Responsibility for designing a product that can be made for no more than the target cost is given to the product development team.
Product development teams are responsible for the making, launching, and success of a new product. A product's pathway to success is usually initiated with a well-structured product development team. These teams usually involve members from other departments including marketing, cost control, sales, and engineering. The product development teams figure out the customer demands and then plan accordingly to respond to the competition. This team also has the responsibility to conduct market research, keep track of the competitors, and revise the plan of action for customer satisfaction. The product manager of the team is responsible to allocate the resources and control the cost of manufacture and development of the product within the target cost as directed to it.
To learn more about the product development team, click here:
https://brainly.com/question/16975755
#SPJ4
If manufacturing overhead has been underallocated during the period, and most of the jobs produced have been sold, then:_________
If manufacturing overhead has been underallocated during the period, and most of the jobs created have been sold, then "the cost of goods sold reported on the income statement will be lower than the actual cost".
This is because the underallocated overhead will not have been fully absorbed into the cost of the products, leading to an understated cost of goods sold and an overstated gross profit. As a result, the company's financial performance will appear better than it actually is. This could have negative consequences for the company, such as reducing its ability to secure financing or make investment decisions based on inaccurate financial information.
To correct the situation, the company would need to allocate the underallocated overhead to the appropriate products, which would result in a restatement of the cost of goods sold and a corresponding adjustment to the gross profit.
You can learn more about income statement at
https://brainly.com/question/15169974
#SPJ4
morgan is moving to a new city. she should consider each of these factors when selecting a new financial institution except
Answer:
all except PMI
Explanation:
________ is a form of distribution aimed at having a product available in every outlet where target customers might want to buy it.
Intensive distribution is a method of product distribution that aims to make a product available in every store where potential buyers might look to buy it.
By utilizing all possible outlets, intensive distribution strives to provide saturation coverage of the market. Total sales are frequently linked to the number of outlets used (e.g., cigarettes, beer). A corporation may use an intensive distribution marketing plan to try to sell its goods from a small vendor to a large retailer. Selling more products is intensive distribution's main objective. By utilizing all accessible outlets, intensive distribution aims to provide saturation coverage of the market .The focus on consumer convenience is typically what motivates this strategy. For example, items like a bag of chips or a Coke must be easily available for people to purchase them.
To learn more about intensive distribution visit https://brainly.com/question/3520708
#SPJ4
Place the steps for proper lifting technique in the correct order. --Select-- --Select-- --Select- --Select-- --Select- --Select-
Answer:hold up
Explanation:
scarlett is graduating from culinary school soon and she often imagines opening her own comfort food restaurant. her other passion is skiing in colorado, where she travels to four or five times every year. as her small business advisor, you believe it necessary to provide her with information that will help her make good business decisions. what information would be helpful for scarlett to know?
Scarlett is graduating from culinary school soon and she often imagines opening her own comfort food restaurant, Restaurants are relatively easy businesses to start, but are labor intensive and also have the greatest failure rate.
Which characteristics best characterize the personality attributes of an entrepreneur?Persuasiveness is one of the 6 Personality Traits Identified by Successful Entrepreneurs. Salesmanship is at the top of the list of qualities that successful entrepreneurs must possess, according to none other than Mark Cuban, owner of the Dallas Mavericks and Shark Tank investor.
Flexibility.
Creativity.
Self-motivation.
Tenacity.
Passion.
Why is the US economy so dependent on small businesses?Two-thirds of new jobs are created by small firms, which also contribute 43.5% of the country's GDP (GDP). Small businesses not only drive innovation but also maintain a healthy economy. Per employee, small businesses issue 16 times more new patents than do major patenting companies.
To Know more about Salesmanship
https://brainly.com/question/8144264
#SPJ4
what do you prefer local fundraising or global fundraising and why? (just one reason)
Answer:
Doing local fundraising for a large organization can sometimes seem complicated and unwieldy. Whether you are running a local affiliate of a large national organization, or are responsible for raising funds in a single neighborhood for a small, city-wide charitable group, raising local money for larger groups presents a unique challenge. I prefer local fundraising
global fundraising
Explanation:
because you can help people without water and electricy
Use Present Value Appendix PV of $1, to determine the maximum amount of cash the dean should be willing to pay for a copy machine. (Round your intermediate calculations and final answer to 2 decimal places.)
