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3 years ago

Outside directors are defined as

Business

1 answer:

Westkost [7]3 years ago

8 0

Answer:

B) individuals on the board who are not employed by the board's corporation.

Explanation:

The outside director are those director who are not employee of the company they only receive their fee per meeting. These directors are also known non executive director. Their objective is to protect the interest of shareholders by supervising different fiction of business and ensure that shareholder's interest is safe.

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The Thomlin Company estimates that total overhead for the current year will be $16,000,000 and that total machine hours will be

anzhelika [568]

Answer:

d. $80 per machine hours

Explanation:

The computation of the overhead rate is shown below:

Overhead rate = Estimated total overhead cost ÷ total machine hours

= $16,000,000 ÷ 200,000 hours

= $80 per machine hours

The overhead rate is come by dividing the estimated total overhead rate by the total machine hours

All the other information that is mentioned is not considered. Hence, ignored it

4 0

2 years ago

Omega Company reported the following information for the company's two products: Product X Product Y Selling price per unit $ 35

Elena L [17]

Answer:

Omega Company

B) Product Y should be produced because it will produce greater total profit.

Explanation:

If only Product X is produced, the total profit it will produced is:

Selling price = $35

Variable Cost = $20

Contribution = $15

Total Contribution = $15 x 75,000/4 = $281,250

If only Product Y is produced, the total profit will be:

Selling price = $25

Variable cost = $15

Contribution = $10

Total Contribution = $10 x 75,000/2 = $375,000

Product Y therefore produces a greater total profit. This is because the fixed cost will remain the same if there are no avoidable elements.

5 0

3 years ago

Read 2 more answers

Quentin operates an ice cream franchise which has shops throughout the United States. CoolCream Co., the franchisor, supplies th

Masja [62]

Answer:

C. manufacturing or processing-plant arrangement.

Explanation:

According to my research on the different types of relationships between companies and their manufacturers, I can say that based on the information provided within the question this relationship is known as a manufacturing or processing-plant arrangement. Which is basically (liked described in the question) when a franchiser provides the individual stores with the ingredients necessary to run the store.

I hope this answered your question. If you have any more questions feel free to ask away at Brainly.

6 0

2 years ago

The Fluffy Feather sells customized handbags. Currently, it sells 18,000 handbags annually at an average price of $89 each. It i

MAVERICK [17]

Answer: $146,000

Explanation: $146,000

Sales = (Firms estimates x low-priced line) - (Higer-Priced line x Average Price)

(7,000 × $59) + (-3,000 × $89) = $146,000

8 0

3 years ago

On December 29, 2019, Patel Products, Inc., sells a delivery van that cost $20,000. The equipment had accumulated depreciation o

pashok25 [27]

Answer:

journal entry are given below

carrying value = $4000 and cash received is $2000

Explanation:

given data

delivery van cost = $20,000

accumulated depreciation = $16,000

Annual depreciation = $2,000

solution

journal entry are

date title debit credit

December 29, 2019 Cash $2000

Accumulated depreciation $16000

Delivery van $20000

note that

here carrying value is = $20000 - $16000

carrying value = $4000

and cash received is $2000

7 0

2 years ago