Which are objects that fulfill the needs and wants of consumers?

The legal definition of "small business" varies by country and by industry. In the United States, the Small Business Administrat

tamaranim1 [39]

Answer:

Leasing as a capital financing is an alternative for small business for three important reasons: better technology, better capital management and tax incentives.

Explanation:

1. Better technology for the business.

Instead of buying the equipment, a lease is a better option because allows the organization to use cutting edge technology for the operation of a business.

2. Better capital management.

Buying machinery is a capital-intensive activity. Leasing let use the same machinery by less amounts of money and invest capital in other useful activities for the organization.

3. Tax benefits

Leasing is tax deductible. Reducing the fiscal pressure over the small business.

6 0

3 years ago

Crich Corporation uses direct labor-hours in its predetermined overhead rate. At the beginning of the year, the estimated direct

Snezhnost [94]

Answer:

$4,248 under applied

Explanation:

For computing the ending overhead amount we need to do following calculations which are shown below:

Predetermined overhead rate is

= Total estimated manufacturing overhead ÷ estimated direct labor-hours

= $516,368 ÷ 21,880 hours

= $23.6 per hour

Now

Actual overhead applied is

= $23.6 × 21,700 hours

= $512,120

Therefore,

Overhead under applied is

= Manufacturing overhead - Actual overhead applied

= $516,368 - $512,120

= $4,248 under applied

3 0

4 years ago

Chapter 7 1) Lincoln Corporation used the following data to evaluate their current operating system. The company sells items for

yuradex [85]

Answer:

A) $171,000 favorable

Explanation:

Static Budget variance is calculated by simply taking difference of budgeted values and actual values.

<u>Static budget Variance report of Lincoln Corporation</u>

Budgeted Actual Variance Status

Units sold 39,000 48,000 9000 Favorable

Revenue (@$19) $741,000 $912,000 $171,000 Favorable

Variable costs $152,000 $167,000 $15,000 Unfavorable

Fixed costs $50,000 $41,000 $9,000 Favorable

As Sales is increased by 9000 units and $171,000, the increase in sale is a favourable varince. So, correct option is A) $171,000 favorable.

5 0

4 years ago

An important feature of a job order cost system is that each job:_______.

sammy [17]

Answer:

D

Explanation:

it has it's own distinguishing characteristics ....Form used to record the cost chargeable to a specific job and to determine the total and unit cost of the completed job

6 0

3 years ago

identify the red flags that help an organization assess if it needs to clarify or reinforce its values.

tino4ka555 [31]

The red flags that help an organization to assess if it needs to clarify or reinforce its values includes:

when top leaders send mixed messages about what is important
when different individuals and subgroups have fundamentally
when the organization has values but does not practice them .

It refers to a warning or indicator that is suggesting that there is a potential problem or threat with a company's stock, financial statements, news reports etc. It may be any undesirable characteristic that stands out to an analyst or investor.

Hence, in this case a red flag has occurred when members lack understanding about how they should behave as they attempt to meet goals, when different individuals and groups have different value systems, when top leaders send mixed messages about what is important, when day-to-day life is disorganized, when members complain about the organization and when organization has values but does not practice them.