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tatyana61 [14]
3 years ago
12

TP2. LO 5.2Why are labor and manufacturing overhead grouped together as conversion costs?

Business
1 answer:
Levart [38]3 years ago
5 0

Answer:

Explanation:

Conversion cost is the cost that is required to convert the raw material into a product. It is a mix of direct labor costs and the manufacturing overhead cost. It is also known as production cost which is required to produce the product

In mathematically,  

Conversion cost = Direct labor cost + manufacturing overhead cost

It excludes the direct material cost

These two costs are required to convert the raw material into the final product  

The examples of conversion cost are indirect labor, repairs and maintenance charges,etc

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An alternative to using a letter of credit is export credit insurance. What are the advantages and disadvantages of using export
Agata [3.3K]

Answer:

Read the explanation below.

Explanation:

A. Luxury yatch: Not a lot of people buy Yactchs, but a lot of businesses are capable of making them. So more or less the buyer is in position to dictate terms. And asking the buyer to open a letter of credit may result in the loss of sale.

But to protect against the risk of losing payment, the seller can opt for export credit insurance. Here on advantage of export credit insurance is the exporter is more likely to make the sale in a competitive market such as this. If there is a default, the insurance should cushion the blow. However, Canada and California are not known for opaque or radically different legal systems, are not far away, and do not have linguistic or other barriers. In the event of default, the yatch is likely to be returned.

b. Machine tools. Again, one advantage is that the new yorker exporter is more likely to make the sale. The exporter's position however is strong due to the fact not lot of people make machine tools as the are hard to make and have a higher fixed costs.

Thus, letter credit is the most viable option in this case.

3 0
3 years ago
A situation that arises when all alternative choices or behaviors have been deemed undesirable because of the potentially negati
Anton [14]

Answer:

c. an ethical dilemma .

Explanation:

An ethical dilemma -

It is the decision - making problem between two of the moral imperative , and both of them are neither unambiguously preferable nor acceptable .

It can also called an ethical paradox in the moral philosophy .

<u>Ethical dilemma is showcased in the information of the question .</u>

hence , the correct answer is - an ethical dilemma .

7 0
3 years ago
Tomas earned $89 in interest on his savings account last year and has decided to leave the $89 in his account this coming year s
mamaluj [8]

Answer:

compound interest

Explanation:

compound interest is a practice where the interest earned qualifies to earn more interest. Compound interest is offered on some savings accounts. The interest earned every  year is not withdrawn but is added to the principal amount. The principal amount increases at the beginning of every period.

The act of adding interest to the principal, which results in interest earnings on interest, is known as compound interest. Accounts that offer compounding interest are preferred to simple interest accounts. A saved amount in a compound interest account will grow faster as the principal amount will increase every year.

7 0
3 years ago
Choose the best answer:
Juli2301 [7.4K]

Answer:

Option B is correct.

Explanation:

Option A is incorrect because the expected return must be greater than the marginal cost of the capital which means that the Net Present Value must be positive.

Option B is correct because the increase in cost of debt or capital would increase the weighted average cost of capital. This is because weighted average cost of capital is directly proportional to cost of capital sources.

Option C is incorrect because its not the cost of one of the capital sources, actually it is the weighted average cost of capital which when starts increasing at a point due to increase in the level of financing is known as breaking point.

So the only statement that is correct is option B.

Kindly don't forget to rate the answer. Thanks

3 0
3 years ago
Paula Reid is the manager at the Miami office of the U.S. Secret Service who set in motion a major prostitution scandal by repor
Elan Coil [88]

Answer:

The answer is: She used the justice approach, realizing that the greater good is served because people learn to help each other in their own interest.

Explanation:

Justice approach: an ethical decision is a decision that distributes benefits and costs (or punishments) among those involved in a fair, equitable, and impartial way.

Paula used this approach because she believed the agents had acted improperly and that they were harming the US Secret Service.

I consider any organization a team, so in order for it to work well its members must be respected both by their peers and by the other teams´ members. If you consider the various types of activities this specific agency carries out, other not so friendly "teams" (other secret services or even terrorists) could use this type of information to damage or compromise those activities. So the well being of all the country was being jeopardized by a group of bad agents.

7 0
4 years ago
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