Answer:
The correct answer is b. Technology development.
Explanation:
Technological development is defined as the systematic use of knowledge and research directed towards the production of materials, devices, systems or methods including the design, development, improvement of prototypes, processes, products, services or organizational models.
Starting from the fact that technological knowledge is essentially composed of technical information, know-how, inventions, guides, manuals, procedures, among other intangible elements, before which, intellectual property comes to play a decisive role in the protection and management of These elements of an intangible nature, and therefore, knowledge-generating institutions such as universities, increasingly resort to intellectual property to understand what kind of intangible intellectual property assets exist in their technology, how to manage them during the transfer process, and of course having the necessary control to be able to monetize them, that is, to obtain profit through their exploitation.
Answer:
Direct material quantity variance= $41,440 unfavorable
Explanation:
Giving the following information:
Standard quantity per unit= 12,000/14,000= 0.86 pounds per unit
Standard cost of $14 per pound.
Used 15,000 pounds of direct material with a cost of $30 per pound to produce 14,000 units of finished product.
To calculate the direct material quantity variance, we need to use the following formula:
Direct material quantity variance= (standard quantity - actual quantity)*standard price
Direct material quantity variance= (0.86*14,000 - 15,000)*14
Direct material quantity variance= $41,440 unfavorable
Answer:
Divisional product structure
Explanation:
Divisional product structure is also called product based structure. It comprises of separate divisions that that function individually and focus on a different product or service.
Each division has a product line they work in, a set of clients they service, and a geographical location.
The major advantage not this type of departmentalization is that each department will more efficient in their service delivery as they specialise on one thing.
This will be the best structure for ABC Production ABC Production who are expanding from a single product line into several diverse product groups, with most sales within one country.
Answer:
$1,420,000
Explanation:
Total sales of October = $1,300,000. Collected in November = (60% of 1,300,000) = $780,000
November sales = $1,600,000. 40% sales of November = $640,000
Total cash collection = $780,000 + $760,000
Total cash collection = $1,420,000
So, the cash that Pinewood will receive in November is $1,420,000.