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1 year ago

___________________ usually have greater financial strength than do other forms of business organizations.

Business

1 answer:

KIM [24]1 year ago

6 0

Corporations usually have greater financial strength than do other forms of business organizations.

Commercial enterprise is the interest of making one's living or being profitable by using producing or shopping for and selling products. it is also "any interest or business enterprise entered into for earnings.

A commercial enterprise is described as a corporation or enterprising entity engaged in business, business, or expert activities. organizations can be for-earnings entities or non-earnings businesses. commercial enterprise sorts a variety from limited legal responsibility agencies to sole proprietorships, businesses, and partnerships.

The definition of business is a profession or trade and the acquisition and sale of services or products to make an income. An instance of enterprise is farming. An instance of commercial enterprise is a house sale.

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Faughn Corporation has provided the following data concerning manufacturing overhead for July:

creativ13 [48]

Answer: D. Manufacturing overhead was underapplied by $10,000; Cost of Goods Sold after closing out the Manufacturing Overhead account is $253,000

Explanation:

The Manufacturing overhead applied is less than the actual manufacturing overhead incurred by:

= 79,000 - 69,000

= $10,000

Manufacturing overhead is therefore underapplied as the amount applied is too low to cover the amount incurred.

The Cost of Goods sold after closing out is:

= Cost of goods sold before closing out + Underapplied manufacturing overhead

= 243,000 + 10,000

= $253,000

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3 years ago

Jumpin Corporation uses the percentminusofminussales method to estimate uncollectibles. Net credit sales for the current year am

Fudgin [204]

Answer:

The amount of Uncollectible Account Expense reported on the income statement will be: $ 64,800

Explanation:

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Percent of Sales method

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Un collectible estimated 3%

Un collectibles Accounts = 3% of $ 2 100,000, = $ 63,000

Unadjusted Allowance for Un collectible Accounts $ 1, 800 Dr.

Required Adjustment = $ 64,800

The amount of Un collectible Account Expense reported on the income statement will be: $ 64,800

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3 years ago

Who wants to trade on rocket league

Firlakuza [10]

Answer:

Explanation:

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3 years ago

Read 2 more answers

The local furniture store will purchase outdoor furniture only during the winter months because the manufacturer offers a better

xz_007 [3.2K]

Answer:

The correct answer is: seasonal discount.

Explanation:

Seasonal discounts are store offerings by which their products are sold at a lower price during specific periods due to changes in seasons. For instance, winter clothing tends to be cheaper during the spring or summer because most people do not purchase them during those seasons. Then, retailers lower the prices to boosts sales.

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3 years ago

A manufacturing firm has an annual demand of 300,000 units. Using its current operation, the firm pays $800,000 in annual fixed

Elodia [21]

Answer:

It is cheaper to make the units in-house by $300,000.-

Explanation:

First, we need to calculate the total avoidable production costs of making 300,000 units:

Total variable cost= 300,000*15= $4,500,000

Total avoidable fixed cost= 800,000 - 200,000= $600,000

Total production cost= $5,100,000

Now, the total differential cost of buying:

Cost of buying= 300,000*18= $5,400,000

It is cheaper to make the units in-house.

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3 years ago