Use Present Value Appendix PVA of $1, to determine the maximum amount of cash the dean should be willing to pay for a copy machine. (Round your final answer to 2 decimal places.)
To determine the maximum amount of cash the dean should be willing to pay for a copy machine, we can use the concept of present value (PV).
First, we need to determine the present value of the cash flows associated with the copy machine. We can use the Present Value Appendix PV of $1 to discount these cash flows.
Next, we need to calculate the present value of the cash inflows generated by the copy machine. This can be done by multiplying the cash inflows by the Present Value Appendix PVA of $1.
Once we have the present value of the cash inflows and outflows, we can subtract the present value of the outflows from the present value of the inflows to determine the maximum amount the dean should be willing to pay.
Remember to round your intermediate calculations and final answer to 2 decimal places.
Learn more about present value (PV)
https://brainly.com/question/32932091
#SPJ11
convertible debentures for kulik corporation were issued at their $1,000 par value in 2012. at any time prior to maturity on february 1, 2032, a debenture holder can exchange a bond for 25 shares of common stock. what is the conversion price, pc? a. $40.00 b. $42.00 c. $44.10 d. $48.62
The conversion price, PC, for the convertible debentures issued by Kulik Corporation is $40.00.
To calculate the conversion price, we divide the par value of the debenture ($1,000) by the number of shares received upon conversion (25). In this case, each bond can be exchanged for 25 shares of common stock. Dividing $1,000 by 25 gives us the conversion price of $40.00 per share.
This means that if a debenture holder chooses to convert their bond into common stock, they will receive 25 shares for every $40.00 of the bond's par value. The conversion price determines the price at which the debenture holder can convert their bond into equity, providing them with the opportunity to participate in the company's stock ownership. Therefore, the correct answer is option a. $40.00.
To learn more about conversion price, click here: brainly.com/question/14298754
#SPJ11
You observe the price of a good rises and the quantity sold increases. This is the result of.
You observe the price of a good rises and the quantity sold increases. This is the result of an increase in demand.
A rise in demand will result in an increase in supply while leaving all other factors unchanged and raising the equilibrium price. As demand declines, the equilibrium price will drop and less will be provided.
A supply curve results from the assumption that there are quantities and prices between those on the timetable. According to the law of supply, there is a direct correlation between price and the amount delivered. In other words, when the price rises, the amount supplied rises as well.
To know more about Increase in demand here
https://brainly.com/question/23553533
#SPJ4
How will taxation influence the circular flow model
Answer:
TMS
Explanation:
Taxes (T) imposed by the government reduced the flow of income.
Money paid to foreign companies for imports (M) also constitutes a leakage.
Savings (S) by businesses that would have been put to use are a decrease in the circular flow of an economy's income.
question 1 in which stage of the data life cycle does a business decide what kind of data it needs, how the data will be managed, and who will be responsible for it?
A business decides what type of data it need, how it will be managed throughout its life cycle, who will be in charge of it, and the best outcomes during planning.
What is the company life cycle?In business, a product's life cycle tracks its development, maturation, and decline. Product development, market introduction, growth, maturation, and decline/stability are the five stages of a life cycle.An analysis project using data from a private company has been completed by a data analyst. In order to protect the data, they delete the digital files. In order to protect sensitive information, data analysts employ secure data-erasure software and shred paper files during the destroy phase.During planning, a business determines what type of data is required, how it will be managed throughout its life cycle, who will be in charge of it, and the best outcomes.To learn more about company life cycle refer to:
https://brainly.com/question/7510515
#SPJ13
Please Help :
Suppose you work at John's Hardware Store. It is Saturday morning, and the store is very busy. John is in the back cutting window glass. Mr. Cho needs some glass cut. Mrs. Hardy wants help choosing paint for her living room. There are 3 people waiting in line to pay for their tools and supplies.
