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The answer that best fits the blanks above are IDEA GENERATION, and COMMERCIALIZATION, respectively. In carrying out a powerful new product planning and design, there is a process that should be followed and the process includes eight steps which include idea generation, <span>idea screening, concept development and testing, marketing strategy development, business analysis, product development, test marketing, and lastly, commercialization.</span>
Answer:
Preparation of the journal entry that Jervis should make on June 28 to record the deposit
Dr Cash ($5,800 - $261) $ $5,539
Dr Credit card expense ($5,800 X 4.5%) $ 261
Cr Sales $5,800
(5,539+261)
Explanation:
Since Jervis assesses a 4.5% charge on sales for using its card in which On June 28, he had $5,800 in NB Card credit sales this means we have to Debit Cash with $5,539 ($5,800 - $261) and as well Debit Credit card expense with $261 ($5,800 X 4.5%) while we Credit Sales with $5,800 (5,539+261)
Answer:
Portugal has comparative advantage in producing olives.
Switzerland has comparative advantage in producing fish.
Portugal can gain from trade if it receives more than 3 pounds of fish per crate of olives.
Switzerland can gain from trade if it receives more than 1/11 of olives for each pound of fish.
d. 18 pounds of fish per crate of olives.
Explanation:
Switzerland and Portugal both countries can produce Olives and fish. One country has advantage in producing fish while other has advantage in producing olives. Both countries can gain from trade if they find a intermediary way so that both countries can be in win win situation. It is beneficial for Portugal if it trades with Switzerland if it receives more than 3 pounds of fish.
Answer:
$27.18 per unit
Explanation:
The computation of the average cost per unit is shown below:
= (Beginning inventory units × price per unit + purchase inventory units × price per unit + purchase inventory units × price per unit ) ÷ (Beginning inventory units + purchase inventory units + purchase inventory units)
= (350 units × $24 + 370 units × $29 + 280 units × $31) ÷ (350 units + 370 units + 280 units)
= ($8,400 + $10,730 + $8,680) ÷ (1,000 units)
= ($ 27,810) ÷ (1,000 units)
= $27.18 per unit
