Power Industries has acquired a patent for $16,000. Its useful life is expected to be four years. When the company records the annual amortization it will
Increase amortization expense and decrease the specific intangible asset.
Answers
Power Industries paid $16,000 for a patent. Its expected useful life is four years. When the company records the annual amortization, the amortization expense rises while the specific intangible asset falls.
what is amortization?Amortization is the process of charging the cost of an asset to expense incrementally over its expected period of use, thereby moving the asset from the balance sheet to the income statement. It essentially reflects the use of an intangible asset over the course of its useful life. Amortization is most commonly used to gradually write down the cost of intangible assets with a finite useful life.How is amortization calculated?Companies typically calculate amortization using the straight-line method for accounting purposes. This method evenly distributes the cost of the intangible asset across all accounting periods that will benefit from it.
The amortization formula is as follows:
Capitalized Cost = Annual amortization expense / Estimated useful life
Power Industries paid $16,000 for a patent. Its expected useful life is four years. When the company records the annual amortization, the amortization expense rises while the specific intangible asset falls.
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Power Industries paid $16,000 for a patent. Its expected useful life is four years. When the company records the annual amortization, the amortization expense rises while the specific intangible asset falls.
what is amortization?Amortization is the process of charging the cost of an asset to expense incrementally over its expected period of use, thereby moving the asset from the balance sheet to the income statement.It essentially reflects the use of an intangible asset over the course of its useful life.Amortization is most commonly used to gradually write down the cost of intangible assets with a finite useful life.How is amortization calculated?Companies typically calculate amortization using the straight-line method for accounting purposes.This method evenly distributes the cost of the intangible asset across all accounting periods that will benefit from it.The amortization formula is as follows:
Capitalized Cost = Annual amortization expense / Estimated useful life
Power Industries paid $16,000 for a patent. Its expected useful life is four years. When the company records the annual amortization, the amortization expense rises while the specific intangible asset falls.
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Related Questions
Angela and Theresa visit a sporting goods store to buy a new set of golf clubs. Angela is willing to pay up to $750 for the golf clubs, Theresa is willing to pay up to $850. The price is $575, unfortunately, there is only one set of golf clubs available at the moment! True or false? Please explain
Answers
False.The statement is false because both Angela and Theresa are willing to pay more than the price of $575 for the golf clubs. Angela is willing to pay up to $750, which is higher than the price, and Theresa is willing to pay up to $850, also higher than the price
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Which is true about the workplace of Construction workers? It can change. It is never outdoors. It can be in an existing building. It is a desk.
Answers
Answer:
A
Explanation:
Click this link to view O*NET’s Tasks section for Municipal Firefighters. Note that common tasks are listed toward the top, and less common tasks are listed toward the bottom. According to O*NET, what are some common tasks performed by Municipal Firefighters? Check all that apply. directing traffic at accident sites analyzing evidence of criminal activity guarding crime suspects until they can be arrested searching burning buildings to locate victims rescuing victims from burning buildings and accident sites administering first aid and cardiopulmonary resuscitation to help injured people
Answers
Answer:
it's D E F
Explanation:
Answer:
i got abd on edg
Explanation:
FILL IN THE BLANK. ______ is when one party didn't meet the terms of the contract in the specified timeframe, and is now being required to do exactly what was agreed to in the contract.
Answers
Specific performance occurs when one party failed to fulfill the requirements of the agreement within the allotted timeframe and is now being asked to carry out the specifics of the agreement.
Specific performance is a legal remedy that compels a party to carry out a promise that they made in a contract. It is an equitable remedy that is available in certain situations where monetary damages may not be sufficient to compensate the injured party.
Specific performance is often used in cases where the subject matter of the contract is unique or where damages are difficult to measure. For example, if a seller breaches a contract to sell a one-of-a-kind piece of art, the buyer may seek specific performance to compel the seller to sell the artwork as agreed.
Overall, specific performance is a powerful tool in contract law that aims to ensure that parties fulfill their contractual obligations as agreed. However, it is not always available or appropriate, and other remedies such as monetary damages may be sought instead.
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there are ___ credit reporting companies
Answers
PLEASE PLEASE HELP ME!!
Entrepreneurs
An Wang
George Washington Carver
Samuel F. B. Morse
Margaret Hutchison Rousseau
Choose one entrepreneur from this list. Write about an innovative idea this entrepreneur had. Include details about the person who brought it into being and the contributions he or she made to our society. How did this entrepreneur embody one or more characteristics from the HUNT? Present your response in a clear, organized manner and cite specific examples. (4 points)
Answers
Explanation:
hinese-American computer scientist who came to the United States in 1945 to attend Harvard University. He held more than 35 patents. His developments were critical to advancing digital information technology that we depend on today. Wang Laboratories created one of the first desktop computers.
Madame C.J. Walker
was the first member of her formerly enslaved family to be born a free person. She was one of the first self-made African-American millionaires. She employed over 3,000 people at the height of her hair care products business. Madame C.J. Walker was an early entrepreneur in the beauty industry that today garners billions of dollars in annual sales.
Howard Schultz
grew up in a Brooklyn, New York housing project. It is because of him that Starbucks® has over 6,000 stores worldwide today. His drive and marketing skills have made the café latte a daily habit for many Americans.
James Cash Penney
began as a store clerk after graduating high school. A contemporary of Madame Walker, Penney launched the first chain of department stores in the United States, commonly known as "Penney's." Today Americans visit over 1,000 "Penney's" or peruse the mail order and online catalogs to purchase various household goods and clothing.
Samuel F.B. Morse
grew up in Massachusetts studying religion and art. Morse patented the telegraph in 1849. His invention paved the way for long-distance communication, reshaping America literally in terms of westward expansion, railroad safety, and business efficiency.
George Washington Carver
reshaped the American South from a society heavily focused on cotton agriculture to one that grew diverse crops and utilized crop rotation. He taught these techniques for 47 years at the Tuskegee Institute. In addition, he discovered a plethora of uses for peanuts that are in many products we use to this day.
Joseph A. Unaue
grew up in Bronx, New York, born to a Spanish father and Puerto Rican mother. His father founded Goya Foods®, distributor of Hispanic foods. Joseph and his brothers joined the family business and under Joseph's direction Goya Foods® became the largest U.S. Hispanic-owned food distribution company in the United States
Answer:
George Washington Carver
reshaped the American South from a society heavily focused on cotton agriculture to one that grew diverse crops and utilized crop rotation. He taught these techniques for 47 years at the Tuskegee Institute. In addition, he discovered a plethora of uses for peanuts that are in many products we use to this day.
Explanation:
George Washington Carver
(1864–January 5, 1943) was an American agricultural scientist and inventor who advocated for non-cotton crops and soil conservation practices. In the early twentieth century, he was the most prominent black scientist.Carver devised strategies to repair soils depleted by repeated cotton crops as a professor at Tuskegee Institute. He wanted poor farmers to produce additional crops like peanuts and sweet potatoes to supplement their income and improve their living conditions.105 food recipes using peanuts were included in the most popular of his 44 practical bulletins for farmers. Despite spending years creating and marketing a variety of peanut-based goods, none of them were economically successful.#SPJ2
ATP is a vehicle manufacturing company which purchases most of the component from suppliers all around the globe. To minimize inventory costs, management decided to use Economic Order Quantity to control its inventory level. KWP is ATP’s long-term supplier for tire, and they have agreed to strict delivery time and quality requirement. Based on the 202X budget, the following information was collected from production:1. Based on pre-order, ATP requires 5250 units of tire each month for the first 4 months of the year and 3625 units of tires each month for the remainder of the year. 2. The carrying cost per unit is R2 per year. 3. The cost per order is R1,000.
Answers
Economic Order Quantity is 7071 units to control its inventory level. The following variables are necessary to determine the economic order quantity: demand rate, setup costs, and holding costs.
What are EOQ and its formula?The following is the EOQ formula. EOQ equals the square root of [(2 times demand times ordering cost)/carrying charge]. Demand. The EOQ's assumptions state that the demand is unchanged. The measure of demand is how much inventory is used annually or how many units are sold annually.
Given,
Annual Requirement = 50,000 ( 5250 x 4 + 3625 x 8)
Carrying cost = 2 per year
Order cost = 1000 per order
Required to calculate EOQ =?
EOQ = square root of [(2 times demand times ordering cost)/carrying charge]
EOQ = √ 2 x 50000 x 1000/2
EOQ = √50,000,000
EOQ = 7071 units
Thus, the EOQ is 7071 units. Economic order quantity is crucial since it aids businesses in effectively managing their inventories. Without these inventory management strategies, businesses will frequently store excess inventory during times of low demand while holding insufficient inventory during times of strong demand. Missed opportunities result from either issue.
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Please hurry!!!!!Which of the following is not a method used by careful consumers?
Compare stores and prices on an item
O Look for bargain brands and bulk pricing
Make a shopping list
O Buy a random item that is offered on special discount, today only
Answers
Answer:
last option
Explanation:
I just know so
Answer:
the last option - this is a marketing technique used to give the customer a sense of urgency
How can ratio analysis be used to interpret financial statements?
Answers
In order to get insights into profitability, liquidity, operational effectiveness, and solvency, ratio analysis examines line-item information from a company's financial statements.
Ratio analysis allows you to compare one firm to another in the same sector or sector and track how one company has changed over time.
What is ratio analysis?Ratio analysis is a quantitative examination of the information included in the financial statements of an organization. Ratio analysis is the study or analysis of the line items included in the company's financial statements.
It can be used to evaluate a number of aspects of a business, including profitability, solvency, liquidity, and operational effectiveness.
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Which company owned the deepwater horizon oil platform?
Answers
The company which owned the Deepwater horizon oil platform was an offshore-oil-drilling company called Transocean.
The Deepwater horizon oil spill is recognized as the largest accidental ocean spill in history. This incident occurred on April 20th, 2010, when, the Deepwater Horizon Oil Rig exploded.
The rig was owned by oil-drilling company called Transocean, and was leased to BP oil company. The oil spill was caused by a surge of natural gas that blasted through the concrete core of the oil well.
Later, an underwater camera revealed that the oil well was leaking oil and natural gas onto the ocean floor which was 42 miles off the coast of Louisiana. By the time this news got out, an estimated 3.19 million barrels of oil had leaked into the Gulf of Mexico.
Hence, the answer was given and explained above.
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What is the hazard? Chris works for a city public works department. One hot afternoon the temperature outside reached 92 degrees. While Chris was shoveling dirt in a vacant lot, he started to feel dizzy and disoriented. He fainted due to the heat.
Answers
Answer: dehydration
Explanation:
Answer:
dehydration and heat exhaustion.
Explanation:
I hope this helps! :)
what holding period rate of return did an investor earn if an investor invested $1000 a year ago, and that investment is now worth $1,135? there were also cash payments received of $25 at the end of six months and $85 dollars at the end of the year.
Answers
The investor earned a holding period rate of return of 2.25%.
What is the holding period rate of return?To get holding period rate of return, we need to consider the initial investment, the final investment value, and any cash payments received during the holding period.
Given data:
Initial investment = $1,000Final investment value = $1,135Cash payments received = $25 + $85 = $110Total investment value = Initial investment + Cash payments received
= $1,000 + $110
= $1,110
Holding period rate of return:
= (Final investment value - Total investment value) / Total investment value
= ($1,135 - $1,110) / $1,110
= $25 / $1,110
= 0.0225225225
= 2.25%.
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Help me please ASAP.
Answers
your answer is D because i took the test a couple of days back
Why was agricultural sector declared as critical industry and exempt from the hardest lockdown regulations
Answers
Answer:
Kindly check explanation
Explanation:
Food production and consumption is critical and key to survival, no matter an established and generally accepted number of daily square meal of 3 is widely adopted. This gives a clue tgta, no matter a country's problem or issues they face, aspects which concerns food and generally agriculture would be treated preferentially. Following the outbreak and severe spread of the deadly virus, it became imperative that affected nations introduced critical measures to try and curtail its spread, stringent measures include ; restriction of movement, strict emphasis on social distancing, hence, the need to reduce the number of people on a particular site or work area, travel restrictions, among others. This restrictions had s here effect on the agriculture and the food supply chain and its effect was quickly very noticeable as people would eventually die of hunger if nothing was done. This prompted government to introduce exemptions and preference afforded to the agricultural sector ; such as keppibg trade channels open in other to facilitate food distribution, timely observation and monitoring of food crisis among others.
please help me with this match the column if i get perfect answer then i will give brainliest
Answers
Answer:
what do you need help on
Explanation:
You should not be descriptive when writing a business letter?
True
False
Answers
Answer:
False
Explanation:
In descriptive writing, the author uses details to express their ideas. They use words to evoke emotions and paint a picture of the message they are trying to convey.
A business letter should be brief, concise, and clear. The author of a business letter should use as few words as possible to put their message across. For this reason, descriptive writing is not good for business letters.
Answer:
false
Explanation:
The law of demand is based on the observation thatA) people are indifferent to price changeB) people buy more of a product when the price fallsC)people buy less of a product when the product becomes less fashionableD)stores go out of business if they lower price
Answers
The law of demand is based on the observation that people buy more of a product when the price falls.
What is represented by the law of demand?According to the Law of Demand, there is an intermediate correlation between a good or service's price and the amount of that product or service that customers are ready and capable of buying. In other words, consumers are less able and willing to buy a product as its price rises and vice versa.
What is an instance of the law of demand?Price increases, demand declines: In order to increase its selling earnings, a vehicle dealership decides to raise the cost of trucks. According to the law of supply and demand, fewer individuals will now purchase vehicles at this new, more expensive rate.
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Marisol receives total employee benefits that are 14. 5% of her gross annual pay. If Marisol has a gross annual pay of $50,000, how much in total employee benefits does she receive? a. $72. 50 b. $725 c. $7,250 d. $57,250 Please select the best answer from the choices provided A B C D.
Answers
The total employee benefits that Marisol receives can be calculated by multiplying her gross annual pay by the percentage of employee benefits. In this case, Marisol's gross annual pay is given as $50,000, and the employee benefits are 14.5% of her gross annual pay.
To calculate the total employee benefits, we multiply $50,000 by 14.5%:
Total employee benefits = $50,000 x 14.5%
= $50,000 x 0.145
= $7,250
Therefore, Marisol receives a total of $7,250 in employee benefits. The correct answer is option C.
To find the total employee benefits, we need to calculate 14.5% of Marisol's gross annual pay. This can be done by multiplying her gross annual pay ($50,000) by the decimal equivalent of 14.5% (0.145). By multiplying these values, we get the total employee benefits of $7,250.
In percentage calculations, it's important to convert the percentage to its decimal form before performing the calculation. This is done by dividing the percentage value by 100. In this case, 14.5% is divided by 100 to obtain the decimal equivalent of 0.145. Multiplying this decimal by Marisol's gross annual pay gives us the total employee benefits of $7,250.
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Which quality is a requirement In order for a destination to become a tourism destination area (TDA)?
A. should be accessible by road
B. should be in a developed country
C. should have a unique feature
D. should have a moderate climate
Answers
Co-generation system design exercise to reduce power consumption from the grid:
A sugarcane crushing and sugar refining plant requires around 30MW of power for normal operation during the peak crushing season of about 6 months. For the remaining period of the year, the requirement falls to 7.5 MW to maintain essential facilities and upkeep activities. The plant generates a residue which can be burnt to produce the steam equivalent of 25 MWe on an average throughout the year. Steam to electricity conversion is at 65% efficiency (35% electricity and 30% heat). Process steam requirement during the 6-month production season amounts to 7.5 MWe and during the non-crushing season 30% of the heat is recovered by a low-pressure electrical generator. It can be assumed that any electrical failures in the generators will not affect the steam throughput but will cause the electricity production to cease.
Since the sugar production process during the production season cannot stop, full redundancy is to be provided. Surplus generation is available for export to grid. Suggest an appropriate primary distribution system showing power import and export; internal generation and measures for redundancy at the incoming and primary distribution level. Select the ratings of transformers and generators required.
Assume the sugarcane plant runs at 22kV and the grid voltage is 132kV.
Answers
Install redundant generators, step-up transformer for grid power import, step-down transformers for internal distribution, and a well-designed primary distribution network to ensure reliable power supply and redundancy.
To design an appropriate primary distribution system for the sugarcane crushing and sugar refining plant, considering the power import and export, internal generation, and redundancy requirements, the following components and measures can be implemented:
Power Import and Export: Install a step-up transformer to increase the grid voltage from 132kV to the plant's operating voltage of 22kV. This transformer will enable the plant to import power from the grid during periods of low internal generation and export surplus power back to the grid when internal generation exceeds demand.
Internal Generation: Install a generator with a capacity of at least 30 MW to meet the power demand during the peak crushing season. Additionally, a generator with a capacity of 7.5 MW should be installed to cover the power requirement during the remaining period of the year.
Redundancy: To ensure full redundancy, duplicate generators should be installed for both the 30 MW and 7.5 MW capacity. This will provide backup in case of any electrical failures, ensuring continuous power supply during the production season and essential activities throughout the year.
Transformers: For the 30 MW generator, a step-down transformer can be used to lower the voltage from 22kV to the required level for distribution within the plant. Similarly, a step-down transformer can be used for the 7.5 MW generator.
Primary Distribution: The primary distribution network within the plant should be designed with appropriate switchgear, circuit breakers, and protective devices to ensure reliable and efficient distribution of power from the generators to various loads within the plant.
In summary, the primary distribution system should include a step-up transformer for grid power import, generators with duplicate capacity for internal generation, step-down transformers for distribution within the plant, and a well-designed primary distribution network to ensure reliable power supply and redundancy.
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HURRY I NEED HELP!!!
Does globalization (or global trade) provide an opportunity to the world (positive), or does it take advantage of local individuals and cultures (negative)? Explain in a CREW format.
Interviewer: I am here on a very crowded Wall Street with protesters chanting all around me…
Group of Protesters: People before profits! People before profits! People before profits!
Interviewer: Many of these folks are against the growth of global free trade. They believe free trade is to blame for increases in poverty, income inequality (lots of rich and lots of poor), and environmental damage in recent decades. They claim that the elimination of tariffs and other barriers to trade have simply allowed large, multinational corporations to move into and exploit (take advantage of) developing nations, while hurting many U.S. workers and families, too.
Protester 1 (wearing a “No More Sweatshops” T-shirt): The extreme expansion of capitalism and free trade has allowed large, multinational companies to exploit developing countries, and especially their poorest citizens who are often forced to work for less than $1.00 day. Many of the factories set up by these big companies are sweatshops– dirty, dangerous, and the pay is awful. We are here protesting for a ‘living wage’ for all foreign employees of U.S. corporations.
Union representative: I’m tired of these large, unfeeling corporations sending our good paying manufacturing jobs overseas to some factory where workers make $1.50 an hour, instead of letting Americans have those jobs…That’s what’s happening in the textile industry, the steel industry, and the auto industry, too. These are industries that built America and now our jobs are going to China or Mexico...
Interviewer: The other side of this global debate–you might call them free-trade advocates– argues that opening up markets and international borders to free trade has had all kinds of benefits for developing nations, as well as the United States and other industrialized nations. They cite data showing increased life expectancy, increased literacy (ability to read and write), more political freedom, and a reduction in the proportion of people living on less than $1.00 per day in the developing nations.
Manager: Evidence shows that the number of people living on $1.00 per day or less has decreased by 50% in the last 20 years, which was a period of rapid world economic growth, largely because of international trade. And the percentage of people who are malnourished (Starving) has dropped from 56% in the 1960s to only 10% today. Again, during a period of global economic growth, fueled by trade. Look, our corporation has a factory in Vietnam. Last year our factory there paid 2 times the local wage. That was a big step up for those workers, and it made sense for us, too, because it meant we could get the most productive local workers.
Shopper: Let’s also look at all of the different product choices we have. I can go into the grocery store and find different types of food from all over the world. We are limited in what we can produce and grow here in America, so having global trade gives us so many more options.
C- Claim (Globalization provides an opportunity to people throughout the world [or] Globalization takes advantage of local individuals and cultures around the world.)
R- Reason (It provides the opportunity because… [Or] It takes advantage of others because…)
E- Evidence (insert a quote from the reading to prove your positive or negative side)
W- Warrant (This quote shows how globalization is positive/negative because… We should/shouldn’t continue to trade with other countries of the world because...)
Answers
Answer:
In general, globalization has been shown to increase the standard of living in developing countries, but some analysts warn that globalization can have a negative effect on local or emerging economies and individual workers. Globalization is not new.
How is being good at communicating and collaborating and problem-solving important to having an entrepreneurial mindset
Answers
Answer:
Communicating and collaborating is the ability to clearly express ideas to an intended audience, including persuading others to work towards a common goal. Critical thinking is the key to a successful business, and being willing to find creative solutions even if it might mean more work will help your business greatly in the long run. In order to be creative and promote your business you have to know how to put yourself out there, and be social
A government adopts a more progressive rate on income taxes. According to
the table, which citizen is more likely to have higher taxes as a result of this
fiscal policy?
Citizens
Citizen A: A wealthy business owner
Citizen B: A poor farmer
A. Both citizens
B. Citizen B
C. Citizen A
D. Neither citizen
Answers
Answer:
C. Citizen A
Explanation:
Answer: option C.
Explanation:
citizen A
A. In the short run, the price of squeakykleen is $ g 2 and the quantity is 30. B. The efficient price of squeakykleen is $ 1. 50 and the efficient quantity is 40. C. What is the deadweight loss?
Answers
The deadweight loss is -2.5. Deadweight loss is a loss in total surplus that happens once the economy produces an inefficient amount.
We tend to check out an example of the govt. regulation costs, and terminated that a deviation from the equilibrium amount is what causes a deadweight loss.
Loss = .5* (P2 - P1) * (Q1 - Q2).
=0.5* (2-1.50)* (30-40)
=0.5* (0.50) * (-10)
=-2.5
The deadweight loss is -2.5.
A deadweight loss may be a price to society created by market unskillfulness, which happens once offer and demand are out of equilibrium. primarily employed in economic science, the deadweight loss will be applied to deficiency caused by an inefficient allocation of resources.
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A party can be discharged from a contract. Name eight ways thata party can be discharged.
Answers
A party can be discharged from a contract by impossibility of performance, breach of contract, rescission, frustration of purpose, operation of law and illegality.
1. Performance: The parties fulfill all the terms and conditions of the contract, and the contract comes to an end. A party is discharged from a contract when they have fully performed their contractual obligations.
2. Mutual agreement: Both parties agree to end the contract by mutual consent. Both parties may mutually agree to terminate the contract, thereby discharging their obligations.
3. Impossibility of performance: The performance of the contract becomes impossible due to unforeseeable events, such as war, natural disasters, or death of the parties involved.
4. Breach of contract: A party breaches the contract, and the non-breaching party can choose to terminate the contract. If one party breaches the contract, the other party can be discharged from their obligations.
5. Rescission: One party can request the court to rescind or cancel the contract due to misrepresentation, fraud, or mistake.
6. Frustration of purpose: The objective of the contract becomes meaningless due to unforeseeable events, such as a change in law or regulation.
7. Operation of law: The contract becomes illegal due to a change in the law, or the contract is declared void by the court. A party can be discharged by operation of law, such as bankruptcy, which makes it impossible for the party to fulfill their contractual obligations.
8. Illegality: If the subject matter of the contract becomes illegal or the contract itself is found to be against public policy, a party can be discharged from the contract.
By understanding these eight ways, you can better navigate the circumstances that may lead to a party being discharged from their contractual obligations.
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Under monopoly, the firm produces the output where ___________, and in perfect competition, the firm produces the output where _________. 1. P>MR=MC;P=MR=MC 2. PMR=MC
Answers
Under a monopoly, the firm produces the output where the price (P) is greater than both the marginal revenue (MR) and the marginal cost (MC). This means that the firm is producing at a point where it is charging a price higher than what it would charge in a perfectly competitive market. The reason for this is that a monopoly has market power and can control the price of its product. Therefore, it will produce at a lower quantity and charge a higher price, resulting in economic profits.
In contrast, in a perfectly competitive market, the firm produces the output where the price is equal to both the marginal revenue and the marginal cost. This means that the firm is producing at the point where it is making normal profits and there are no economic profits in the long run. The reason for this is that in a perfectly competitive market, there are many firms producing identical products, and no single firm has the market power to influence the price. Therefore, firms are price takers and will produce at a point where they are making normal profits.
In summary, the key difference between monopoly and perfect competition is that in a monopoly, the firm has market power and will produce at a point where it charges a higher price and produces a lower quantity, resulting in economic profits. In contrast, in perfect competition, the firm is a price taker and will produce at a point where it makes normal profits.
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Employees tend to stay with one company for their entire careers.
Please select the best answer from the choices provided
OTrue
OFalse
Answers
Answer:The answer would be true, unless the employee had to leave for personal reasons
Explanation:
sport-in corporation manufactured 10,000 golf bags during april. the following fixed overhead data pertain to march: actual static budget production 20,000 units 20,500 units machine-hours 5,100 hours 6,150 hours fixed overhead cost for march $250,000 $258,300 what is the amount of fixed overhead allocated to production?
Answers
$258300 would be the amount of fixed overhead cost allocated to production in this case.
What do you understand by fixed cost?
On the income statement, company expenses may be split down into direct, indirect, and capital expenditures. On the balance sheet, these expenses can be shown as short-term or long-term liabilities. The total cost structure of a company is made up of both fixed and variable costs.
Cost structure analysis comes in many forms, and it is used by cost analysts to examine both fixed and variable costs. Costs are typically a major determinant of overall profitability.
The term "fixed costs" refers to expenses that remain constant throughout time. Typically, schedules or business agreements create them. These are the fundamental expenses related to running a firm fully. Over the course of a contract or cost schedule, fixed costs remain constant after they have been defined.
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___________is/are responsible for managing the business of a corporation.
A. Investors
B.Shareholders
C.Incorporators
D.Organizers
E.The board of directors
Answers
E. The board of directors is responsible for managing the business of a corporation. Their primary duty is to act in the best interest of the company and its shareholders, ensuring its long-term success and profitability.
The board of directors is a group of individuals elected or appointed by the shareholders of a corporation. They are responsible for overseeing the management and operations of the company on behalf of the shareholders. The board sets corporate policies, makes strategic decisions, appoints executives, and ensures that the company is operating in the best interest of its shareholders.
While investors, shareholders, incorporators, and organizers play important roles in a corporation, they do not directly manage the day-to-day business operations. The board of directors holds the ultimate responsibility for managing the corporation and making key decisions.
The board of directors is entrusted with the responsibility of managing the business of a corporation. Their primary duty is to act in the best interest of the company and its shareholders, ensuring its long-term success and profitability.
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Which of the following are characteristics of a scarce resource?
Choose 1 answer:
Choose 1 answer:
(Choice A)
A
The supply of the resource exceeds the demand of the resource.
(Choice B)
B
There is a fixed quantity of the resource available but no demand for it.
(Choice C)
C
There is a demand for that resource with limited supply.
(Choice D)
D
There is limited supply of a resource with no demand for that resource.
(Choice E)
E
The resource has unlimited supply and limited demand.
Answers
There is a demand for that resource with limited supply are characteristics of a scarce resource. When the demand for a natural resource exceeds the supply, resource scarcity results, which causes the stock of those resources to decrease.
As a result of rising costs that make the demand resource less accessible to those who are least well-off, this might result in unsustainable supply growth and an increase in inequality. When there aren't enough resources to meet everyone's needs, there is scarce resource. Oil is among the most well-known instances of how resource scarcity affects the United States. Local gas prices will surely climb when oil prices around the world do.
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