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erica [24]
3 years ago
7

Shear-it, Inc., produces paper shredders. Shear-it is considering a new shredder design for home offices. The marketing vice pre

sident believes that a basic unit in a variety of attractive colors could be sold for $70. Shear-it requires that all new products yield 30% profit.
What is the target cost of the new shredder?

a) $21 b) $100 c) $91 d) $49 e) $63.70
Business
1 answer:
irina [24]3 years ago
6 0
I think the answer is A
Hope this helps:)!!!
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Ted's Manufacturing makes two products, B and C. They each take 2 direct labor hours and 2 machine hours to produce. A batch of
Delvig [45]

Answer:

a.

Explanation:

Based on the scenario being described within the question it can be said that the statement that is most likely true is that the product cost of product B will be higher under ABC than under traditional costing. This is because Activity-based costing (ABC) bases their overhead costs on the actual consumption by each while traditional costs  overhead is applied based on the amount of machine hours consumed. Therefore since product B is characterized as having lots of consumption then it's product cost will be higher under ABC costing.

3 0
3 years ago
Assume that a U.S. firm considers investing in British one-year Treasury securities. The interest rate on these securities is 12
MArishka [77]

Answer:

equal to the british interest rate

Explanation:

Data provided in the question

The Interest rate on these securities = 12%

In the U.S, the interest rate = 10%

Also the spot rate for today would become suitable for the spot rate

Based on the above information, the effective yield on the british securities would be equivalent to the british interest rate and hence the same is to be considered

7 0
2 years ago
Using the fixed-order quantity model, which of the following is the total ordering cost of inventory given an annual demand of 3
Gennadij [26K]

Answer:

E) $2,400

Explanation:

optimal order quantity = sqrt{(2*D*S)/H}

                                     = sqrt{(2*36,000*$80)/$4}

                                     = $1,200

number of orders per year = $36,000/$1,200

                                             = $30

total ordering cost = $30*$80

                               = $2,400

Therefore, The total ordering cost of inventory is $2,400.

3 0
3 years ago
The most noticeable difference between common-law and code-law systems is found in the laws governing _____.
Elis [28]

The laws governing intellectual property are where common-law and code-law systems most obviously diverge. 

<h3>What is intellectual property ?</h3>

The collection of intangible assets that a company or person possesses and is legally entitled to guard against illegal use or application by third parties is referred to as intellectual property.

The concept of intellectual property was developed on the premise that some works produced by the human mind should be afforded the same legal protections as material possessions.

Hence, the difference between common-law and code-law systems is found in the laws pertaining to intellectual property.

Learn more about Intellectual property here:

brainly.com/question/17348419

#SPJ1

6 0
1 year ago
Caddie Manufacturing has a target debt-equity ratio of .95. Its cost of equity is 11 percent, and its pretax cost of debt is 7 p
Zigmanuir [339]

Answer:

8.20%

Explanation:

Debt equity ratio = 0.95

or

Debt = 0.95 × equity

Cost of equity, ke = 11% or 0.11

Pretax cost of debt, kd = 7% or 0.07

Tax rate = 24% or 0.24

Therefore;

WACC = {Weight of equity × ke } + {Weight of debt × kd × (1-Tax rate)}

It is to be noted that ;

Weight of equity = Equity ÷ (Debt + Equity)

= Equity ÷ ( 0.95×Equity + Equity)

=1 ÷ 1.95

=0.513

Also,

Weight of debt = Debt ÷ ( Debt + Equity)

=0.95 × Equity ÷ ( 0.95 × Equity + Equity)

= 0.95 ÷ 1.95

=0.487

Hence,

WACC = {0.513 × 0.11} + {0.487 × 0.07 × (1-0.24)}

= {0.05643} + {0.03409 × 0.76}

= 0.0823384

or

0.0823384 × 100%

=8.23384

=8.20%

6 0
3 years ago
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