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C Sharp Inc.plans to make a new mobile phone that would use a retina scanner to unlock the phone.However,the company does not implement the plan as it realizes that the costs involved are too high.Which of the following factors while making a technology decision has C Sharp Inc.taken into consideration?
Traced Costs
Direct costs, such as materials and labor, that can be directly linked to the production of specific products or services.
Drop the Product
The decision to discontinue the production and sale of a particular product, often due to low demand or profitability.
Activity-based Approach
A methodological approach that focuses on identifying and managing activities as the fundamental cost objects, aiming to improve business processes and allocate costs more precisely.
Job Costing Approach
A system used to assign manufacturing costs to an individual product or batches of products, commonly used in industries where products are distinct like construction or custom manufacturing.
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