product. That way the researchers can predict how a population will react to the launch of a new product and whether it will succeed in a market or not. Which is what Cleanz Inc. is doing with it's new range of organic sanitizing wipes.
The net present value would be zero.
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Answer:
3. Units of work-in-process inventory
Explanation:
- The equivalent units of the production is an expression of the amount of the works done by manufacturers in the units of the outputs that are partially complete and the end of the accounting period
- Are found in the full and the partially completed units and these cost units are reported by the production department of the manufactures and that needs a process costing system.
Answer:
$239,200
Explanation:
The computation of total conversion costs transferred out of the Canning Department is shown below:-
Total conversion costs transferred out = Equivalent units × Cost per equivalent unit of conversion cost
= 92,000 × $2.60
= $239,200
Therefore for computing the total conversion costs transferred out we simply applied the above formula.