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Ket [755]
2 years ago
8

Which of the following is a similarity between a sole proprietorship and a partnership?

Business
1 answer:
r-ruslan [8.4K]2 years ago
7 0

The similarity between a sole proprietorship and partnership is that Both their earnings are untouched by the Internal Revenue Service

<h3>What is Sole proprietorship?</h3>

Sole proprietorship is a business Enterprise that is owned and run by an individual person.

The individual person is the risk taker.

<h3>What is partnership?</h3>

Partnership refer to any business Enterprise that is own and run by two or more people.

Therefore, The similarity between a sole proprietorship and partnership is that Both their earnings are untouched by the Internal Revenue Service.

Learn more about proprietorship from the link below.

brainly.com/question/375502

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What is the total manufacturing overhead for the current product order if the firm uses a plantwide rate based on direct labor-h
Vesnalui [34]

Answer:

$44,268

Explanation:

Calculation for What is the total manufacturing overhead for the current product order if the firm uses a plantwide rate based on direct labor-hours

First step is to calculate the Plant-wide Overhead Rate using this formula

Plant-wide Overhead Rate = Total Overhead / Total Direct Labor Hours

Let plug in the formula

Plant-wide Overhead Rate = $632,400 / 4,800 hours

Plant-wide Overhead Rate = $131.75

Now let calculate the total manufacturing overhead for the current product order

Using this formula

Current product order Total Manufacturing Overhead = Plant-wide Overhead Rate * Direct Labor Hours

Let plug in the formula

Current product order Total Manufacturing overhead= $131.75 *336 hours

Current product order Total Manufacturing overhead= $44,268

Therefore the total manufacturing overhead for the current product order if the firm uses a plantwide rate based on direct labor-hours will be $44,268

6 0
2 years ago
Which of the following would have no effect, either direct or indirect, on an organization's cash budget?
Black_prince [1.1K]

Answer: E. None of the above, as all of these items would have some influence

Explanation:

All of the options will be listed in the cash budget as they all have some influence in the the cash received (spent) by the company.

Sales revenue will be included as a cash inflow in the business whilst processional labor, advertising expenditure and raw material purchases will be cash outlays.

8 0
3 years ago
The actual cost of direct materials is $ 12.50 per pound. The standard cost per pound is $ 9.00. During the current​ period, 9 c
MArishka [77]

Answer:

$59,400 favorable

Explanation:

The computation of the direct material quantity variance is shown below;

As we know that

Direct material quantity variance is

= Standard Price × (Standard Quantity - Actual Quantity)

= $9 × (16,400 pounds - 9,800 pounds)

= $9 × 6,600 pounds

= $59,400 favorable

The favorable variance indicates that the standard quantity is more than the actual quantity and the same is to be considered

6 0
3 years ago
The Nellie Company has provided the following information: Operating expenses were $115,000; Gross profit was $629,000; Cost of
mrs_skeptik [129]

Answer:

A) $514,000.

Explanation:

Operating income = Gross profit - Operating expenses

Operating income = $629,000 - $115,000

Operating income = $514,000

6 0
2 years ago
While viewing a webpage for outdoor gear, Phil noticed a graphic display advertising skateboards at low prices. When he clicked
AURORKA [14]

Answer: This is an example of<em><u> "paid display" </u></em>type of Internet advertising

Paid display or pay-per-click advertising, is an effortless, inexpensive way to compass the right masses.

Here, When Phil clicked on the ad, it took him to a different website where the skateboards were listed for sale. Thus targeting the right audience with right ad.

5 0
3 years ago
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