<span>The best option is to have internal auditors which provides
audits, evaluates and improves the control systems of the company. Internal
auditor is an employee of a company take charged with providing independent and
objective evaluations of the company finance and operational business activities.
Also report to the management on how to improve the structure and practices of
the company.</span>
Kosi will be counted as an unemployed because even though he is willing and able to work, he was out of employment due to a reason beyond his control.
Answer:
A. Partnership agreement
Answer:
Sell to ABC corporation.
Explanation:
Here we have two options which is either sell the farm to ABC for $500,000 today or sell it to XYZ for $530000 receivable after a year.
Option 1. Selling to ABC
The amount received $500,000
Investing it at 10% <u> $50,000</u>
Total Value of Investment at year end $550,000
Now Option 2. Selling to XYZ
The amount received <u>$530,000</u>
Total Value of Investment at year end $530,000
As the benefit to sell ABC is more than XYZ corporation hence its better to sell the farm to ABC corporation.
Answer:
Estimated manufacturing overhead rate= $34.57 per machine hour.
Explanation:
Giving the following information:
Acheson Corporation applies manufacturing overhead based on machine-hours.
Estimated manufacturing overhead $ 157,300
Estimated machine-hours 4,550
To calculate the estimated manufacturing overhead rate we need to use the following formula:
Estimated manufacturing overhead rate= total estimated overhead costs for the period/ total amount of allocation base
Estimated manufacturing overhead rate= 157,300/ 4,550= $34.57 per machine hour.