The total cost of a job shown on the job cost record is the sum of the direct materials and direct labor traced to the job divided by the manufacturing overhead allocated to the job

Companies that are most likely to succeed in the development and introduction of new products typically do which of the following?

a. use an industry-specific approach that is driven by corporate objectives and strategies with a we-defined new-product strategy at its core b. capitalize on youth and creativity to achieve and maintain competitive advantage c. make the short-term commitment needed to support innovation and new-product development d. establish an environment conducive to achieving new-product objectives

There is a tendency to overstate the size and short-term attractiveness of individual country markets, especially when estimates are based primarily on demographic data such as income and population

Indicate whether the statement is true or false