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3 years ago

LO 2.2Which of the following are prime costs?

Business

1 answer:

sesenic [268]3 years ago

4 0

Answer:

OPTION D: Direct Labor and Direct Material

Explanation:

Prime cost of a product is defined as the direct costs of producing a product including direct material costs and direct labor costs. Any other manufacturing overheads, indirect expenses and indirect materials/labor cost are not included in the calculation of PRIME COSTS .

Prime Cost = Direct Material Cost + Direct Labor Cost

Therefore, OPTION D: direct Labor and direct materials is the correct definition of prime costs.

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An investment product promises to pay $42,000 at the end of 10 years. If an investor feels this investment should produce a rate

Leokris [45]

Answer:

$15,146

Explanation:

$42,000 x .32197* = $13,523 (rounded)

*PV of $1: n = 10; i = 12%

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3 years ago

Read 2 more answers

Your small remodeling business has two work vehicles. One is a small passenger car used for job site visits and for other genera

andrew11 [14]

Answer:

Explanation:

<u>First - if we upgrade the Car</u> :

Current cost of fuel in car - 12000/25*2.65 = 1272$

after upgrading the car , cost of fuel in car - 12000/40*2.65 = 795$

Net saving in fuel cost - 1272-795 = 477$

<u>Second - if we upgrade the Truck </u>:

Current cost of fuel in truck - 12000/10*2.65 = 3180$

after upgrading the truck , cost of fuel in truck - 12000/12.5*2.65 = 2544$

Net saving in fuel cost - 3180-2544 = 636 $

So, we should upgrade the truck, because it will give more saving in fuel cost.

ANNUAL FUEL SAVINGS IN GALLONS:

CAR - 477/2.65 = 180 GALLONS

TRUCK - 636/2.65 = 240 GALLONS

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4 years ago

1- your FICO credit score based on which of these (there can be more than one right than one right answer )

arsen [322]

Answer:

Explanation:

1- all

2-all

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5-f

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3 years ago

If the price of money (e.g., interest rates and equity capital costs) increases due to an increase in anticipated inflation, the

goldenfox [79]

It may be true but double check

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3 years ago

For nonprofit organizations, strategy is long-term thinking related to

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3 years ago