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3 years ago

Who had ideas that many workers of the industrial era followed?

1 answer:

5 0

Henry Ford was an inventor during the Industrial Revolution, who had ideas that many workers followed. In addition to inventing the Model T and revolutionizing the way Americans transported themselves, he also contributed by creating the assembly line. To mass produce a certain item in the most efficient manner, each worker specialized in making one part, and then would pass it along to the next worker, who would be specialized in making the next part, and so on and so forth.

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Riggs Company purchases sails and produces sailboats. It currently produces 1,200 sailboats per year, operating at normal capaci

faltersainse [42]

Answer:

It is more convenient to produce the sails in house.

Explanation:

Giving the following information:

Riggs purchases sails at $ 250 each, but the company is considering using the excess capacity to manufacture the sails instead. The manufacturing cost per sail would be $ 100 for direct materials, $ 80 for direct labor, and $ 90 for overhead. The $ 90 overhead includes $ 78,000 of annual fixed overhead that is allocated using normal capacity.

Because there will not be an increase in fixed costs, we will not have them into account.

Variable overhead= 90 - (78,000/1,200)= 25

Unitary variable cost= 100 + 80 + 25= 205

It is more convenient to produce the sails in house.

8 0

4 years ago

In one to two paragraphs, write an essay describing what needs to happen to make a start-up business successful. Use specific ex

uranmaximum [27]

At first you must be sure that your business will <span>produce a profit so you should check the market of the <span>supply and demand and make sure that you won't fold up. Also your business have to bring you joy and pleasure. You should like what you do - it is the main point. If you don't like what you do it will never work properly.</span></span>

8 0

4 years ago

An individual contracts for the purchase of 200 shares of $10 par common stock at a subscription price of $15. After making paym

Klio2033 [76]

Answer:

D) Credit paid in capital in excess of par on common, $400

Explanation:

The summary journal entry should be:

Dr Cash 1,200

Cr Common stock 800

Cr Additional paid-in capital in excess of par value 400

the subscriber paid $1,200 / $15 per stock = 80 stocks

par value = $10 per stock x 80 stocks = $800

additional paid-in capital = $5 per stock x 80 stocks = $400

4 0

3 years ago

Marin Industries had one patent recorded on its books as of January 1, 2020. This patent had a book value of $201,600 and a rema

konstantin123 [22]

Answer:

The patent should be reported at $302,400 on the December 31, 2020, balance sheet.

Explanation:

Remaining useful life in month of patent on January 1, 2020 = 8 * 12 = 96 months

Remaining useful life in month of patent on December 1, 2020 = 96 - 11 = 85 months

Amortization of book value of patent in 2020 = (Patent Book value / Remaining useful life in month of patent on January 1, 2020) * 12 = ($201,600 / 96) * 12 = $25,200

Amortization of legal cost in 2020 = (Legal cost / Remaining useful life in month of patent on December 1,, 2020) * 1 = ($127,500 / 85) * 1 = $1,500

Carrying amount of patent = Patent Book value + Legal cost = $201,600 + $127,500 = $329,100

Patent book value on December 31, 2020 = Carrying amount of patent - Amortization of book value of patent in 2020 - Amortization of legal cost in 2020 = $329,100 - $25,200 - $1,500 = $302,400

Therefore, the patent should be reported at $302,400 on the December 31, 2020, balance sheet.

8 0

3 years ago

As a project manager, what action can you take during initiation to avoid project disruption?

spayn [35]

The project's objectives, scope, and restrictions are typically determined during the beginning phase by a project sponsor working with a project manager. The project charter is then created.

What are two main actions in the initiation phase of a project?

The first stage in launching a new project is project initiation. You determine the project's purpose and the business value it will provide at the project start phase. Then, you use that knowledge to win support from important stakeholders.

Why is the process of initiation important?

Finding out why a project is needed and whether it is viable are the main goals of the start phase. Another crucial goal is to ascertain the project's requirements, which entails figuring out what the outcome will be, such as information, a prototype, a proof of concept, or a usable product.

Learn more about initiation phase of a project: brainly.com/question/23573613

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6 0

2 years ago