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kumpel [21]
3 years ago
10

Which one of the following types of ownership termination allows each tenant to have a specific, divided portion (partition) of

the property exclusively?
Business
1 answer:
castortr0y [4]3 years ago
7 0

Answer:

Termination of Co-ownership by Partition

Explanation:

After intestate succession partakes in possession by a set of people, they become tenants in general . she does not, then when she goes, her share transfers to her descendants.

  • Each tenant in common may terminate his or her co-ownership by a legislative action termed a partition. In a partition action, the judge will attempt to physically split the estate among the co-owners in percentage to their corresponding additional shares.
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Assume that the following events occurred at a division of Generic Electric for March of the current year:
stiks02 [169]

Answer:

Transferred in Manufacturing Costs $ 32,000,000

Transferred out $ 20,800,000

Ending Balance $ 11,200,000

Explanation:

Generic Electric

Material Purchases   $ 15,000,000

Transferred to Work in Process = 10,500,000

Direct Labor                $ 8,000,000

Manufacturing Overhead $ 13,500,000

Total Manufacturing Costs  $ 36,500,000

Transferred in Manufacturing Costs $ 32,000,000

Completed 65 % of $ 32,000,000=$ 20,800,000

Transferred out $ 20,800,000

Ending Balance = $ 32,000,000-$ 20,800,000= $ 11,200,000

5 0
3 years ago
Lisa Frees and Amelia Ellinger have been operating a catering business for several years. In March, the partners plan to expand
melisa1 [442]

Answer:

See explanation

Explanation:

See the image below to get the appropriate answer:

3 0
3 years ago
Consider Mandy’s decision to go to college. If she goes to college, she will spend $20,000 on tuition, $10,000 on room and board
Lera25 [3.4K]

Answer:

The correct answer is $42,000

Explanation:

Opportunity cost calculation.

If she goes to college, she will spend $20,000 on tuition, $10,000 on room and board, and $2,000 on books.

If she does not go to college, she will earn $18,000 working in a store and spend $8,000 on room and board

The formula is : (spend on tuition+ (spend of room and board, if she goes - spend of room and board, if she doesn´t go) + spend on books) + (the cost that she will receive, if she decides to not go).

($20,000 + ($10,000-$8,000) + $2,000) + ($18,000 if she goes, she won´t receive "opportunity cost")  

=$20,000 + $2,000 + $2,000 + ($18,000)

=$24,000 + $18,000

=$42,000

Mandy’s cost of going to college is $42,000

6 0
3 years ago
Lincoln Corporation used the following data to evaluate their current operating system. The company sells items for $ 12 each an
bezimeni [28]

Answer:

The static budget variance of​ revenues is 36000 Unfavorable

Explanation:

Lincoln Corporation

Static Budget Variances

                                  Actual               Budgeted              Static Budget

                                  Units sold         Units sold                Variance

                               42,000 units          39,000 units

Sales Price               $ 12                        $ 12

Revenues               504000                 468000              36000 Unfavorable

Variable costs         $ 168,000            $ 158,000           10,000 Unfavorable

Fixed costs           $ 46, 000               $ 48,000              2000 Favorable

The Static Budget Variance is calculated by subtracting the budgeted amounts from the actual amounts.

In a static budget the actual amounts are not changed for different activity levels. Instead the actual is compared with the budgeted so that exact variance is obtained for an organization.

7 0
3 years ago
Hello guys I'm Filipino ​
zlopas [31]

Answer: Nice, today is my birthday :D

Explanation:

I’m mexican :)

4 0
3 years ago
Read 2 more answers
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