Manufacturers have established a cost classification called product costs. Define the term "product cost" and note where these costs appear in the financial statements. Be specific.
What will be an ideal response?
Product costs are costs that relate to the manufacturing process and consist of direct materials, direct labor, and manufacturing overhead. Simply stated, these are costs incurred to make a product.
Product costs are attached to the units produced (i.e., work in process) and, thus, inventoried on the balance sheet. These costs are later charged to finished goods when the goods are completed. Another transfer occurs when the finished units are sold, with the costs now transferred to cost of goods sold on the income statement.
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Where would you categorize weaknesses in a SWOT analysis?
A. External, helpful B. External, harmful C. Internal, helpful D. Internal, harmful
Both the directive and supportive leader behaviors in the path-goal approach are quite similar to the leader behaviors of the same name in the situational approach. Participative and achievement-oriented behaviors are different from the other two behaviors in situational approach (coaching and delegating). Compare and contrast these four behaviors using your knowledge of both the situational approach and path–goal approach.
What will be an ideal response?
A carefully selected group of consumers who agree to participate in an ongoing online dialogue with a particular corporation is known as a(n)__________
Fill in the blanks with correct word.
Solve the following integer linear program graphically
MAX Z = 5x1 + 8x2 s.t. x1 + x2 ? 6 5x1 + 9x2 ? 45 x1, x2 ? 0 and integer