Answer:
Gross profit= $4.75
Explanation:
Giving the following information:
Product Z2:
$2.00 of direct materials
$3.40 of direct labor.
sold for $11.00.
Designated overhead at the rate of 25% of direct labor costs.
Gross profit= sales - direct material - direct labor - manufacturing overhead
Gross profit= 11 - 2 - 3.4 - (3.4*0.25)= $4.75
There will be no time to plan, demo, and improve together if there is no invention and planned iteration.
The Innovation and Planning (IP) Iteration happens at the end of each Program Increment (PI) and fulfils several functions. It serves as a buffer for fulfilling PI Objectives and allocates time for innovation, continuous education, PI Planning, and Inspect and Adapt (I&A) activities. Every iteration is important, and the teams are largely focused on producing short-term benefit. The Solution gets closer to market with each iteration. The focus on solution delivery is high and unwavering.
Iteration Planning is a meeting when all team members decide how much of the Team Backlog they will deliver during the upcoming Iteration. The effort is summarized by team as a set of committed Iteration Goals.
As a result, if there is no innovation and planned iteration, there will be no time to plan, showcase, and improve together.
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The option that falls outside of the classification of business expenditures that fall into the category of variable costs is option C. costs of research and development. Read below about costs of research and development.
<h3>What is a costs of research and development?</h3>
These are costs taken to develop new products or processes that may or may not result in commercially viable items. The general rule is that research and development costs are to be expensed immediately when the costs are incurred.
Therefore, the correct answer is as given above.
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Currency I think. It's given in exchange for an item.
