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STatiana [176]
1 year ago
11

which term is defined as the state government granting power, license, or real property to a private individual or individuals u

sing a land patent?
Business
1 answer:
insens350 [35]1 year ago
6 0

law on property rights is defined as the state government granting power, license, or real property to a private individual or individuals using a land patent

A property's legal ownership and permitted uses are governed by property right law. When it comes to land, it has been noted that theft is common. People who purchase properties often lose them to thieves when they are resold to someone else who is unaware that the property has already been sold to someone else. The property right law was established to stop this circumstance from occurring frequently so that the owner of a plot of land would have the legal right to claim ownership for it and use it for any purpose he desired without fear of it being taken by someone else.

To know more about property rights visit here :

brainly.com/question/17228951

#SPJ4

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) Offensive strategic moves involve all of the following except 38) A) pursuing continuous product innovation to draw sales and
Nesterboy [21]

Explanation:

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8 0
3 years ago
Murray Chemical Company refines a variety of petrochemical products. These data are from the firm’s Houston plant: Work-in-proce
Mandarinka [93]

Answer:

1. Using the Weighted-average method

Total equivalent units of a cost product = A + B * C

Where:

A = units transferred to the next department or finished goods (completed)

B = units in work-in-progress at the closing time of time period

C = percentage of completion with respect to the product

Equivalent units of Direct materials = 5,580,000 + (3,090,000 × 40%) = 6,816,000 gallons.

Equivalent units of Conversion = 5,580,000 + (3,090,000 × 60%) = 7,434,000 gallons.

2. Using the FIFO method  

Equivalent Units of Production = equivalent units to complete beginning inventory + units started and completed during the period + equivalent units in ending work in process inventory.

where;

Equivalent units to complete beginning inventory = units in beginning inventory × (100 percent − percentage completion of beginning inventory).

For Direct Materials;

Thus, Equivalent units to complete beginning inventory =

4,800,000 × (100 - 50%) = 2,400,000 gallons

Equivalent Units of Production = 2,400,000 + (5,580,000 × 40%) + 3,090,000 = 7,722,000 gallons

For Conversion;

Thus, Equivalent units to complete beginning inventory =

4,800,000 × (100 - 20%) = 960,000 gallons

Equivalent Units of Production = 960,000 + (5,580,000 × 60%) + 3,090,000 = 4,050,000 gallons

6 0
3 years ago
Read 2 more answers
Total 17500 shirts are produced and sold. The selling price is $22, variable cost per unit is $18 and fixed cost is $ 80000. If
scoray [572]

Answer:

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Explanation:

The basic theory illustrated in (Figure) is that, because of the existence of fixed costs in most production processes, in the first stages of production and subsequent sale of the products, the company will realize a loss. For example, assume that in an extreme case the company has fixed costs of ?20,000, a sales price of ?400 per unit and variable costs of ?250 per unit, and it sells no units. It would realize a loss of ?20,000 (the fixed costs) since it recognized no revenue or variable costs. This loss explains why the company’s cost graph recognized costs (in this example, ?20,000) even though there were no sales. If it subsequently sells units, the loss would be reduced by ?150 (the contribution margin) for each unit sold. This relationship will be continued until we reach the break-even point, where total revenue equals total costs. Once we reach the break-even point for each unit sold the company will realize an increase in profits of ?150.

For each additional unit sold, the loss typically is lessened until it reaches the break-even point. At this stage, the company is theoretically realizing neither a profit nor a loss. After the next sale beyond the break-even point, the company will begin to make a profit, and the profit will continue to increase as more units are sold. While there are exceptions and complications that could be incorporated, these are the general guidelines for break-even analysis.

As you can imagine, the concept of the break-even point applies to every business endeavor—manufacturing, retail, and service. Because of its universal applicability, it is a critical concept to managers, business owners, and accountants. When a company first starts out, it is important for the owners to know when their sales will be sufficient

7 0
2 years ago
Why does the moon have phases​
aleksandrvk [35]
The Moon has phases because it orbits Earth, which causes the portion we see illuminated to change.
6 0
3 years ago
Positive economics: a) makes recommendations designed to achieve certain goals. b) is based on value judgments. c) involves stat
amm1812

Answer:

C. Involves statements that can be proven true or false

Explanation:

Positive Economics includes objective statements, based on factual data, describing 'what actually is'. The statements describe economic issues & cause - effect relationship, can be tested or proved.

Eg : The inflation rate in India in 2019 was xyz %.

The statement is a factual data description of an actual economic issue, which can be tested.

7 0
3 years ago
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