1) What can you say to the people waiting in line?
2) How can you help Mr. Cho?
3) What can you suggest to Mrs. Hardy?
4) One of the customers in line says that they cannot wait any longer. What does the store clerk do?
5) Mrs. hardy is a very good customer. She left her wallet at home and cannot pay for her paint. How should you treat her? What would you say to her?
Based on the information in the fragment, he would tell the people waiting in line to take a turn to serve them in an organized manner; I can help Mr. Cho by offering transportation for his glass; I can suggest to Mrs. Hardy her favorite color; I can give priority to the client who has no more time, I can store the products that Mrs. Hardy needs while she goes to her house for her wallet.
What situation is described in the excerpt?The excerpt describes a chaotic situation in which an employee has a lot of customers waiting to be served and must offer good service to everyone. What should she do in that situation?
What solution can you give to customers waiting in line?The fairest thing to do to serve customers waiting in line would be to serve them in order of arrival. In the same way, they can be suggested to take turns according to their order of arrival to serve them in an organized manner.
What help can be given to Mr. Cho?The help that can be given to Mr. Cho is to offer him some complementary services or complementary products for the work that he is going to carry out with the glass that John is cutting for him.
What can I suggest to Mrs. Hardy?What we can suggest to Mrs. Hardy is different colors to paint her living room to match the colors of her furniture and decorations. Additionally, if she forgot her wallet I can store the items she will need for her while she goes to her house for the wallet.
How can we help other customers?To help the customer who doesn't have more time to wait in line, we can serve him as a priority by asking the customers who are in front of him in line for permission so that he can return to work on time.
Learn more about clients in: https://brainly.com/question/28162297
#SPJ1
geraldine runs a credit report on william, an applicant wishing to become a tenant in one of her units. based on william's credit report, geraldine decides to reject william's application. the fair credit reporting act states geraldine must:
Geraldine is required by the fair credit monitoring act to disclose to William the identity of a credit reporting company used.
A credit report: What is it?The credit report is a document that contains details about your credit history, credit utilization, and other aspects of your credit behavior and situation.Your credit report may be used by lenders to determine whether you qualify for a loan and the conditions of that loan .The responsible debt repayments of a borrower are documented in their credit history. A credit report is a summary of a borrower's credit history obtained from a variety of institutions, including bankers, credit card companies, debt collectors, and governmental bodies.
To know more about credit report visit:
https://brainly.com/question/2989669
#SPJ4
In analyzing the corporate opportunity doctrine, courts look for _______ and _______. (Choose two correct answers)
Answer: be sued
individual person
Type the correct answer in the box.
Lois is planning to raise funds for her new business venture. Which factor of production is she working toward?
Lois is planning to raise funds for her new business venture. She is working toward satisfying the __________ factor of production.
Answer:
Capital
Explanation:
Factor of production are defined as resources or input that are used in production process to get output.
The factors of production includes land, labour, and capital.
Although these are not part of the final product , they facilitate production.
In the given scenario Louis is planning to raise funds for her new business venture.
This is an activity aimed at raising capital for the business.
Capital is a sum of money that is used to start or run a business.
Answer:
The capital factor of production.
Explanation:
The end goal of budgeting is to plan and ____ organizational finances successfully?
A. justify
B. control
C.explain
D.increase
Answer:
B
Explanation:
Controlling is another organizational goal
How many people work as box office managers?
Answer:
hmmm like in the world?
Explanation:
Answer: a valid amount of people
Explanation:
Under PPO, which of the following in-network specialists would a referral be required?
A. None of these
B. Neurologist
C. Dermatologist
D. Cardiologis
Answer:
A) none of these
Explanation:
Hope this helps you have a nice :)
period costs would include costs like advertising or insurance where the linkage between these costs and individual sales is difficult to establish. true or false
The given statement "period costs would include costs like advertising or insurance where the linkage between these costs and individual sales is difficult to establish." is true because period costs are associated with time.
