Answer:
limits the simultaneous development of new products.
Explanation:
Product screening serves to evaluate innovative concepts, strategies, and marketing trends to assess their practicality for business investments.
A variety of criteria are utilized to determine if the idea aligns with the company's goals, as well as to verify its potential for generating returns.
[[TAG_15]]Thus, product screening effectively reduces the number of product concepts being pursued concurrently.[[TAG_16]]
Answer: $1,651
Explanation:
The sole cost associated with Internal failure is the expense for fixing the dog beds prior to sale, totaling $1,651.
The remaining costs fall into the following categories:
- Repairs for dog beds under warranty - External failure cost Seamstress training. -
- Prevention cost Wages of part-time inspector of products - Appraisal cost
- The cost of replacements provided to customers for defective dog beds - External failure cost
- Product liability insurance - External failure cost
- Inspection of sewing machines during routine maintenance - Appraisal cost Inspection of fabric and thread for defects -
- Appraisal cost
Answer:
Souza earned a profit of $125 from her summer job.
Explanation:
Profit represents the difference between total income and total expenditures.
After buying herself new shoes for $50 at summer's end, Souza had $125 remaining, indicating her profit for the summer job is $125
The activity variance totals $20 U. Given the following data: budgeted in March = 7,900 units, actual activity level = 7860 units, revenue = $297,318, direct labor = $59,962, direct materials = $135,850, manufacturing overhead = $51,370, selling and administrative expenses = $31,950. To determine the budgeted selling and administrative expense, the variable expense is calculated as 0.5 × 7900 = $3,950, while the fixed expense remains at $27,400. Hence, total budgeted selling and administrative expenses computes to $31,350. For the flexible budget, the variable expense adjusts to 0.5 × 7860 = $3,930. Therefore, the total flexible budget for selling and administrative cost becomes $31,330. Activity variance, computed as (31350 - 31330), equals $20 U, indicating that actual performance fell below budgeted expectations, with the difference rooted solely in variations between the budgeted and actual activity levels.