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Which of the following costs do management need to consider when introducing a new product or substituting a new product for an existing one ?

<p style="text-align:left;"><span>Costs of retraining employees</span></p> <p style="text-align:left;"><span><span>   </span><span>  </span></span><span>Costs of acquiring new ancillary equipment</span></p> <p style="text-align:left;"><span><span>   </span><span>  </span></span><span>Write-offs due to undepreciated investment in old technology</span></p> <p style="text-align:left;"><span><span>    </span><span>  </span></span><span>Capital requirements for changeover</span></p>

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Question added by Deleted user
Date Posted: 2014/10/01
Ibtisam Haider Syed
by Ibtisam Haider Syed , General Accountant , DAR AL AQAR REAL ESTATE LLC

 

 

Costs that management should consider would include costs of retraining employees; costs of acquiring new ancillary equipment; write-offs of undepreciated investments in the old technology; capital requirements and research and development costs of the changeover; and costs of modifying interrelated stages of production or related aspects of the business.

Sara Naeem
by Sara Naeem , Trainee Finance officer , Wah Brass Mill

All options should be consider.

Fahad Mahesar
by Fahad Mahesar , ACCA Finance & Accounts Trainee , Siemens Pakistan Engineering Company Limited

You need to consider the cost of retraining the employees, cost of research & development, cost of bringing in any additional staff and cost of decommissioning, if the old plant need it to be. However writes off of non-depreciated capital investment might pay you off more when you go sell it in second hand market.

MOHAMED RABIE KHALILL
by MOHAMED RABIE KHALILL , رئيس حسابات , شركة ترانز لاين

ALL ANSWER

Asim Azaldeen Abdalrahman Mhammed
by Asim Azaldeen Abdalrahman Mhammed , Property Manager , TAAM PROPERTY

All options

mohammed mohammed danial mahdy
by mohammed mohammed danial mahdy , رئيس حسابات , شركة عايد دحيم الحمود للتجارة والمقاولات - (شركة مساهمه مقفله)

Thank you for the invitation and I agree with the answers professors

 

georgei assi
by georgei assi , مدير حسابات , المجموعة السورية

Each of these costs need to account management when introducing a new product or a new product to replace an existing one, namely:

 

Training costs and the purchase of new equipment attached to the process of producing the product and write-offs due to undepreciated investment in old technology and capital requirements for transformation

Deleted user
by Deleted user

all of them is the answer

because

Costs that management should consider would include costs of retraining employees; costs of acquiring new ancillary equipment; write-offs of undepreciated investments in the old technology; capital requirements and research and development costs of the changeover; and costs of modifying interrelated stages of production or related aspects of the business

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