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irakobra [83]
3 years ago
6

The unit cost of a product is required to compute:

Business
1 answer:
ELEN [110]3 years ago
5 0

Answer:

The answer is: C) The value of the direct labor hours used for production.

Explanation:

A product cost is a cost incurred in the production of a good or service, it includes both direct costs and indirect costs.

A direct cost is a cost that can be traced to the production of a good or service, for example, direct labor and direct materials.

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A company should develop its marketing strategy and then determine the wants and needs of its customers.
Andrew [12]

Answer:

True

Explanation:

This is true as by doing this you will be able to understand what is in demand in order to gain loyal customers for the business' growth and fill a gap in the market industry.

3 0
3 years ago
A loan of $100,000 is taken out which requires an annual interest payment of 6% of the borrowed amount of money (in market dolla
pav-90 [236]

Answer:

C. $5,150

Explanation:

Calculation for what will be the value of interest payment at the end of fifth year in real dollars

First step is to calculate the Interest amount per year

Interest amount per year = 100,000*6%

Interest amount per year = $6,000

Now let calculate the value of interest payment at the end of fifth year in real dollars

Value of interest payment in 5th year in real dollars = 6,000/(1+3.1%)^5

Value of interest payment in 5th year in real dollars= 6,000/1.164913

Value of interest payment in 5th year in real dollars= $5,150

Therefore the Value of interest payment in 5th year in real dollars will be $5,150

4 0
3 years ago
Caddie Manufacturing has a target debt-equity ratio of .95. Its cost of equity is 11 percent, and its pretax cost of debt is 7 p
Zigmanuir [339]

Answer:

8.20%

Explanation:

Debt equity ratio = 0.95

or

Debt = 0.95 × equity

Cost of equity, ke = 11% or 0.11

Pretax cost of debt, kd = 7% or 0.07

Tax rate = 24% or 0.24

Therefore;

WACC = {Weight of equity × ke } + {Weight of debt × kd × (1-Tax rate)}

It is to be noted that ;

Weight of equity = Equity ÷ (Debt + Equity)

= Equity ÷ ( 0.95×Equity + Equity)

=1 ÷ 1.95

=0.513

Also,

Weight of debt = Debt ÷ ( Debt + Equity)

=0.95 × Equity ÷ ( 0.95 × Equity + Equity)

= 0.95 ÷ 1.95

=0.487

Hence,

WACC = {0.513 × 0.11} + {0.487 × 0.07 × (1-0.24)}

= {0.05643} + {0.03409 × 0.76}

= 0.0823384

or

0.0823384 × 100%

=8.23384

=8.20%

6 0
3 years ago
Which of the following best describes the purpose of INSURANCE?
denpristay [2]

Answer:

I think B

Explanation:

Insurance in short term is something that helps people protect themselves from losing money. So financial losses can be money.

3 0
2 years ago
What type of college would you need to attend to become a veterinarian?
pochemuha
<span><span><span>Here are the best schools:
#1 Overall Score: </span>University of California—​Davis Davis, CA GPA: 4.5
</span><span><span>#2 Overall Score: </span>Cornell University Ithaca, NY4.1
</span><span><span>#3 Tie Overall Score: </span>Colorado State University Fort Collins, CO </span></span>GPA: <span><span>3.9
</span><span><span>#3 Tie Overall Score: </span>North Carolina State University Raleigh, NC </span></span>GPA: 3.9
5 0
3 years ago
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