Answer:
The statement is: True.
Explanation:
Sole proprietorships are businesses where the owner is the only individual in charge of the entity and the operations. This type of entity is easy to create and dismantle because there are not many regulations for them. The sole proprietor does not pay corporate taxes since the business income is included in the personal tax return the owner sends to the <em>Internal Revenue Service</em> (IRS).
<em>Sole proprietorships represented approximately 73% of businesses in the U.S. during 2011, according to the Census Bureau.</em>
The term by which individuals and businesses choose between the different use of available resources is called <u>allocating </u>and it is due to the concept of <u>scarcity</u>.
<h3>
What is Scarcity?</h3>
According to economics, Scarcity signifies that the demand for a product or service exceeds the supply of that product or service.
It is the underlying truth of existence that there is only a finite number of human and nonhuman resources for each economic product.
Therefore, Individuals and business corporations must choose between several uses for the available resources they have from the idea of <u>allocating </u>resources and due to the concept of <u>scarcity.</u>
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Learn more about scarcity here:
brainly.com/question/1088553
Answer:
The technician should perform a soft restore FIRST before trying other options.
Explanation:
Since it has been determined that the mobile carrier is not responsible for the issue, there is no need to verify data connectivity.
That would have been the first thing to do if it was a mobile carrier issue.
The other options could then follow if the soft restore does not solve the problem.
Answer: undeveloped country
Explanation:
Answer:
The total contribution margin for the month under variable costing is $103,360
Explanation:
<em>Variable Costing Considers only variable manufacturing costs in the calculation of product costs. Fixed Manufacturing Costs are regarded as period cost using this method.</em>
Sales ( $ 91 × 3,230 ) 293,930
Less Cost of Goods Sold
Opening Stock 0
<em>Add</em> <em>Cost of Goods Manufactured</em>
Direct materials ( $ 22 × 3,800) 83,600
Direct labor ( $ 32 × 3,800) 121,600
Variable manufacturing overhead ( $ 5 × 3,800) 19,000
Less Closing Stock ( $ 22+$ 32+ $ 5) × 570 ( 33,630) (190,570)
Contribution 103,360