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Orlov [11]
3 years ago
13

Tim owns a mobile home he wants to transform into real property. He attaches the mobile home to an approved foundation; records

a document reflecting that the mobile home has been affixed to an approved foundation system; and obtains a certificate of occupancy. Which step, if any, did Tim leave out?
Business
1 answer:
kotegsom [21]3 years ago
5 0

Answer:

The answer is: Tim forgot to get a building permit

Explanation:

In order to convert a mobile home into real property, these conditions must be met:

  • homeowner must obtain a building permit
  • the mobile home must be attached to a permanent foundation
  • homeowner must obtain a Certificate of Occupancy
  • you must have a record stating that the mobile home has been attached to a permanent foundation

Tim complied with three out of the four requirements needed to convert his mobile home into real property, but he forgot the first step.

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On June 15, Kersee Company sold merchandise on account to Eng Co. for $1,000, terms 2/10, n/30. On June 20, Eng Co. returns merc
Nookie1986 [14]

Answer:

The amount received on June 24 is $686

Explanation:

given data

sold  account = $1,000

terms = 2/10, n/30

returns merchandise = $300

to find out

amount of cash received on June 24

solution

we know here that payment is made within the discount period

that is discount period  =   10 days

so amount received will be here

amount received = sold  account  - returns

amount received = $1000 - $300

amount received = $700

and discount is here

discount = 2% of amount received

discount = 2% × $700

discount = $14

so

amount of cash received is = amount received - discount  

amount of cash received is = $700 - $14

amount of cash received is $686

8 0
3 years ago
Pinnocle Corporation has provided the following data from its activity-based costing system: Activity Cost Pool Total Cost Total
Lostsunrise [7]

Answer:

Product margin= $9,607.5

Explanation:

<u>First, we need to calculate the allocation rates:</u>

Assembly= 1,533,840 / 77,000= $19.92 per machine-hour

Processing orders= 91,065 / 1,950= $46.7 per order

Inspection= 139,788 / 1,980= $70.6 per inspection-hour

<u>Now, we need to allocate overhead:</u>

Allocated MOH= Estimated manufacturing overhead rate* Actual amount of allocation base

Assembly= 19.92*660= 13,147.2

Processing orders= 46.7*50= 2,335

Inspection= 70.6*10= 706

Total= $16,188.2

<u>Finally, the product margin for product S78N:</u>

Product margin= 430* (124.3 - 51.25 - 13.06) - 16,188.2

Product margin= $9,607.5

4 0
3 years ago
Why is it useful for organizations to think in terms of designing a mix of programs rather than choosing one overall compensatio
Andreas93 [3]

Answer with explanation:

It is better for companies to offer a mixture of compensation programs instead of only one since it attracts a major number of competent workers. Some employees might be very selective at the time of choosing a job according to the benefits they could receive. For instance, a high executive could prefer to start working in an "A" firm since they organization offers an attractive number of stock shares per year as part of the compensation program instead of working for firm "B" that is not even publicly listed.

7 0
3 years ago
How to archive older page on wayback archivemachine?
77julia77 [94]
I believe you have to search a URL of a website on the wayback machine search bar.

Then, you can browse the past-present years of how that website used to look like.

Hope this helps.
7 0
3 years ago
A strong brand can be an exceptionally powerful resource for competitive advantage by lowering ________, proxying _____ and insp
alexdok [17]

Answer: d). Search costs; quality; trust

Explanation:

A strong brand can be an exceptionally powerful resource for competitive advantage by lowering search cost, proxying quality and inspiring trust. Lower search cost and high quality will provide a competitive advantage to the firm over other brands offering similar product. Inspiring trust of the consumers on the brand will enable them to get a large consumer base. If the customers have faith or trust in our brand then they will not buy other brands even if they sell at a lower price.

Thus, the correct option is d, Search costs; quality; trust

3 0
3 years ago
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