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3 years ago

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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Ruston Company had Net Income for 2020 of $6,200,000. The firm invested $4,000,000 in manufacturing equipment during 2020. The e

Aloiza [94]

Answer:

$3,000,000

Explanation:

Calculation to determine the Net Cash Flow in 2020

STATEMENT OF CASH FLOW

For the Year 2020

Cash flow from operating Activities:

Net Income $6,200,000

Add Depreciation Expense $ 800,000

Net Cash provided by operating activities $7,000,000

($6,200,000+$800,000)

Cash flow from Investing activities:

Investment in Equipment ($4,000,000)

Net Cash used in Investing activities ($4,000,000)

Net Cash flow in 2020 $3,000,000

Depreciation under Straight Line method = (Cost - Salvage Value)/Useful Life

Depreciation under Straight Line method= (4000000-0)/5

Depreciation under Straight Line method= 800,000

Therefore the Net Cash Flow in 2020 is $3,000,000

4 0

3 years ago

In regard to the stages (or rounds) of venture capital funding, the stage of funding that occurs when an investment is made very

NemiM [27]

Answer: seed capital

Explanation: In simple words, seed capital refers to the funding under which a venture capitalist invests in a project that involves introducing a completely new product or service.

Usually the projects that involves funding of seed capital have no physical existence or assets. These projects are just in from of idea and the venture capitalist feels that it can be a success so he invest in it. Generally, under such projects venture capitalist takes majority of capital in his hold for fully enjoying the potential benefit.

3 0

3 years ago

Which of the following is true of an unsecured loan?

Ilya [14]

The statement "The value of an item where the borrowers owned but they are not at the repossession risk" is to be true.

The unsecured loan is the type of loan in which there is no need for any type of collateral property.

The lender does not takes the assets of the borrower as the security but it gives the approval of an unsecured loan depends upon the creditworthiness of the borrower.

Examples are:

Personal loans.
Students loans.
Credit cards.

The following information related to unsecured loans is

It does not for cars, houses, or any other large purchases
In this, the collateral does not involve.
It contains high interest.

Therefore we can conclude that, option d is correct.

Learn more about the unsecured loan here: brainly.com/question/8347317

7 0

3 years ago

Read 2 more answers

Suppose that the total revenue received by a company selling basketballs is $600 when the price is set at $30 per basketball and

NemiM [27]

You would get 20 basketballs at $30 and 30 basketballs at $20.

4 0

3 years ago

Ithaca is considering a new $45,000 snowplow that will save the city $400 per day of use compared to the existing one. It should

Yuliya22 [10]

Answer:

a/ 20 days per year on average

b/ The use of road salt to is an effective deicer method. However, it will eventually causes some harmful impact on the environment including but not limited to increasing in water/soild salinity, contamination of public drinking waters, destroy the soild structure and slowly killing of trees and plants. Luckily, there are some other options which are more environment-friendly such as Cheese brine, Sand, Urea, Beet molasses

Explanation:

a/ To evaluate the investment of the new snowplow, denote X is the average amount of saving per a year as the new snowplow is used.

Consider the average amount of saving as an annuity for the next 12 years, with the discount rate of 14%. The present value (PV) = 45,000 - 2,500/1.14^(-12) =$44,481.1

Thus, to obtain the rate of return of 14%, PV of the annuity should be equals to $44,481.1 meaning: 44,481.1= (X/14%) x [ 1 - 1.14^(-12)] <=> X = $7858.44

As one day use would save Ithaca $400, to achieve the targeted saving of $7858.44, the city has to use the snowplow at least 20 days per year ( 7858.44/400)

5 0

3 years ago