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1 year ago

NAME 2 COSTS/DRAWBACKS OF SETTING UP A FRANCHISE?

Business

1 answer:

Lorico [155]1 year ago

4 0

The cost of everything and the problem of not knowing whether or not its going to succeed.

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Park, Inc. acquired 100% of Gravel Co.'s net assets. On the acquisition date, Gravel's accounting records reflected $50,000 of c

Akimi4 [234]

Answer:

The $400,000 should be a result of the acquisition of the in-process research and development activities

Explanation:

Intangible Assets: The intangible assets are those assets that cannot be seen or even touched. It is not tangible in nature

The example is goodwill, and intellectual properties like - patents, copyrights, trademarks, etc.

The recording of the intangible assets based on the fair market value i.e $400,000 instead of associated costs.

5 0

4 years ago

A company's unit costs based on 100,000 units are: Variable costs $75 Fixed costs 30 The normal unit sales price per unit is $16

Basile [38]

Answer:

Incremental profit = $30000

so correct option is a. $30,000

Explanation:

given data

Variable costs = $75

Fixed costs = 30

sales price = $165

to find out

incremental profit or loss from accepting

solution

we get here contribution per unit will be here as

contribution per unit = $165 - $75

contribution per unit = $90

now we get here loss on contribution for giving up regular sale that is

loss on contribution = $3000 × $90

loss on contribution = $270000

and

now we get Incremental contribution for special order will be

Incremental contribution = (135 - 75) × 5000

Incremental contribution = $300000

and

Incremental profit will be = $300000 - $270000

Incremental profit = $30000

so correct option is a. $30,000

8 0

3 years ago

You put half of your money in a stock portfolio that has an expected return of 14% and a standard deviation of 24%. you put the

irinina [24]

I got u need help or nah

7 0

3 years ago

In the year 2020, a divorced woman under age 50 collects $50,000 of alimony and child support as her sole source of income. The

NikAS [45]

The available options are:

A. No contribution can be made because the woman does not have earned income

B. A contribution of up to $6,000 is permitted, but the contribution is not tax deductible.

C. A tax deductible contribution of up to $7,000 is permitted

D. A tax deductible contribution of up to $9,000 is permitted

Answer:

No contribution can be made because the woman does not have earned income

Explanation:

Unlike in the previous years before 2019, concerning divorce agreements, alimony is now declared to be no longer deductible by the payor and at the same time is considered to be a tax-free income to the recipient. In essence, this indicates that alimony is no longer qualifies as earned income and therefore, cannot be utilized to fund an Individual Retirement Account.

Hence, in this case, since it is , year 2020, the correct answer is "No contribution can be made because the woman does not have earned income."

8 0

3 years ago

Holton Company has the following equivalent units for July: materials 20,000 and conversion 18,000. Production cost data are:

miskamm [114]

Answer:

$3.55; $3.13

Explanation:

Calculation to determine what The unit production costs for July are:

Using this formula

Unit product cost = (Beginning work in progress + Cost added) / Number of units

MATERIALS

Unit product cost=($8000+$63,000) / 20,000 units

Unit product cost=$71,000/20,000

Unit product cost=$3.55

CONVERSION

Unit product cost = ($3750+$52500) / 18,000

Unit product cost=$56,250/18,000

Unit product cost=$3.125

Unit product cost=$3.13 (Approximately)

Therefore The unit production costs for July are:$3.55; $3.13

6 0

3 years ago