Period costs are expenses incurred by a business that are not directly related to the production process but are associated with the passage of time. These costs are expensed on the income statement during the period in which they are incurred and are not included in the cost of goods sold.
Examples of period costs include advertising and promotional expenses, insurance, rent, salaries and wages of administrative staff, office supplies, and utilities. These costs cannot be directly linked to individual sales, and their impact on the business's financial performance is generally spread over an extended period.
Learn more about period costs at:
brainly.com/question/13237619
#SPJ4
Listed options are traded on
Listed options are financial instruments that are traded on a regulated exchange.
A financial instrument is a tradable asset or package of assets that has financial value. It can be used as a means of investment, speculation, hedging or arbitrage. Financial instruments can be categorized into various types such as equity securities (e.g., stocks), debt securities (e.g., bonds), derivatives (e.g., futures, options, swaps), foreign exchange instruments (e.g., currency), and commodities (e.g., gold, oil, agricultural products).
Financial instruments are typically bought and sold in financial markets such as stock exchanges, bond markets, and commodity markets. They can be used to raise capital, manage risk, and provide liquidity for investors. Some financial instruments are simple and standardized, while others are complex and require specialized knowledge to understand and trade.
Learn more about Financial instruments : brainly.com/question/30627652
#SPJ11
Your roommate told you she doesn’t need renter’s insurance because her parent’s homeowner’s policy covers her stuff. Is she correct? Explain your answer.
Answer: no she is not correct because if she has her own house or apartment then no she is not on homeowner's insurance. now she has to get her own.
Explanation:
hope this helps.
The roommate should not be correct.
What is insurance?Insurance represents the arrangement where the company or the government agency gives the guarantee with respect to the compensation for the particular loss, damage and in return, the payment should be made with respect to the premium. Also, she is not correct since she has her own house so it is not the homeowner insurance.
learn more about insurance here: https://brainly.com/question/24332840
Sales Transactions
Journalize the following merchandise transactions, using the net method under a perpetual inventory system.
a. Sold merchandise on account, $19,150 with terms 2/10, n/30. The cost of the goods sold was $11,490. If an amount box does not require an entry, leave it blank.
Accounts Receivable Sales Cost of Goods Sold Inventory
feedback
(a) When the perpetual inventory system is used, two entries are recorded each time a sale is made. In the first entry, accounts receivable and the sale are recorded, less the discount. A second entry records the cost of the merchandise sold and the reduction of inventory on hand.
b. Received payment less the discount. If an amount box does not require an entry, leave it blank.
Cash Accounts Receivable
(a) Journal entry for the sale of merchandise on account, $19,150 with terms 2/10, n/30, and a cost of goods sold of $11,490:
Accounts Receivable $18,757.00 ($19,150 - $393 discount)
Sales $18,757.00 ($19,150 - $393 discount)
Cost of Goods Sold $11,490.00
Inventory $11,490.00
(b) Journal entry for the receipt of payment less the discount:
Cash $18,367.06 ($18,757 - $390 discount)
Accounts Receivable $18,757.00
In the first transaction, the merchandise was sold on account for $19,150 with terms of 2/10, n/30. This means that the customer can receive a 2% discount if they pay within 10 days, otherwise, the full amount is due within 30 days. The cost of the goods sold was $11,490.
To record this transaction, we need to make two entries. The first entry debits accounts receivable and credits sales for the amount of the sale less the discount ($19,150 - $393 = $18,757). We then debit the cost of goods sold and credit inventory for the cost of the merchandise sold ($11,490).
In the second transaction, the customer pays their account within the discount period, so they receive a 2% discount. The payment received is $18,757 - $390 = $18,367.06.
To record this transaction, we need to make one entry. We debit cash for the amount received less the discount ($18,757 - $390 = $18,367.06) and credit accounts receivable for the full amount of the payment ($18,757).
Learn more about merchandise here:
https://brainly.com/question/27046371
#SPJ11
This graph shows the relationship between the amount of two products a
company can make. This is also known as a(n):
Product A
7
3
A
VO
39
Product B
OA. opportunity cost graph.
