cost accounting principles 9E chapter 5 Q9:Calista London, after spending 20 yea
ID: 2414991 • Letter: C
Question
cost accounting principles 9E
chapter 5
Q9:Calista London, after spending 20 years working for a large engineering firm, has decided to start her own business. She has designed a product to remove jar lids with minimal physical effort. London believes this product will sell 1 million units per year. London has protected her design with appropriate patents, has acquired production space and required machinery, and is now training her newly hired employees to manufacture the product. London has been your friend for many years and has asked your advice about what type of product cost and valuation system she should use. Based on the limited information given here, what recommendation would you make to London? Why?
Explanation / Answer
As per information about the london, she had experience for a large engieering firm, but she don't have experience about the business. and then she start the new business required the man power of the machinery, and hired employees for manufacture the product. So she has been my friend first of all start the business with minimum cost of the product and then good quality and valuation of the system.
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