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4 years ago

LO 4.1Which of the following is a prime cost?

Business

1 answer:

Molodets [167]4 years ago

7 0

Answer:

option B

Explanation:

Prime costs refers to the expenses of a company directly linked to the labor and materials used during manufacturing. This relates to the expense of a product made, which is measured to provide a business with the highest profit margin.

A prime cost is really the cumulative direct costs of producing a commodity for sale, which can be constant or adjustable. Companies utilize prime costs as more of a method of measuring the overall cost of the development materials required to create a specific output.

Thus, from the above we can conclude that the correct option is B .

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You are planning to purchase displays for your store which has 2,400 sq ft of selling space. Each display has a footprint of 10

Butoxors [25]

<span>Solution: Space to be left as open = 60% of 2400 square ft. = 2400 * 60/100 = 1440 sq. ft. Space left for display = 2400- 1440 = 960 sq ft. Size of each display = 10 ft * 4 ft = 40 sq. ft Number of displays that can be fitted in the store = Space left for display / size of display = 960 / 40 = 24 24 displays can be put up in the store.</span>

4 0

3 years ago

Read 2 more answers

s the management process of evaluating the results of business operations against the plan and making adjustments to keep the co

irakobra [83]

Controlling is the the management process of evaluating the results of business operations against the plan and making adjustments to keep the company pressing toward its goals.

<h3>What does control mean in business?</h3>

This is the term that is used to refer to all of the activities that would make the company achieve its goals.

It helps to ensure that the business stays on the path of growth and achievement.

The process of control has to do with the following

Setting of goals
Measuring performance
Comparing performance
Taking corrective actions
Setting future standards

Read more on business control here:brainly.com/question/26398073

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7 0

2 years ago

Select all that apply. careers in the law, public safety, corrections and security career cluster include: 1) gardener 2) teache

kirza4 [7]

Answer:

3) judge

4) jailer

Explanation:

A gardener is a person that works with plants and takes care of designing and maintaning gardens.

A teacher is a person that works with students to help them to get knowledge on one or several areas.

A judge is a person that takes decisions on how the law have to be applied when someone commits a crime.

A jailer is someone that takes care of maintaining the security of the prisoners in a jail.

According to this, careers in the law, public safety, corrections and security career cluster include judge and jailer.

6 0

3 years ago

Read 2 more answers

Ember Company purchased a building with a market value of $280,000 and land with a market value of $55,000 on January 1, 2018. E

LenaWriter [7]

Answer:

A. Jan,1

Dr Building $280,000

Dr Land $55,000

Cr Mortgages payable $320,000

Cr Cash $15,000

B. Dr Mortgages payable $170

Dr Interest expense $3,200

Cr Cash $3,370

Explanation:

A. Preparation of the journal entry for January 1,2018 purchase

Jan,1

Dr Building $280,000

Dr Land $55,000

Cr Mortgages payable $320,000

($280,000+$55,000-$15,000)

Cr Cash $15,000

(To record Purchased building and land with a mortgage payable)

B. Preparation of the journal entry for the first monthly payment of $3,370 on January 31, 2018

Dr Mortgages payable $170

($3,370-$3,200)

Dr Interest expense $3,200

($320,000*12%*1month/12)

Cr Cash $3,370

(To pay the interest and annual installment)

4 0

3 years ago

Stock J has a beta of 1.52 and an expected return of 15.76 percent. Stock K has a beta of .98 and an expected return of 11.44 pe

Charra [1.4K]

Answer:

I don't have any ideas on the question

3 0

3 years ago