Smashburger Restaurant Concept is under the stage of GROWTH in product life cycle. They already have 370 corporate and franchise outlet all over the world which operates in 9 different countries. It is the stage wherein they are still expanding and the income is still growing.
Answer:
Purchasing Agent:
-Attend Conferences and trade shows to find new products
-Negotiate contracts with suppliers
Office Clerk:
-File paperwork according to a filing system in the office
-Type data into software to be used by the company
Freight Forwarder:
-Calculate the weight and volume of cargo
-Track shipments to make sure that they arrive on time
Explanation: I took the test.
B) $70,880..........................
Answer:
It is false that Joint Application Development (JAD) group produces the best definition of a new system.
Explanation:
JAD group does not produce the best definition of a new system, here is why:
• JAD system incorporates participants with different opinions. Different opinions within the team make it difficult to align goals and maintain focus
• Depending on the size of the project, JAD may require a longer time that will put a strain on the execution of a project
• JAD is too expensive and can be cumbersome/difficult if group is too large
• JAD produces a details and information that is a tentative model not a complete development methodology.
Answer:
b. Cost of Goods Sold, Work-in-Process Inventory, and Finished-Goods Inventory.
Explanation:
Whenever manufacturing overheads are prorated and under-applied or over-applied, then they are charged to inventory or cost which includes overheads as part of it.
As for instance, raw material inventory do not include any overheads, it is just the purchase price of inventory, as no work is performed on it.
Cost of goods sold, includes all the cost incurred to sale the good, from acquiring raw material to converting finished goods, and then adding the sales expense the goods are sold.
Finished goods include every material and overhead to convert the item into finished state and usable state.
Work in process is half way completed, or the percentage prescribed and includes raw material, includes overheads, but the product is somewhere more than raw inventory and less than finished good.
Therefore, correct option is:
b.
