Answer:
a. continue only if Eleni and Frey consent
Explanation:
A General Partner within a limited partnership organization manages the business and has unlimited personal liability for the debts and obligations of that firm/organization. Therefore if there are more than one then all decisions must be made in unison because it affects each member personally. So in this scenario if Derry Dies the partnership can continue only if Eleni and Frey both consent.
Answer:
Hie your question has missing information, i tried to look it up online but i could not find it.
Here below is some explanation on the g part of your question on the treatment of over or under applied overhead on the financial statements.
At the end of the reporting period, the entity compares its actual manufacturing overhead to its applied manufacturing overhead (used in determining product cost)
<u>under- applied or over- applied</u>
If actual manufacturing overhead > applied manufacturing overhead, the overheads are under- applied.
and
If actual manufacturing overhead < applied manufacturing overhead, the overheads are over- applied.
<u>reporting on the financial statements</u>
under- applied are added to the cost of sales in the trading account. this increases the costs of sales amount.
under- applied are deducted from the cost of sales in the trading account. this decrease the costs of sales amount
<em>Alternatively,</em>
under -applied overheads are allocated to inventory balances including cost of sales and added to the total of the balances as the end of the period.
and
over -applied overheads are allocated to inventory balances including cost of sales and deducted from the total of the balances as the end of the period.
Answer:
B.) Employer A will employ more capital than Employer B.
Explanation:
Answer:
52,210 units
Explanation:
Given that,
Projected sales = 51,800 machines
Estimated beginning inventory = 6,930 units
Desired ending inventory = 7,340 units
Sales = Beginning inventory + Production - Ending inventory
51,800 units = 6,930 units + Production - 7,340 units
51,800 units = Production - 410 units
51,800 units + 410 units = Production
52,210 units = Production
Therefore, the budgeted production (in units) for the year is 52,210.
Answer:
Rightward shift in PPC indicates either advancement of technology or increase in the availability of the resources. increase in resources or improvement in technology.