Answer:
a) Limited liability company
Explanation:
Considering the options given, as an advisor the form of business that I would recommend is: limited liability company that is a structure in which the owners are not responsible with their personal assets for the company's debts as the three owners are concerned about this risk.
I would not advise the other forms of business because the sole proprietorship is a firm that is run by one person, the general partnership is a structure in which two or more people agree to share unlimited liability which means that they share all their personal assets and are responsible for any debt the company has with them and the master limited partnership is a company that trades securities in the market.
Answer and Explanation:
The journal entry is shown below:
Overhead $4,700
Cost of goods sold $4,700
(Being overapplied overhead is closed)
Here the overhead is debited as it increased the expenses and credited the cost of goods sold as it decreased the expense
Answer:
Target markets are management and business students looking forward for employment and full year courses.
Explanation:
- The target market can be those who are working full time in the day and may also include the small and medium business owners that intend to provide some sort of online cloud computing set up for the college, and
- It may be the students that want to continue their higher education and pursuing a full degree. These may also include the off-campus students that are interested in doing professional courses.
Answer:
A personal skill is something that you have learned or aquired over your time of working or something you're specifically good at.
Explanation:
Hope this helps :))
Answer:
The minimum price is $6.8
Explanation:
Giving the following information:
Crane Company incurred the following costs for 88000 units: Variable costs $528000 Fixed costs 392000 Crane has received a special order from a foreign company for 3000 units. There is sufficient capacity to fill the order without jeopardizing regular sales. Filling the order will require spending an additional $2400 for shipping.
Because it is a special order and there is unused capacity, we will not have into account the fixed costs.
Unitary cost= (528,000/88,000) + (2,400/3,000)= $6.8 per unit
The minimum price is $6.8
