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Alina [70]
2 years ago
15

Direct labor and overhead costs incurred to change raw materials into finished products are known as

Business
1 answer:
san4es73 [151]2 years ago
5 0

Answer:

conversion costs

Explanation:

You might be interested in
Lindsay's company plans to release a new version of its signature television set. This television will have more advanced featur
allsm [11]

Answer:

D. product modification.

Explanation:

This is an example of <u>Product Modification</u> <u>which refers to the improvement of the existing products by making necessary changes </u>in terms of features, quality, etc,.The purpose of the product modification is to maintain existing demand, attract new users and to face the competitors effectively to increase the profits of the enterprise also as here Lindsay's company plans to release a new version of its signature television set having advanced features, including better sound quality and high definition to maximize its profits and defeat the competitors.

7 0
3 years ago
Two alternatives, code-named X and Y, are under consideration at Guyer Corporation. Costs associated with the alternatives are l
sergejj [24]

Answer:

It will be a financial disadvantage of Alternative Y over Alternative X

which menas, alternative X is better as their work is lower.

Explanation:

\left[\begin{array}{cccc}&X&Y&$Differential\\$Material cost&-43000&-62000&-19000\\$Processing cost&-47200&-47200&0\\$Equipment rent&-17800&-17800&0\\$Occupancy cost&-16800&-25100&-8300\\&&&0\\$Total&-16800&-25100&-8300\\\end{array}\right]

6 0
3 years ago
Thom owes $5,000 on his credit card. The credit card carries an APR of 17.3 percent compounded monthly. If Thom makes monthly pa
blagie [28]

Answer:

39 months

Explanation:

loan balance $5,000

APR = 17.3% compounded monthly / 12 = 1.44167% monthly interest rate

monthly payment = $170

if we use the present value of annuity formula:

PV = payment x ({1 - [1/(1 + r)ⁿ]} / r)

5,000 = 170 x ({1 - [1/(1 + 0.0144167)ⁿ]} / 0.0144167)

29.4118 = {1 - [1/(1.0144167)ⁿ]} / 0.0144167

0.42402 = 1 - [1/(1.0144167)ⁿ

1/(1.0144167)ⁿ = 0.57598

1.0144167ⁿ = 1 / 0.57598 = 1.73617

n log1.0144167 = log1.73617

n 0.00621639 = 0.2395926

n = 0.2395926 / 0.00621639 = 38.54 ≈ since the payments must be made in full months, we have to round up to 39 months

to check our answer:

PV = payment x ({1 - [1/(1 + r)ⁿ]} / r)

PV = 170 x ({1 - [1/(1 + 0.0144167)³⁹]} / 0.0144167)

PV = $5,044.36

6 0
3 years ago
Arkansas Corp. is preparing its statement of cash flows using the indirect method. It provides the following information about t
givi [52]

Answer:

C. ​$(44 comma 000​)

Explanation:

The computation of cash flow from investing activity is shown below:

Purchase of equipment for cash ($63,000)

Sale of equipment ($19,000)

Net cash flow from investing activity = - $63,000 + $19,000 = - $44,000

In this activity, the purchase of fixed assets should be negative as it is an outflow of cash whereas the sale of fixed assets should be positive as it is an inflow of cash.

7 0
3 years ago
Which financing is also known as “risk capital “
kipiarov [429]

Answer:

Mezzanine loans/financing

Explanation:

These are given out by financial organizations and are viewed as obvious hazard capital since they depend on long haul money streams. Hazard capital is otherwise called venture capital. There is a lot of hazard when another business begins or is extending. Organizations will utilize mezzanine credits/financing to fund these activities.

3 0
3 years ago
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