Use the following guide question to identify the need of your potential market 1. What specific product or service they need every day?
2. Is the product or service they need is already available in the market?
3. If the product or service is already available, are they able to afford it?
4. What other product or service they need that is not available in the market?
Potential Markets:
1.
2.
3.

Needs of potential market
1. What product or service does potential market number 1 has? (Ex. PPE product like face
mask)
Product Needs of potential market
2.
Product Needs of potential market
3.

What would be the input, conversion and output of developing a new soft drink

All of the industries and businesses in the country of marksenia are privately owned and sell products at different prices that are not controlled by the government or any other organizational body. consumers in marksenia are free to buy as much of the products as they like from the businesses they want. the country of marksenia has a

Harwood company uses a job-order costing system that applies overhead cost to jobs on the basis of machine-hours. the company's predetermined overhead rate of $2.50 per machine-hour was based on a cost formula that estimates $240,000 of total manufacturing overhead for an estimated activity level of 96,000 machine-hours. required: 1. assume that during the year the company works only 91,000 machine-hours and incurs the following costs in the manufacturing overhead and work in process accounts: compute the amount of overhead cost that would be applied to work in process for the year and make the entry in your t-accounts. 2a. compute the amount of underapplied or overapplied overhead for the year and show the balance in your manufacturing overhead t-account. 2b. prepare a journal entry to close the company's underapplied or overapplied overhead to cost of goods sold.