1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
SVETLANKA909090 [29]
3 years ago
8

Direct labor cost is classified as: Conversion cost Prime Cost A) Yes Yes B) No No C) No Yes D) Yes No Choice A Choice B Choice

C Choice D
Business
1 answer:
PtichkaEL [24]3 years ago
4 0

Answer:

A) Yes Yes

Explanation:

The prime cost is the cost that includes both the direct material cost and the direct labor cost

In mathematically,

Prime cost = Direct material cost + Direct labor cost

While the conversion cost is the cost that includes the direct labor cost and the manufacturing overhead cost

In mathematically,

Conversion cost = Direct labor cost + Manufacturing overhead cost

You might be interested in
1. Define Trade, Import and Export<br><br> 2. List items the U.S. imports and exports.
jasenka [17]

Answer:

food and clothing

Explanation:

import is to bring things from a different country for sale. export is to give things to a different country or place for sale. trade is to transfer or exchange something from a different country.

4 0
3 years ago
The Nelson Company has $1,312,500 in current assets and $525,000 in current liabilities. Its initial inventory level is $380,000
Sedbober [7]

Answer:

company can value of $190909.1

Explanation:

Given data:

current assets = $1,312,500

current liabilities =  $525,000

initial inventory level is $380,000

current ratio = 2.2

current liabilities is calculated as = \frac{Current/ Assets}{current/ ratio}

plugging all value  in above relation

current liabilities= \frac{1312500}{2.2}

current liabilities = $ 596590.90

and we know  current liabilities is  $525,000. Thus company can value of $190909.1

8 0
3 years ago
Your lease calls for payments of $500 at the end of each month for the next 12 months. Now your landlord offers you a new 1-year
Mamont248 [21]

Answer:

Change in Net worth= $133.62

Explanation:

The two lease options require  that the leasee ( the tenant) commit himself to pay a series of equal amount of rent installment at the different time period in the future.

These series of equal periodic cash flows occurring in the future  are called annuities.  

To have a meaningful comparison, the two annuities should be compared based on their present values. So we compute the present value of the two using the formula below:

Present Value (PV) =( A × (1- (1+r)^(-n))/r

Option 1:Current lease

PV = 500 × 1-(1+0.05)^(12)

    = 500 ×  8.863251636

    = $4,431.62

Option 2: New Offer

This will be done in two steps:

PV of lease in year 3

PV =700 × (1-(1+0.05)^(-9))

     = 700 × 7.107821676

     =4,975.47

PV of lease in year 0

PV = FV × (1+r)^(-3)

     =4,975.47 × 0.8638

     =$4,298.00

My net worth would change by the amount of the difference between the two PV of the two annuities:

Difference in PV = $4,431.62-$4,298.00

      Change in Net worth= $133.62

7 0
4 years ago
One of the potential benefits to a firm of introducing new-to-the-world products or services is Multiple Choice cost savings. th
Assoli18 [71]

The best answer to this question is the unlisted option of <u>d) establishment </u><u>of a </u><u>completely new market.</u>

<h3>Benefits of introducing products to market</h3>
  • A chance to build a new market that buys the good you sell.
  • A chance to build strong brand loyalty to the new type of products introduced.

Being the first to bring a product to market is therefore very advantageous as it puts one in the dominant market position in a new market thereby guaranteeing profit.

In conclusion, option d is correct.

Find out more on new products at brainly.com/question/25181857.

7 0
3 years ago
Francois deposits $350.00 in a savings account. The account pays an annual interest rate of 4.3%. He makes no other deposits or
neonofarm [45]

Answer:

$3.7625

Explanation:

Simple interest is calculated as

Interest = P x r x t

Where

p = principal amount.. $350

r= interest rate: 4.3% or 0.043

t= time in years: 3 months or 3/12 =0.25 years

Interest = $350 x 0.043 x 0.25

=$3.7625

4 0
3 years ago
Other questions:
  • When the dollar appreciates relative to foreign currencies, it means that:?
    8·1 answer
  • The December 31, 2018, inventory of Tog Company, based on a physical count, was determined to be $470,000. Included in that coun
    12·1 answer
  • How many years will it take for an initial investment of $ 50 comma 000 to grow to $ 75 comma 000 question mark Assume a rate of
    13·2 answers
  • Rick Co. had 30 million shares of $1 par common stock outstanding at January 1, 2021. In October 2021, Rick Co.'s Board of Direc
    8·1 answer
  • Why should your business use Performance Planner?
    13·1 answer
  • Explain hotel manager​
    7·2 answers
  • Zippy had cash inflows from operations of $72,500; cash outflows from investing activities of $57,000; and cash inflows from fin
    7·1 answer
  • When a group gives some of its
    12·1 answer
  • Question 9 of 15
    7·1 answer
  • Which country has a comparative advantage in the production of baseballs? explain.
    14·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!