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pentagon [3]
2 years ago
9

lee, a maryland licensee, has a buyer client who asks for recommendations for home improvement contractors. lee gives her client

a list of recommended contractors, which includes the date that she last checked each contractor's license status on the maryland home improvement commission's website. at least how often must lee check the license status of the providers that she recommends?
Business
1 answer:
SpyIntel [72]2 years ago
5 0

Lee gives her client a list of recommended contractors, which includes the date that she last checked each contractor's license status on the Maryland home improvement commission's website. Lee must check the license status of the providers that she recommends yearly.

In Maryland, a contractor license is needed if you wish to work on domestic development tasks or do electric, plumbing, or HVACR work. Commonly, the license arrives 10 days after the utility is authorized. Our organization would love to recognize the requirements for a home development contractor to get licensed within the nation of Maryland.

Home improvement subcontractors may fit without a license whilst performing home improvements for an MHIC licensed contractor within the kingdom of Maryland. The regulation keeps offering that the best MHIC-certified contractors may input into contracts with homeowners to perform domestic improvement work.

All contractors who carry out home improvement, together with painters, in the state of Maryland, require a license. All candidates must display years of experience in home development, construction, or associated schooling.

Learn more about license here brainly.com/question/18611420

#SPJ4

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In a job order cost system, direct labor and factory overhead applied are debited to individual jobs. How are these items treate
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Answer:

The way the costs of direct labor and factory overhead applied are treated in a process costing system is different from their treatment in a job costing system.  In process costing system, they are debited to the Work in Process account.

The reason for this is that in process costing, costs are not directly attributable to individual jobs.  Instead, costs are accumulated in Work in Process before they are assigned to individual production units.

Explanation:

Job order costing system accumulates costs for individual jobs while a process costing system accumulates costs in the Work in Process account and then allocates the costs to individuals units of production.  The difference depends on the nature of the two systems and how possible it is to identify the costs and attribute them to individual jobs or units.

4 0
3 years ago
Leelanau applies overhead using a predetermined rate. What amount of overhead was applied to work in process last year
GuDViN [60]

Answer:

$138,500

Explanation:

The computation of the overhead applied is shown below:

As we know that

Cost of goods manufactured = Beginning WIP + Total manufacturing costs - Ending WIP

$323,000 = $10,500 + Total manufacturing costs - $19,000

So,  

Total manufacturing costs is

= ($323,000 + $19,000 - $10,500)

= $331,500

Now  

Total manufacturing costs is

= Direct materials + Direct labor + Overheads

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Overheads is

= ($331,500 - $115,000 - $78,000)

= $138,500

4 0
3 years ago
Which of the following is likely to INCREASE your monthly payment? Taking advantage of any special offers the dealership is prom
Elden [556K]

Answer:

b

Explanation:

4 0
4 years ago
Olinto Corp., an accrual-basis calendar-year C corporation, had no corporate shareholders when it liquidated in year 12. In canc
Tcecarenko [31]

Answer:

The correct answer is $16,000.

Explanation:

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So, we can calculate the amount of gain by using the following formula:

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By putting the value in the formula, we get:

Amount of gain = $12,000 + $20,500 - $16,500

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3 years ago
Information used to examine the profit margin management path comes from the retailer's income statement, which summarizes a fir
Lerok [7]

Answer:

Explanation:

question a) Total current assets plus the total fixed assets results in total assets.

question b) Net sales over total assets results in asset turnover.

question c) Net slaves minus cost of goods sold is equal to gross margin

question d) gross margin minus operating expenses is equal to net operating profits (before tax)

question e) Net profit before tax minus taxes is equal to net profit (after tax)

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