The costs of direct materials, direct labor, and overhead for partially completed products are known as total manufacturing costs.
Direct material costs are the costs of raw materials and parts used to manufacture products. The materials must be clearly identifiable in the resulting product (otherwise they are considered community costs). Direct material costs are one of the few variable costs associated with the production process.
Therefore, it is used to derive the throughput from the production process. The throughput is the revenue minus all fully variable costs. Examples of direct materials include wood used to build houses, automobile steel, radio circuit boards, and fabrics used to assemble garments.
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Answer:
Anna is 88 years old and under the legal guardianship of her daughter. One day Anna receives a telephone call from a health insurance salesman and purchases a $400 a month insurance policy. This contract is VOID.
Explanation:
The nullity is a legal sanction, which detracts from the effectiveness that a legal act can have, that has been born with some vice or that simply has not been formally born to the world of law.
A contract can be classified as null by different factors, to define it more precisely, there are two types of nullity in a contract, there is Absolute Nullity and Relative Nullity.
Answer:
Using
standard discounted cash flow analysis where we try to equate the PV of annuity of additional income with the PV of the money that is to be spend on additional education. There are three scenarios, which are tabulated as follows. It appears that interest rate of 5% or 6% is the one which makes it a good decision to go for higher educaiton. Rates higher than this aren't helpful.
Explanation:
