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2 years ago

Knowledge Check 01 How should the wages of a sheet metal worker in a fabrication plant be classified

Business

1 answer:

Juli2301 [7.4K]2 years ago

7 0

The wages of a sheet metal worker in a fabrication plant should be classified as Product cost.

<h3>What is a product cost?</h3>

A product cost includes all the costs directly related to the production of goods and services. Product costs include:

Direct materials
Direct labor
Manufacturing overheads

Thus, the wages of a sheet metal worker in a fabrication plant should be classified as <u>Product cost</u> because it is a direct labor cost.

Learn more about product costs at brainly.com/question/26194754

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) ________ are likely a fixed cost of a firm. A) Wages paid to employees B) The payments for supplies C) Lease payments for offi

aev [14]

Answer:

C) Lease payments for office space

Explanation:

The fixed cost is the cost that remains fixed whether the production level changes or not

So as per the given choices, the option c would be selected i.e. lease payment made for office space as it would be independent with respect to the quantity generated also it would be paid even there is no production take place

Therefore the option c is correct

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2 years ago

The Coffee Collective is seeking to identify customers who want a unique coffee drinking experience and are open to a loyalty re

hammer [34]

Answer:

market segment

Explanation:

We know that a market segment is a group of people who share one or more common characteristics, lumped together for marketing purposes.

In this example, The Coffee Collective is seeking to discover target customers who share particular coffee drinking habits and who are open to loyalty reward programs. Thus, they aim to find potential customers who share common characteristics.

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3 years ago

n the first two years your investment increases by 2.5% annually, in the third year it returns 12% but in the fourth year it goe

mote1985 [20]

Answer:

Ans. The average annual rate of return over the four years is 2.792%

Explanation:

Hi, first let´s introduce the formula to use

$r(Average)=\sqrt[n]{(1+r(1))*(1+r(2))*(1+r(3))+...(1+r(n))}-1$

Where:

r(1),(2),(3)...n are the returns in each period of time

n =number of returns to average (in our case, n=4).

With that in mind, let´s find the average annual return over this four years.

$r(Average)=\sqrt[4]{(1+0.025)*(1+0.025)*(1+0.12)+(1-0.07))} -1=0.022792$

Therefore, the average annual return of this invesment in 4 years is 2.2792%

Best of luck.

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2 years ago

Bryan Inc. produces a specialty top-quality juice machine. The product, the JM50, requires four processes to be completed. Speci

laiz [17]

Answer:

3,000,000 juicers

Explanation:

<em>Maximum numbers per workstation in 30 days: </em>

Exterior construction = 100,000*30 = 3,000,000

Pulp filter = 25,000*24/6*30 = 3,000,000

Painting = 3,000*24/0.5*30 = 4,320,000

Packaging = 5,000*24*30 = 3,600,000.

The lowest of the numbers above is 3,120,000 and that means that Bryan inc. can manufacture 3,000,000 juicers.

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2 years ago

The ________ budget is a component in a financial budget. A. budgeted income statement B. direct labor C. manufacturing overhea

serg [7]

Answer:

D. capital expenditure

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2 years ago