Answer:
The answer is: setting product prices high enough for the company to be profitable.
Explanation:
Production cost refers to the <u>cost that a company has incurred from the moment it manufactured its product, towards the delivery until it provided the product or service to the customers. </u>Part of this cost are the taxes that are imposed on the product or service.
So, in order to control costs, the production cost report is being used by managers in order to set product prices high enough for the company to be profitable.
or example, if the production cost is higher than the sale price of a product, then the company could either l<u>ower their production cost or set their product prices high enough in order to be profitable.</u> If they cannot do both, then they could stop producing the product or service.
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The process that Antonio is engaging to as he accepts the
offer of Canadian grocery of having to sell his American-made pasta in Canada is
exporting. This is a means of having to send out the services or goods to
another country.
Answer:
PV= $40,000
Explanation:
Giving the following information:
Perpetuity of $6,000 per year beginning one year from today is said to offer a 15% interest rate.
To calculate the present value, we need to use the following formula:
PV= Cf/i
Cf= cash flow
i= interest rate
PV= 6,000/0.15
PV= $40,000
Based on then information given his annual premium is $175,50.
<h3>Annual premium</h3>
Since he bought a life insurance policy of the amount of $135,000 his annual premium can be calculated as:
Annual premium per $1000 of coverage for a 35-year old = 1.30
Annual premium=Life insurance policy/1,000 ×1.30
Where:
Life insurance policy=$135,000
Let plug in the formula
Annual premium=$135,000/1,000×1.30
Annual premium= $175.50
Inconclusion his annual premium is $175,50.
Learn more about annual premium here:brainly.com/question/25280754
