The correct answer is A.
Partnerships are at an advantage over a sole proprietorship in terms of raising money. While a sole proprietorship only has the money from the proprietor, a partnership has money from all of the partners.
Property taxes on manufacturing facility are classified as manufacturing
costs. Manufacturing cost is being defined as the overall cost from the
consumed resources in which are used when making a product that is to be laid
out and to be serve to the consumers.
Answer:
$ 43,135.67
Explanation:
The amount required today is the present value of the future expected amount in 11 years computed using the present value formula below:
PV=FV/(1+r)^n*m
PV=the unknown present value
FV=$76,000
r=monthly interest rate=0.43%
n=number of years=11
m=number of months in 1 year=12
PV=$76,000/(1+0.43%)^(11*12)
PV=$76,000/(1+0.43%)^132
PV=$76,000/1.761883042
PV=$ 43,135.67
Answer:
a. $190000.
Explanation:
begining WIP 164,000
Total cost added during the period <u> 486,000 </u>
total cost to be accounted for: 650,000
cost of goods manufactured <u> (460,000) </u>
ending Work In process 190,000
The ending WIP will be the cost of the unfinished goods.
The beginning and the cost added during the period, will be the total cost to be accounted for.
Then the cost of goods manufactured is subtracted as, these are transferred-out to finished goods.
