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Amiraneli [1.4K]
2 years ago
12

Before opening his own business, Tanaka was writing a

Business
1 answer:
Len [333]2 years ago
4 0

This document is known as Business plan. A business plan stands as a formal written document including the objectives of a business, the strategies for attaining those goals, and the time frame for the attainment of the goals.

<h3></h3><h3>What is business? </h3>

Business exists as the activity of creating one's living or earning money by producing or buying and selling products. It stands also for "any activity or enterprise joined into for profit.".

A business exists described as an organization or enterprising entity encountered in commercial, industrial, or professional activities. Businesses can be for-profit entities or non-profit organizations. Business classes range from limited liability businesses to sole proprietorships, corporations, and partnerships.

A business plan stands as a formal written document including the objectives of a business, the strategies for attaining those goals, and the time frame for the attainment of the goals. Good business plans should contain an executive resume and sections on products and services, marketing strategy and research, financial planning, and a budget.

A business plan stands as a very significant and strategic tool for entrepreneurs. A good business plan not only allows entrepreneurs to focus on the specific actions essential for them to create business concepts succeed, but it also enables them to achieve short-term and long-term purposes.

To learn more about Business refer to:

brainly.com/question/18307610

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Jessep Corporation has a standard cost system in which manufacturingoverhead is applied to units of product on the basis of dire
Orlov [11]

Answer:

Standard fixed overhead rate

= Budgeted fixed overhead cost

  Budgeted direct labour hours

= $45,000

  15,000 hours

= $3 per direct labour hour

Fixed overhead volume variance

= (Standard hours - Budgeted hours) x Standard fixed overhead rate

= (12,000 hours - 15,000  hours)  x $3

= $9,000(U)

The correct answer is B

Explanation:

In this case, we need to calculate standard fixed overhead rate, which is budgeted fixed overhead cost  divided by budgeted direct labour hours. Then, we will calculate fixed overhead volume variance, which is the difference between standard hours and budgeted hours multiplied by standard fixed overhead rate.

8 0
3 years ago
The closing entry process consists of closing:A)all asset and liability accounts.B)out the Retained Earnings account.C)all perma
allochka39001 [22]

Answer:

D.) All the temporary accounts

Explanation:

The closing entry process closes or "zeroes out" the temporary accounts and transfer their balances to the retained earnings account.

Theses temporary accounts are closed or reset at the end of every year. Companies also call this as the closing of the books.

Temporary accounts includes:

1. Revenue & Gain Accounts

2. Expenses & Losses Accounts

3. Dividends & Withdrawal Accounts

4. Income Summary accounts (if used)

8 0
3 years ago
On April 16, 2018, Rodriguez Corporation reacquired 12,000 shares of its own $10 par stock for $660,000 cash. On November 4, 201
never [62]

Answer:

The answer is a) Credit to additional Paid In Capital: Treasury Stock Transactions of $10,000.

Explanation:

The repurchased price per share in April 16,2018 is equal to: 660,000/12,000 = $55 per share;

Thus, once the reissued of these 12,000 repurchased shared took place, common stock account will be credited at the amount equal to 55 x Number of share reissued. In case the reissued price is higher than $55, the surplus amount will be Credited into Paid-in Common share account to present the difference between cash receipt and common share recorded; in case reissued price is lower than $55, Retained earning account will be debited to present the difference between cash receipt and common share recorded

As a result, the reissued of share on November 4,2019 will include a $10,00 credited to additional Paid In Capital; calculated as (65-55) x 1,000 = $10,000.

6 0
2 years ago
Some of the benefits that Robix gives to its CEO and other top executives as a way to attract and retain talented individuals in
egoroff_w [7]

Answer:

Perquisites

Explanation:

Perquisites are added benefits attached tonan office or a position in addition to normal salaries and wages. It includes both direct and indirect benefits that an employee enjoys in addition to his or her normal salary. It is also called Perks for short and can include houses, cars and so on. In this case, the perks are given to top executives members and they include country club membership, vacation policies and chauffeurs.

4 0
3 years ago
The phone bill for a corporation consists of both fixed and variable costs. Refer to the​ four-month data below and apply the​ h
tatiyna

Answer:

$3,799

Explanation:

The total bill amount is

Before that The computation of the fixed cost and the variable cost per minute by using high low method is computed

Variable cost per minute = (High bill cost - low bill cost) ÷ (High minutes - low minutes)

= ($4,500 - $2,630) ÷ (480 - 160)

= $1,870 ÷ 320

= $5.84

Now the fixed cost equal to

= High bill cost - (High minutes × Variable cost per minute)

= $4,500 - (480 × $5.84)

= $4,500 - $2,803

= $1,697

Now the total bill would be

= Fixed cost + expected minutes × variable cost per minutes

= $1,697 + 360 × $5.84

= $1,697 + $2,102

= $3,799

4 0
3 years ago
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