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Yuri [45]
2 years ago
10

Three types of patents available under U.S. law are: a. utility, regulatory, common law. b. design, packaging, invention. c. uti

lity, product, design. d. design, plant, utility.
Business
1 answer:
riadik2000 [5.3K]2 years ago
8 0

The three types of patents available under U.S. law are design, plant and utility.

<h3>What is patent?</h3>

A patent is an exclusive right granted for an invention, which is a product or a process that provides, in general, a new way of doing something, or offers a new technical solution to a problem.

It is the right from the federal government to produce and sell something for a certain number of years without anyone copying it.

Thus, option D is true as three types of patents available under U.S. law are design, plant and utility.

Learn more about patent here,

brainly.com/question/17273778

#SPJ1

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A company needs to locate three departments (X, Y, and Z) in the three areas (I, II, and III) of a new facility. They want to mi
dolphi86 [110]

Answer:

(A) $2,600

Explanation:

Please see attachment .

6 0
3 years ago
Direct labor and indirect labor are recorded, respectively, to:A. Factory Overhead and Goods in Process.B. Goods in Process and
alexgriva [62]

Answer: The correct answer is "D. Goods in Process and Factory Overhead."

Explanation: Direct labor: it is the labor consumed in the areas that are directly related to production. It is generated by the workers or operators of the company. It is part of the cost that is incorporated directly into the product. Therefore it is registered as goods in process.

Indirect labor: it is the labor consumed in the administrative areas of the company or that production staff that does not participate directly in the production of the good. As it is part of the cost that is indirectly incorporated into the product, it is considered factory overheads.

4 0
3 years ago
The Pennsylvania Turnpike is a tolled freeway running through the state of Pennsylvania. Motorists must pay tolls at various poi
slamgirl [31]

Answer: Private good

Explanation:

  According to the given scenario, the Pennsylvania Turnpike is classified the private type of good on the basis of given situation as private good is one of the type of goods that must be purchased by the customers due to its positive advantages or benefits.

The private goods are consumed by the customer in maximum amount in the market as it is one of the essential type of good as it is Rivalry and excludability.  

The following are some example of the private goods are as follows:

  • Food
  • Clothes
  • Fresh air
  • Knowledge

 Therefore, Private good is the correct answer.   

 

4 0
3 years ago
All of the following are true about time series methods EXCEPT a. they discover a pattern in historical data and project it into
motikmotik

Answer:

B. they involve the use of expert judgement do develop forecasts

Explanation:

A time series is a series of events that is spaced equally in time. It is a statistical technique used to identify a time based trend of events and them make forecast using data from the trend/time series.

Time series requires certain processes which include discovering of a pattern in the historical data, projection of the historical data into the future, assumption that the pattern will remain the same(constant) as the time goes by, etc.

In time series method, since historical data is the point of reference for making a forecast, no expert judgements is required to develop forecasts. This is because once the data of the series from the past has been taken and a trend/pattern has been identified, that becomes the basis for future forecasts.

Cheers.

8 0
3 years ago
During the current year, Elk Company incurred the following direct labor costs: January $40,000 and February $60,000. Elk uses a
Rom4ik [11]

Answer:

January Overheads are <u>under-applied</u> by $2,000.

Explanation:

When,

Actual overheads > Applied overheads we say overheads are under-applied.

Actual overheads < Applied overheads we say overheads are over-applied.

Where,

Applied overheads = Predetermined overhead rate × Actual Activity

Therefore,

Applied overheads (January) = 120% × $40,000

                                                = $48,000

Actual overheads (January) = $50,000.

Conclusion

It can be seen that from the above : Actual overheads : $50,000 > Applied overhead : $48,000, therefore overheads were under-applied.

Amount of under-applied overheads = $50,000 - $48,000

                                                             = $2,000

5 0
3 years ago
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