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2 years ago

Salaries of managers and maintenance personnel are examples of ______ labor costs.

Business

1 answer:

Inessa05 [86]2 years ago

5 0

Salaries of managers and maintenance personnel are examples of indirect labor costs.

What is the difference between direct and indirect labor costs?

Direct labor costs are traceable directly to the finished goods produced whereas the indirect labor costs such as the salaries of managers and maintenance personnel are good examples of indirect labor costs since their efforts cannot be traced to finished goods.

There is a need to determine direct labor costs, because indirect labor costs are not prime cost, which are used in determining the contribution per unit

Find out more about labor costs on:brainly.com/question/24303619

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Full question with options:

Salaries of managers and maintenance personnel are examples of ______ labor costs. a) indirect b) direct.

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Select two skills from the list in the article that you feel you have to offer in the workplace . Discuss the importance of thes

laiz [17]

Answer:

Two skills from the list in the article are Communication and Analytical and problem-solving. Why are these things important? Well because almost every job available today involves dealing with other people such as employers, coworkers, or clients. Good employees need to be able to express themselves clearly. They also need to understand what others are saying. Companies want employees who can speak and write correctly and professionally. Whether using the phone, email, social media, or speaking in person, communication skills are necessary to succeed in business. Employers will also want to have employees who can solve issues easily and effectively. Knowing how to analyze and fix problems is a skill that will make workers successful in their jobs.

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3 years ago

During the first year of operations, a company sold $115,000 of goods to customers and received $97,500 in cash from customers.

rjkz [21]

Answer:

$43,500

Explanation:

Net income = sales - expenses

sales = 115,000

expenses (cost) = 71,500

net income = 115,000 - 71,500 = 43,500

We calculate based on the matching principle.

The revenues and expenses should be recognized during the period they occur.

In this case, the sales are for 115,000 regardless of the amount collected during the period or subsequent periods

The expenses for the period are 71,500 Even if a portion remains unpaid at the end of the year, all the expenses for the year should be included in the calculation.

8 0

3 years ago

Page Enterprises has bonds on the market making annual payments, with nine years to maturity, and selling for $948. At this pric

IrinaK [193]

Answer:

Coupon rate is 5.17%

Explanation:

Yield to maturity is the annual rate of return that an investor receives if a bond bond is held until the maturity.

Assuming Face value of the bond is $1,000

Face value = F = $1,000

Selling price = P = $948

Number of payment = n = 9 years

Bond Yield = 5.9%

The coupon rate can be calculated using following formula

Yield to maturity = [ C + ( F - P ) / n ] / [ (F + P ) / 2 ]

5.9% = [ C + ( $1,000 - $948 ) / 9 ] / [ ( $1,000 + $948 ) / 2 ]

5.9% = [ C + $5.78 ] / $974

5.9% x $974 = C + $5.78

$57.466 = C + $5.78

C = $57.466 - $5.78 = $51.686

Coupon rate = $51.686 / $1,000 = 0.051686 = 5.17%

4 0

3 years ago

Westbrook's Painting Co. plans to issue a $1,000 par value, 20-year noncallable bond with a 7.00% annual coupon, paid semiannual

xeze [42]

Answer:

The component cost of debt used to calculate the WACC will change by 0.70% if the new tax rate was adopted.

Explanation:

This can be calculated using the formula for calculating the component cost of debt used to calculate the WACC as follows:

CD = WD * PCD * (1 - t) ........................ (1)

Where;

CD = Component of cost of debt in WACC

WD = Weight of debt

PCD = Pretax cost of debt

t = tax rate

Note: Since information is provided for only the 20-year noncallable bond in the question, we assume that WD is 100% for simplicity purpose.

We can therefore proceed as follows:

a. CD When tax rate is 25%

Based on equation (1) and the assumption in the note, we have:

CD when t is 25% = Component of cost of debt in WACC = ?

WD = Weight of debt = 100%

PCD = Pretax cost of debt = 7%

t = tax rate = 25%

Substituting into equation (1), we have:

CD when t is 25% = 100% * 7% * (1 - 25%) = 5.25%

b. CD When tax rate is 15%

Based on equation (1) and the assumption in the note, we have:

CD when t is 15% = Component of cost of debt in WACC = ?

WD = Weight of debt = 100%

PCD = Pretax cost of debt = 7%

t = tax rate = 15%

Substituting into equation (1), we have:

CD when t is 15% = 100% * 7% * (1 - 15%) = 5.95%

c. the WACC change if the new tax rate was adopted

Change in WACC = CD when t is 15% - CD when t is 25% = 5.95% - 5.25% = 0.70%

Therefore, the component cost of debt used to calculate the WACC will change by 0.70% if the new tax rate was adopted.

4 0

3 years ago

Some banks offer variable rate loans with defined periods. Give at least one example

o-na [289]

Answer:

A variable rate loan is a loan that has a benchmark or index rate, plus or less some points, and varies according to the index rate.

For example, one of the most common index rate is the LIBOR, acronym for Londor Interbank Offered Rate. A bank can offered a loan consisting of a rate of LIBOR plus 1.5 points.

Suppose the first month of the loan, LIBOR is 2.00%, therefore, the total variable rate of the loan is 3.15%. Then, in the second month, LIBOR goes down to 1.00%, therefore, now the variable rate of the loan is 2.15%. This is an example of a variable rate loan.

3 0

3 years ago