1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
SVETLANKA909090 [29]
3 years ago
6

Which of the following is an advantage of a sole proprietorship?

Business
1 answer:
tigry1 [53]3 years ago
5 0
He control his profits en his expenditure without interference
You might be interested in
Macy Corporation's relevant range of activity is 4,000 units to 8,000 units. When it produces and sells 6,000 units, its average
denis23 [38]

Answer:

$12.35

Explanation:

Given that,

Direct materials = $ 4.95

Direct labor = $ 3.25

Variable manufacturing overhead = $ 1.45

Fixed manufacturing overhead = $ 4.20

Fixed selling expense = $ 1.05

Fixed administrative expense = $ 0.60

Sales commissions = $ 1.00

Variable administrative expense = $ 0.50

Selling price = $23.50 per unit

Total Variable cost:

= Direct materials + Direct labor + Variable manufacturing overhead + Sales commissions + Variable administrative expense

= $4.95 + $3.25 + $1.45 + $1.00 + $0.50

= $11.15

Contribution margin per unit:

= Selling price per unit - Variable cost per unit

= $23.50 - $11.15

= $12.35

4 0
3 years ago
The Polishing Department of Marigold Company has the following production and manufacturing cost data for September. Materials a
vfiekz [6]

Answer and Explanation:

According to the scenario, computation of the given data are as follow:-

A).Total Process Unit = Opening Inventory + Started Units During the Period

= 1,740 + 46,900

= 48,640

Transferred Unit Out = Total Process Unit - Closing Inventory Units

= 48,640 - 7,800

= 40,840

Particulars             Material cost  Conversion cost  

Transferred unit out 40,840         40,840

Add: Work in process 7,800 × 100% = 7,800 7,800 × 10% = 780

Equivalent units of production 48,640 41,620

b).Total Material Cost = Opening Inventory of Material Cost + Material Cost Added in Polishing

= $22,100 + $221,100

= $243,200  

Material Cost Per Unit =Total Material Cost ÷ Material Cost Equivalent Units of Production

= $243,200 ÷ 48,640

= $5

Opening inventory cost for conversion = $37,103

During September added cost = $127,100 + $258,240 = $385,340

Total Conversion Cost = During September Added Cost + Opening Inventory Cost for Conversion

= $385,340 + $37,103

= $422,443

Conversion Cost Per Unit =Total Conversion Cost ÷ Conversion Cost Of Equivalent Units Of Production

= $422,443 ÷ $41,620

= $10.15

c. ) Unit Transferred Out in Process = Transferred Units Out × (Material Cost Per Unit + Conversion Cost Per Unit)

= 40,840 × ($5 + $10.15)

= $40,840 × $15.15

= $618,726

Material cost work in process = 7,800 × $5 = $39,000

Conversion cost work in process  = 780 × $10.15 = $7,917

Total cost of work in process = $46,917

3 0
3 years ago
Loans requiring periodic payments of interest and principle are referred to as
nikitadnepr [17]
They are referred to as installment notes
5 0
2 years ago
Lisa and lena own a shop together. they are partners in their business of 2 years. lisa is a designer; lena is a seamstress. lis
Ratling [72]
The agent of Lisa would likely tell her about the process and the rules in regards of the disability buy and sell insurance. The agent would likely explain that if she acquired this type, the insured person would likely be protected when the person has exhibit a disability and that having this type of insurance have benefits and are likely to be tax free.  
8 0
3 years ago
Which of these increases the price of certain foreign-made goods?
nexus9112 [7]

An import tariff would increase the price of certain foreign-made goods.

7 0
3 years ago
Read 2 more answers
Other questions:
  • It is known that roughly 2/3 of all human beings have a dominant right foot or eye. is there also right-sided dominance in kissi
    15·1 answer
  • An insurance contract must comply with the "Principle of Indemnity". Jarron's friend Nick, accidentally destroys Jarron's laptop
    11·1 answer
  • Grapes are a counted as an intermediate good only if they are used to produce another good such as wine. b. counted as an interm
    15·2 answers
  • Each of the following scenarios is independent. Assume that all cash flows are after-tax cash flows.
    11·1 answer
  • Explain the following statement: Marketing is more than just promotion.
    5·2 answers
  • Kit-N-Sit and Kittysitters are two cat-sitting services in Kent, Ohio. There are no other cat-sitting services, so the market is
    10·1 answer
  • Geo Co. purchased a building for $400,000. In addition, Geo paid $35,000 closing fees (including title and lawyer fees). Geo als
    11·1 answer
  • Below are the transactions for Ute Sewing Shop for March, the first month of operations.
    11·1 answer
  • What are the factors of production?
    10·1 answer
  • Question 7 of 10
    7·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!