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4 years ago

The fourth phase of the project life cycle involves ____ the project.

1 answer:

7 0

In project management there are four phases of the project life cycle.
1) Initiation
2) Planning
3) Performing
4) Closing

The closing of the project involves finalizing all data collected, documenting and evaluating the project. This step is major in the phase because it is a reflection of the entire project and is usually turned into a superior.

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Lane Company manufactures a single product that requires a great deal of hand labor. Overhead cost is applied on the basis of st

katrin2010 [14]

Answer:

$8 per direct labor hours and $2 per direct labor hours

Explanation:

The computation of the predetermined overhead rate is shown below:

Predetermined overhead rate = Budgeted fixed manufacturing overhead ÷ planned activity level

= $480,000 ÷ 60,000 direct labor hours

= $8 per direct labor hours

And, the budgeted variable manufacturing overhead is $2 per direct labor hours

We simply divide the budgeted fixed manufacturing overhead by the planned activity level

6 0

3 years ago

Heinz changed the packaging of its ketchup, switching from a glass bottle to a plastic bottle. Since the bottle was squeezable,

azamat

This packaging change is a marketing tactic that may increase sales during the product life cycle's maturity stage.

<h3>What are the Product Stages?</h3>

The product life cycle is the progression of a product through Five distinct stages—development, introduction, growth, maturity, and decline.

<h3>What are the Maturity Stages?</h3>

The maturity stage occurs after the introduction and growth stages. The maturity stage is the longest stage of the product life cycle. In this stage, sales growth begins to decline; the company reaches the highest point in the demand cycle; and advertising strategies have minimal impact on sales growth.

<h3>What are the characteristics of a product in maturity stage?</h3>

The mature stage's main characteristic is that sales volumes are still growing but at a slower rate. The closer to the end of the mature, the slower will be the growth in sales volume. Competition for market share and customers is also more intense.

Learn more about Maturity Stages on:

brainly.com/question/12074531

#SPJ4

3 0

2 years ago

Do you think the minimum wage should be increased, remain at its 2009 level, or be eliminated? Give two reasons in favor of, and

Simora [160]

There are a lot of factors to consider in increasing minimum wage.

In the pro side, minimum wage workers will be happy if their wage is increased because their take home pay will be higher.

However, if this increase will be implemented, a lot of business owners, especially small businesses, will be forced to relieve some workers of their position as well as be discouraged to hire more workers. This is because the salary for new hires will be used for the increase. Increasing minimum wage will also result to the increase of the wages of the existing workers, to ensure that they are equally treated.

4 0

3 years ago

Newton Company is considering the purchase of an asset that will provide a depreciation tax shield of $19,200 per year for 10 ye

kumpel [21]

Answer:

$480,000

Explanation:

The computation of the depreciable cost of the new asset is shown below:

Given that

Depreciation tax shield = $19,200

Tax rate= 40%

Now

Actual Depreciation for the year is

= $19,200 ÷ 40%

= $48,000

Now

Total Depreciation cost for 10 years is

= $48,000 × 10

= $480,000

6 0

3 years ago

Because it denotes a high price relative to the prices of competing products, ______ is sometimes called a "market-plus" approac

Rzqust [24]

Answer:

Because it denotes a high price relative to the prices of competing products, the price skimming is sometimes called a "market-plus" approach to pricing.

Explanation:

because it denotes a high price relative to the prices of competing products. this strategy works best when demand is greater than supply.

3 0

3 years ago