Answer:
The item is identifiable and lacks physical substance.
Explanation:
Intangible asset: Intangible asset is that asset which cannot be seen or even touched. It has no physical existence.
Example: Goodwill, patents, trademarks, copyrights and other intellectual properties
In these types of assets, amortization is charged instead of depreciation.
It neither used for production, nor its gains any scientific or technical knowledge, and its value neither measure reliability
Hence, option a is correct
Answer:
Debit to cost of goods sold and credit to factory overhead
Explanation:
Here we are interested in knowing the appropriate journal entry when the factory overhead is under applied.
What happens to the factory overhead journal in this case is that the we should have an adjusting journal entry.
The adjusting journal entry here is that we debit cost of goods sold and credit factory overhead
The CEO of Big Wheel Automotive is using market research
organizations for secondary data about the research problem that he is
experiencing. The market research is a way of having to gather information in
which is helpful for an organization or business in order to improve their own
and a way of having to target their consumers.
Answer:
$153.01
Explanation:
For computing the monthly payment we need to apply the PMT formula i.e to be shown in the attachment
Given that,
Present value = $8,100
Future value or Face value = $0
RATE = 60 months = 5 years × 12 months
NPER = 5.04% ÷ 12 months = 0.42%
The formula is shown below:
= PMT(RATE;NPER;-PV;FV;type)
The present value come in negative
So, after applying the above formula, the monthly payment is $153.01
Answer:
The algebraic formulation of the constraint is 4X+2Y ≤ 100
Explanation:
The algebraic formulation of the constraint is shown below:
Given that
The number of hours taken per unit of x is 4 hours
And the number of hours taken per unit of x is 2 hours
And, the maximum hours available is 100
Now based on the above information
The algebraic formulation of the constraint is
= 4X+2Y ≤ 100
hence, the same is to be considered