Answer:
Material cost + Labor cost are called ‘Prime Costs’
Labor cost + Overhead cost are called ‘Conversion Costs’
Explanation:
Prime cost is defined as material cost+Labor cost. All the material costs and labour costs are included in the definition of the prime cost.
Conversion cost is defined as Labor cost+ overhead cost. All the costs related to labor and overhead are included in the definition of Conversion cost.
Answer:
Cash value
Explanation:
Money accumulated in a permanent policy that the policy owner may borrow via a policy loan or receive if the policy is surrendered, refers to Cash Value.
Answer:
The cost price is the price you buy a product for. You need to compare the cost price to the selling price to know whether you got a profit or loss (did you make money or did you not).
If you don't know the cost price, you don't know whether you have a profit or loss. Of course everyone wants a profit (make money) so to determine a selling price the cost price is important.
<span>I have a virtual relationship with them.
I am in a virtual peer relationship because we dont communicate and contact ourselves physically. It is sustained via computer or online service, phones and tablets.</span>
Answer:
I think it would be Public university
Explanation: