<u>Product Protocol is a statement that, before product development begins, identifies (1) a well-defined target market; (2) specific customers' needs, wants, and preferences; and (3) what the product will be and do to satisfy consumers</u>
Explanation:
<u>Product protocol</u> is also termed as <u>Product definition ,Product requirement,Product deliverables.</u>
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<u>A product protocol is required after the selection of the product and you are done with the Concept testing ,the preliminary sales forecasting of the product is also completed.</u>
<u>The Product Protocol can be said to be a written document or statement that is required by the various division of a company (like the R&D,Marketing,procurement,production departments)</u>
Answer:
$600,000
Explanation:
For computing the overhead applied first we have to find out the predetermined overhead rate
Predetermined overhead rate = (Total estimated manufacturing overhead) ÷ (estimated machine hours)
= $800,000 ÷ 200,000 hours
= $4
Now the overhead applied is
= Actual direct labor-hours × predetermined overhead rate
= 150,000 hours × $4
= $600,000
Answer:
Market capitalization - $155.26
Stock price - $26.77
Explanation:
The computation of the market capitalization is shown below:
= last year dividend × (1 + growth rate) ÷ (cost of capital - growth rate)
= $5.18 billion × ( 1 + 7.9%) ÷ (11.5% - 7.9%)
= $5.58,922 billion ÷ 3.6%
= $155.26
And, the stock price would be
= Market capitalization ÷ outstanding shares
= $155.26 ÷ 5.8 billion
= $26.77
The second firm finds that though demand is not perfectly elastic, it is now comparatively more elastic. The second firm marginal revenue will be more elastic and its profit maximizing price will be lower. A monopolist probably also considers in policies that indulgence monopolies since it gives them greater power. A monopolist has slight incentive to progress their product because customers have no replacements. Instead, the motivation is dedicated on defending the monopoly.
Answer:
$1,200
Explanation:
Given that
Purchase of a customer delivery van = $50,000
discount rate = 20%
Present value of future cost savings = $51,200
Yield = 20%
Based on the above information, as per the net present value the initial cost of the equipment should not be more than the present value of cash inflows i.e. $51,200
So the more than amount is
= $51,200 - $50,000
= $1,200