3. A major advantage for some people

A company's prime costs total $5,200,000 and its conversion costs total $9,200,000. if direct materials are $2,100,000 and facto

Elanso [62]

Answer:

Direct labor= $3,100,000

Explanation:

Giving the following information:

Prime costs= $5,200,000

Conversion costs= $9,200,000.

Direct materials= $2,100,000

Factory overhead= $6,100,000

To calculate the direct labor, we need to use the conversion and primer costs formula.

Prime costs= direct material + direct labor

5,200,000= 2,100,000 + direct labor

$3,100,000= DL

To prove it:

Conversion costs= direct labor + Factory overhead

9,200,000= DL + 6,100,000

3,100,000= DL

8 0

4 years ago

In the context of the new-product development process, the decision to market a product is made during _____.

xeze [42]

In the context of the new-product development process, the decision to market a product is made during commercialization. The commercialization is the procedure by which a new manufactured goods or service is offered into the general market. The procedure of commercialization is broken into phases from the initial introduction of the product through its mass production and adoption. It proceeds into account the production, distribution, marketing, sales and customer support necessary to accomplish commercial achievement.

3 0

4 years ago

The financial statement that shows the beginning balance of retained earnings; the changes in retained earnings that resulted fr

azamat

Answer:

e. Statement of retained earnings.

Explanation:

Statement of retained earnings -

It refers to the financial statement , that defines the alterations in the retained earning , for a particular time period , is referred to as the Statement of retained earnings .

The statement mention the beginning and the ending retained earnings in the given time frame , which helps to calculates the corporate profit .

Hence , from the given information of the question,

The correct option is e. Statement of retained earnings .

8 0

3 years ago

An online investment blogger advises investing in mutual funds that have performed badly the past year because ""regression to t

ivolga24 [154]

No , he is not correct

Explanation:

He's not right, because other factors, such as recession, economic crisis, large debts, etc, might be the source of the bad performance.

It means not that bad performance stops next year, so a lot of money can be wasted if the bad performance carries on.

Investors find some negative factors significant to mutual funds, like high cost ratios paid to the investor, undisclosed front and back-end costs, lack of control over investment decisions and skewed returns, that are perceived to be bad investments.

3 0

3 years ago

when preparing a representative sample from a list of 200 customers who complained about errors in their statements, a _____ mi

makvit [3.9K]

Systematic sample

When preparing a representative sample from a list of 200 customers who complained about errors in their statements, this type of sample might select every tenth customer for review.

4 0

4 years ago