The April 1998 issue of Management Accounting includes an article by Julie Hartenstein and Marjorie Piatt entitled "Why Product Development Teams Need Management Accountants."

Instructions
Read the article and answer the following questions.

(a) What percentage of a product's cost are determined at the design stage?

(b) Why do the authors say that management accountants can provide a broader perspective on costs than purchasing managers?

(c) What are some of the roles and responsibilities that management accountants can have on a design team?

(d) What are some nonfinancial measures used to evaluate industrial design performance?