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klasskru [66]
4 years ago
7

Which of the following must be true in order for materials to be classified as direct materials? a.They must be an integral part

of the finished product and be a significant portion of the total product cost. b.They must be introduced into the process in both work in process inventories and finished goods inventories. c.They must be classified as both prime costs and conversion costs. d.They must be an integral part of the finished product, but can be an insignificant portion of the total product cost.
Business
1 answer:
inysia [295]4 years ago
3 0

Answer:

a. They must be an integral part of the finished product and be a significant portion of the total product cost.

Explanation:

The Direct material is supply which is consumed during the production of a product. The direct material should be an integral part in the finished good. Consumables are not direct material. To become direct material the raw supplies should be a significant portion of the total cost. There is no direct material in a service business. The finished product should contain the direct material and the material must be an integral part of the final product.

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The following economic functions have been derived by the Finance Manager
diamong [38]

The supply curve in the question is Qa = 3P2– 12 while the demand curve is Qx = 24 – P2.

<h3>a. How to ascertain the supply curve</h3>

To know the supply curve we have to be able to make a distinction of the direction of the signs used in the functions.

Supply curves are known to be positive because they are an increasing function that is due to prices. For demand function they are negative because they are a decreasing function.

In 3P2 – 12. the coefficient is positive when we take the first derivative. This gives us 6p= +6

For the demand curve, when we do this we would have -2p. that is -2 hence this is the demand curve.

2. Equilibrium.

At equilibrium we have Qa = Qd

hence  3P² – 12p= 24 – P²

From here we are to take like terms

3P² – 12p= 24 – P²

3P² +  P² - 12p - 24 = 0

4p² - 12p - 24 = 0

The solution to the quadratic equation using the quadratic equation calculator is x=4.37228 and x=−1.37228

Read more on demand and supply curve here:

brainly.com/question/4804206

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6 0
2 years ago
Online mortgage companies have been growing in numbers and size. If all other things are equal, as a result of this growth, trad
lyudmila [28]

Answer:

The correct option is "C" "Decrease the interest on their mortgage loans as the demand for traditional mortgage loans decreased"

Explanation:

The banks should diminish the financing cost on their home loan credits in the market for conventional advances on the grounds that at a lower request the interest bend will move to one side diminishing the financing cost and amount

5 0
3 years ago
Assuming a​ 1-year, money market account investment at 4.83 percent​ (APY), a 3.55​% inflation​ rate, a 25 percent marginal tax​
Anton [14]

Answer:

Explanation:

Rate of return = 4.83%

inflation rate =3.55 %

marginal tax bracket = 25 %

after tax rate of return = 4.83 ( 1 - .25 ) = 3.6225 %

after tax inflation rate = 3.55 (m 1 - .25 ) = 2.6625 %

real rate of return =  [ (1+3.6225% /1+ 2.6625%)  - 1 ] x 100

= .0093 x 100 = .93 %

Total monetary return =  30000 x 3.625 %

= 1087.5

Rate of return is more than rate of inflation , for short term perspective staying invested in money market investment is good option . Real rate of return is not negative at least .

4 0
4 years ago
Wassonâs Classic Cars restores classic automobiles to showroom status. Budgeted data for the current year are as follows.
vaieri [72.5K]

Answer: 71%

Explanation:

The Budgeted material loading charge was 84% of material cost of $1,268,000.

Yet the actual loading cost was $164,840 which means that actual loading cost percentage is:

= 164,840 / 1,268,000 * 100%

= 13%

Profit margin = Budgeted percentage - Actual percentage

= 84% - 13%

= 71%

7 0
3 years ago
Endless Summer Polymers in Redondo Beach, CA makes foam board blanks for surf boards. They are able to count the number of units
Tomtit [17]

Answer:

C-Chart  and  attributes

Explanation:

CA make a foam blanks board  for the surfing board so they count units numbers. They like use c-chart is an attribute control chart that is used with data collected in subgroups of similar size.

  • C-charts show how the measured process changes over time with the number of adaptations to an object or group of elements.
  • Non conformities is defect or events that occur within the exploited subgroup. They can be described as any non-existent attribute, but not, or should be, any feature that does not exist.
  • For example a scratch, dent, bubble, scar, missing button and tear are all irrelevant. C-charts are used to determine if the process is consistent and capable, as well as to monitor process improvement principles
4 0
3 years ago
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