Answer:
An advertising agency
Explanation:
An advertising agency is an agency that dedicates it's business to creating , planing , and managing all aspects of a client's advertising. It also specializes in promotions and marketing for its client.
Advertising can be carried out via websites, online and social campaigns, brochures, catalogs, direct mail, print ads, radio and TV commercials, and sales letters.
An advantage of an Advertisement agency is that it helps provide a creative environment that combines interesting activities with work, and great exposure too
Answer:
OPTION D: Direct Labor and Direct Material
Explanation:
Prime cost of a product is defined as the direct costs of producing a product including direct material costs and direct labor costs. Any other manufacturing overheads, indirect expenses and indirect materials/labor cost are not included in the calculation of PRIME COSTS
.
Prime Cost = Direct Material Cost + Direct Labor Cost
Therefore, OPTION D: direct Labor and direct materials is the correct definition of prime costs.
Answer:
<em>Cost per equivalent unit for conversion cost = $116.66</em>
<em> </em>
Explanation:
<em>Under the weighted average method of valuation, to account for completed units, it is assumed that the entire degree of work required to a complete a set of work is done in the period under consideration.So there is no separation of the completed units into opening inventory and fully worked.
</em>
To determine the cost per equivalent unit, we use the formula below:
<em>Cost per equivalent unit = $70,000/600</em>
<em> = $116.66</em>
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Answer:
This question does not include what you are required to do. I looked it up on the web and it is asking for the Internal rate of return (IRR)
Explanation:
Internal rate of return used in project evaluations is the rate at which the NPV of a project equals to zero.
You can solve for IRR using a financial calculator and the cashflow "CF " function. Key in the following inputs;
Initial investment; CF0 = -54,000
Yr1 cashflow inflow ; C01 = 27,000
Yr2 cashflow inflow ; C02 = 25,000
Yr3 cashflow inflow ; C03 = 20,000
Then key in IRR then CPT = 16.792%
Therefore, the Internal rate of return(IRR) for this equipment is 16.79%
