<span>If several years ago, the Jakob company sold a $1,000 par value bond that now has 20 years to maturity and a 7.00% annual coupon that is paid semiannually, then the after-tax cost of debt of the firm will be 4.65%.</span>
Answer:Internal recruitment
Explanation:
Internal recruitment happens When the company as a vacancy and looks with in its existing employees to fill the the vacant position. Hiring within the company has many because the company is hiring some one who is already familiar with culture and ethos of the company, he or she is also familiar with the procedures and operations of the company that reduces induction time and possible training time.
The costs associated with internal recruitment are significantly lower than the costs of recruiting externally for example, recruiting externally the company has to do background checks on the new employees and sometimes pay the the recruiting agency for their services. It also takes a long time to find a suitable candidate when recruiting externally because the company receives many applications which may result in an increase in admin costs associated with recruiting externally.
One major draw back of this recruiting strategy is that it leaves gaps within company work structure or work force. When employees are frequently changing position within the organization it may cause disruption in the function of the company
Answer:
Allocated join cost = $66,176.47
Explanation:
<em>The joint cost is allocated using sales. This is done by using the proportion of sales of the total which is attributed to the sales value of widget</em>
Total sales value of the three products=
(75 × 5,000) + ($50× 8,750) + ( $25× 10,000)= 1,062,500
Joint cost = $187,500.
Joint costs allocated to Widget
= (75 × 5,000)/1,062,500 × $187,500. = 66,176.47
Allocated join cost =$66,176.47
It should be noted that When calculating the cost of direct materials on the Schedule of Costs of Goods Manufactured,
The cost of indirect materials must be Subtracted from raw materials used in production.
<h3>What are Direct material costs ?</h3>
Direct material costs can be regarded as those cost of the raw materials as well as those components used in making the product.
Therefore, the cost of indirect material is required to be Subtracted from raw materials used in production.
learn more about Direct material cost at:
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