You are working in the finance department of Innotech Ltd (INT). The Company has spent $5 million in research and development over the past 12 months developing cutting-edge battery technology
which will be incorporated into the electric vehicle market. INT now need to choose between the
following three options for bringing the product to market. These options are:
Option 1: Manufacturing the product “in-house” and selling directly to the market
Option 2: Licensing another company to manufacture and sell the product in return for a royalty
Option 3: Sell the patent rights outright to the company mentioned in option 2

From what part of income should someone take savings?

Bandar industries berhad of malaysia manufactures sporting equipment. one of the company’s products, a football helmet for the north american market, requires a special plastic. during the quarter ending june 30, the company manufactured 35,000 helmets, using 22,500 kilograms of plastic. the plastic cost the company $171,000. according to the standard cost card, each helmet should require 0.6 kilograms of plastic, at a cost of $8 per kilogram. 1. what is the standard quantity of kilograms of plastic (sq) that is allowed to make 35,000 helmets? 2. what is the standard materials cost allowed (sq x sp) to make 35,000 helmets? 3. what is the materials spending variance? 4. what is the materials price variance and the materials quantity variance?

Match the different financial task to their corresponding financial life cycle phases