Commercialization<span> is the new-product development phase where Hope Springs decides that the flavor additive has enough market interest and the company will launch full-scale production and sales.
Commercialization refers to the process of adding and introducing a new product and making it available for purchase from consumers. When you commercialize an item you go through phases from beginning to end of the process.</span>
Answer:
yes it is right because all the statements you need it is written on the paper and also they show it step by step
Answer:
1. $8.25
2. $313,500
Explanation:
Given that,
Variable overhead cost per direct labor-hour = $2.00
Total fixed overhead cost per year = $250,000
Budgeted standard direct labor-hours (denominator level of activity) = 40,000
Actual direct labor-hours = 39,000
Standard direct labor-hours allowed for the actual output = 38,000
1. Total overhead cost at denominator level of activity:
= Total fixed overhead + Total variable overhead
= $250,000 + (40,000 × $2.00
)
= $250,000 + $80,000
= $330,000
Predetermined overhead rate:
= Total overhead cost at denominator level of activity ÷ Budgeted standard direct labor-hours
= $330,000 ÷ 40,000
= $8.25
2. Overhead applied:
= Standard direct labor-hours allowed for the actual output × Predetermined overhead rate
= 38,000 × $8.25
= $313,500
Answer:
The statement is: True.
Explanation:
The periodic review system is a method to keep track of the inventory of a company by reviewing the ledger after specific intervals. On the other hand, the continuous review system requires to take a look at the inventory stock every time part of it leaves or gets into the firm. The periodic review system is more practical because it does not imply having the information of the stock at all times.
