In terms of explaining the probability
of assignment to trial arms in consent forms, it is true that ICH
notes should be included
To add, an internationally accepted standard for the designing,
conducting, recording and reporting of clinical trials is called The Note for Guidance on Good Clinical Practice (CPMP/ICH/135/95).
B) Added value
Explanation:
Added value - It is an improvement to the product or service making it more worthwhile.
Competitive advantage makes the product or service more desirable than other competitors.
In this scenario, there is no competition of the services as yet, but definitely has an added value by improving the services.
Answer:
$166.8
Explanation:
Given that,
Units expected to produced = 400,000 units
Machine hours required = 1.2 each
Manufacturing overhead costs:
= Department 1 + Department 2
= $2,530,000 + $2,752,000
= $5,282,000
Total Machine hours:
= Department 1 + Department 2
= 30,000 MH + 8,000 MH
= 38,000 MH
Overhead cost per machine hour:
= Manufacturing overhead costs ÷ Total Machine hours
= $5,282,000 ÷ 38,000 MH
= $139 per MH
Overhead cost per unit:
= Overhead cost per machine hour × Machine hours required for each
= $139 per MH × 1.2
= $166.8
Answer:
Total overhead= $17,600
Explanation:
Giving the following information:
Variable manufacturing overhead $ 1.65
Fixed manufacturing overhead $ 11,000
Units produced= 4,000
<u>The total overhead is the sum of the total variable cost and the total fixed costs.</u>
Total overhead= 1.65*4,000 + 11,000
Total overhead= $17,600
Answer:
Her kitchen Staff can spend up to $3.00 on product cost.
Explanation:
Selling price= $10.00
Margin= $4.00
Labor costs = $10.00*30% = $3.00
Selling Price = Contribition margin + Labor costs + Product Cost.
Isolating Product cost from the equation:
Product cost = Selling price - (Contribution margin + Labor costs)
Product cost = $ 10.00 - ($4.00 + $3.00)
Product cost = $ 10.00 - $7.00
Product cost = $ 3.00
The max. amount that kitchen staff can spend on product cost is: $ 3.00
