<span>Conversion Cost
You can call this the cost of changing the goods into buyable items . These costs are the blend of direct work costs in addition to assembling overhead expenses.
You can consider conversion costs as the assembling or generation costs important to change over crude materials into items. Communicated another way, conversion costs are a maker's item or generation costs other than the expenses of crude materials.</span>
Answer:
<u>licensing</u>
<u>Explanation:</u>
Licensing is another great source of income for big companies. Usually, it involves a legally binding agreement in which <em>the bigger company (</em>Licensor) grants <em>the smaller company</em> (Licensee) the right to use the licensor’s company's name or logo for an agreed fee.
Thus, Caterpillar could be said to have<u> licensing agreements</u> in over 150 countries.
Answer:
Periodic payment = $3,881.88 (Approx).
Explanation:
Given:
Present value of annuity = $36,500
Rate = 6.5% = 0.065
Number of payment = 15
Computation:
![Present\ value\ of\ annuity = periodic\ payment[\frac{1-(1+r)^{-n}}{r} ]](https://tex.z-dn.net/?f=Present%5C%20value%5C%20of%5C%20annuity%20%3D%20periodic%5C%20payment%5B%5Cfrac%7B1-%281%2Br%29%5E%7B-n%7D%7D%7Br%7D%20%5D)
![36,500 = periodic\ payment[\frac{1-(1+0.065)^{-15}}{0.065} ]\\\\36,500 = periodic\ payment[\frac{1-(1.065)^{-15}}{0.065} ]\\\\36,500 = periodic\ payment[\frac{1-0.388826524}{0.065} ]\\\\36,500 = periodic\ payment[\frac{0.611173476}{0.065} ]\\\\36,500 = periodic\ payment[9.40266886 ]\\\\periodic\ payment = 3,881.87658](https://tex.z-dn.net/?f=36%2C500%20%3D%20periodic%5C%20payment%5B%5Cfrac%7B1-%281%2B0.065%29%5E%7B-15%7D%7D%7B0.065%7D%20%5D%5C%5C%5C%5C36%2C500%20%3D%20periodic%5C%20payment%5B%5Cfrac%7B1-%281.065%29%5E%7B-15%7D%7D%7B0.065%7D%20%5D%5C%5C%5C%5C36%2C500%20%3D%20periodic%5C%20payment%5B%5Cfrac%7B1-0.388826524%7D%7B0.065%7D%20%5D%5C%5C%5C%5C36%2C500%20%3D%20periodic%5C%20payment%5B%5Cfrac%7B0.611173476%7D%7B0.065%7D%20%5D%5C%5C%5C%5C36%2C500%20%3D%20periodic%5C%20payment%5B9.40266886%20%5D%5C%5C%5C%5Cperiodic%5C%20payment%20%3D%203%2C881.87658)
Periodic payment = $3,881.88 (Approx).
Answer:
C. Direct expenses.
Explanation:
The departmental contribution is computed by subtracting the direct expense from the revenues
In mathematically,
Departmental contribution = Department revenues - direct expense
The expenses like - rent, utilities, taxes, insurance, etc
It is come after paying the direct expenses related to the overhead.
Hence, the most appropriate option is c.
Answer:
B.
Explanation:
Types of Innovation:
-Dynamically Continuous
. Dramatic improvement over an existing state-of-the- art solution
, lwer risk as market demands are better understood
.
-Continuous Innovation
. Incremental change, step at a time, and low risk as focus is on slight changes to product or process
.
-Imitation
. Copying/adapting from another firm
. May not be necessarily the same, level of risk depends on the speed of the market demand.
-Discontinuous Innovation. Breakthrough, high risk and misreading the market
.
Needed to break with the past, buid architecture around a set of simple rules.
Continuous innovations represent the bulk of new products, and are best described as a modification to an existing product.
This type of innovation is often enough to set a brand apart from the competition. New flavors, bigger (or smaller) package sizes, or easy to open child-proof caps, as shown in the Aleve ad, are some examples.
