Answer: Option (a) is correct.
Explanation:
Product costs are the costs that are associated with the production of a product. This is a cost that is incurred in making a product. Product cost includes direct labor cost, direct material cost, consumable supplies and manufacturing overhead. Product costs are also related to the cost of a worker or labor needed to rendered a service to a consumer.
Answer:
The answer is given below
Explanation:
<em>From the question given, we resolve the issue as follows:</em>
<em>Hotwax purchased $62,000 in raw materials</em>
<em>The mixing department requisitioned $50,000 of those materials for use in production.</em>
<em>We prepare a journal entries to record its purchase of raw materials and requisition of direct materials.</em>
<em>Raw materials Inventory = $62,000 </em>
<em> Cash = $62,000</em>
<em>Wip 50,000</em>
<em>Raw materials Inventory = $50,000</em>
Answer:
I would be most UNLIKELY to recommend a broad low-cost strategy to a small-sized company entering a highly segmented market.
Explanation:
I would NOT recommend a broad low-cost strategy because the <u>company size suggests it lacks the necessary resources to satisfy the various customer needs in a broad and highly segmented market.</u>
Instead, I would be most likely to recommend a Focused low-cost strategy with which the company can focus its limited resources on a specific narrow segment or niche in the market, and meet the needs of customers within that segment.
Answer:
B. Line extension
Explanation:
Product Line Extension
This involves the use of an already established brand name, in this case, cool whip for a new item (orange flavored cool whip) in the same product category. It's the production of a new product that is a little different to a company's existing products. The differences the new product usually has from the existing products may be in the line of new flavour, colors, product size, added ingredients and so on.
A popular example of this is Coke and Pepsi releasing Diet Coke and Pepsi respectively. Adding a new product to their existing range of products.
Thank you for posting your question here at brainly. I hope the answer will help you. Feel free to ask more questions.
The large corporations be more likely to support development of sustaining technology rather than emerging technology is because the <span> technology is already aligned with main revenue streams.
</span>
The answer is C.
