Answer:
The survey would have happened during the stage of idea screening
Explanation:
The idea screening process involves comparing and contrasting potential new products in order to determine which of the ideas are a perfect fit for the business giving its current resources, strengths , opportunities ,threats or limitations of the business.
At this stage of product development,the over-aching aim is to pick the products could be best invested that yield positive in a short while rather picking all available options that might drain the resources available and not yield commensurate returns.
Answer:
Advantage: Absence of Red Tape.
Advantage: Freedom to Innovate.
Advantage: Customers Drive Choices.
Disadvantage: Limited Product Ranges.
Disadvantage: Dangers of Profit Motive.
Disadvantage: Market Failures
Explanation:
hope it helped some :)
Answer:
The book value of the machine at the end of year 2 is $35,000
Explanation:
Straight line method depreciates the asset on its useful life after deducting salvage value from the cost of the asset.
Depreciation per year = ( Cost of Machine - Residual Value ) / Useful life
Depreciation per year = ( $42,000 - $7,000 ) / 10 years
Depreciation per year = $3,500 per year
Book value of machine at the end of year 2 = $42,000 - ( $3,500 x 2 )
Book value of machine at the end of year 2 = $42,000 - $7,000
Book value of machine at the end of year 2 = $35,000
Answer:
the amount charged on a job is $401.50
Explanation:
The computation of the amount charged on the job is shown below:
The Amount to be charged is
= Material Loading Charge + Labor Charge + Materials Cost
= 35% × $110 + $23 Per Hour × 11 Hours + $110
= $38.50 + $253 + $110
= $401.50
Hence, the amount charged on a job is $401.50
We simply applied the above formula so that the correct value could come
And, the same is to be considered
Answer:
The answer is (C) Revising the estimated life of equipment from 10 years to 8 years.
Explanation:
Revising estimated life of equipment from 10 years to 8 years has the effect of increasing annual charge of depreciation.