OB. capital investment model.
OC. projected annual growth plan.
OD. production possibilities curve.
QB
65
The graph which shows the relationship between the amount of two products a company can make is also known as a production possibilities curve. The Option D is correct.
What is the use of production possibilities curve in economics?The Production Possibilities Curve (PPC) is a model that illustrates the tradeoffs involved in allocating resources between the production of two goods. Scarcity, opportunity cost, efficiency, inefficiency, economic growth, and contractions can all be illustrated using the PPC.
Because the PPF is a curve based on two variables representing resources between two goods, the data can be manipulated to see how scarcity, growth, inefficiency, efficiency, and other factors affect production.
Read more about PPC
brainly.com/question/28193924
#spj1
Economics!!
Which development would most likely reduce the standard of living in the
United States?
A. Wages increase for most American workers.
B. The U.S. government returns to the gold standard.
C. It becomes easier for U.S. citizens to get health care.
D. U.S. factories begin to
produce far fewer goods.
It's D. U.S. factories begin to
produce far fewer goods.
Journal entry for purchased goods from ABC Co. for Rs. 11,000.
Answer:
purchase A/c. Dr. Rs.11,000
To ABC CO.A/c. Rs.11,000
(being goods purchased in cash)
Outline FIVE ways how the owner dealt with the crisis experienced in the workplace
The steps that owner/manager can deal with the crisis experienced in the workplace includes:
identifying issuedealing with ittimely communicationalways be preparedlearning from experienceWhat are workplace crises?These means series of problem that arises at the workplace such as worker shortage, work de-motivation, anonymous accusations, bribery, computer tampering, loss of data etc.
However, the management of workplace crises can impact the manager's performance as well if care are not taken
In conclusion, the proper management of the workplace crises will mitigate the negative effect of those crises.
Read more about workplace crises
brainly.com/question/27735150
#SPJ1
9. In the World View article titled "Chronic Food Shortage Shows Despite Efforts by North Korea to Hide It." On a production possibilities curve between private and public goods, a decrease in military spending in an effort to increase food production could be represented as
Answer:
more private goods
Explanation:
As the military spending decreases, there will be burden to produce on the private sector as the population living requires goods to consume.
Decrease in military spending concludes the decrease in financial support of government in the economy. It provides for the increase in private investment, as many areas are opened for the private sector to invest in, which ultimately results in super investments in mass production by private organisations.
Accordingly, it will result in more private goods.
Which of the following statements is true?
Most countries have laws and court procedures protecting intellectual property such as those in the United States.
Civil laws tend to be relatively nonspecific.
Laws of a country regulate the manner in which business transactions are executed.
Global entrepreneurs cannot specify in the contract that any contract disputes will be heard in the courts of another country.
The statements that are true include "Laws of a country regulate the manner in which business transactions are executed."
Also, the other statements among the options that are considered true are "Most countries have laws and court procedures protecting intellectual property such as those in the United States."
Research has shown that many countries have rules and regulations guiding their business transactions, including intellectual property rights, such as Trademarks, Patents, and Copyrights.
Hence, in this case, it is concluded that the correct answer is options A and C.
Learn more here: https://brainly.com/question/24732585
ford motor co. has separate work units for individual car owners, for businesses, and for agriculture. ford’s organizational structure is based upon
Ford motor co. has separate work units for individual car owners, businesses, and agriculture. ford’s organizational structure is based upon customer divisions.
Customer divisions simply refer to when activities are grouped based on the customers or clients. In this case, there are different work units for the customers.
The reason for this is to enhance customer relationships and ensure that customers are attended to. It also helps to improve the revenue of the company since there are happier customers.
Read related link on:
https://brainly.com/question/25057119
What economic system does the amish use
Answer:
Agrarian is the economic system that the Amish use.
Answer:
The Amish live in an agrarian economy. It thrives in the midst of modern society, not because of inherent advantages, but rather because it borrows much more from that society than meets the eye.
Explanation: