The ideal type of business would be the sole proprietorship, as it is a structure that is easy to start and manage.
<h3 /><h3>What is the sole proprietorship?</h3>
It is a simpler business structure, which is managed by an individual, who has the responsibilities for the business, that is, in this configuration there is no legal distinction between the company and the owner.
Therefore, the sole proprietorship is less bureaucratic, being able to close the business at any time, or change type as the business grows and requires greater responsibility.
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Color theory encompasses a multitude of definitions, concepts and design applications - enough to fill several encyclopedias. However, there are three basic categories of color theory that are logical and useful : The color wheel, color harmony, and the context of how colors are used.
Color theories create a logical structure for color. For example, if we have an assortment of fruits and vegetables, we can organize them by color and place them on a circle that shows the colors in relation to each other.
Answer:
The amount of cash collections from customers reported by Alex company for the year ended December 31, 2018 is $4,125,000.
Explanation:
Cash collection refers to the collection of cash from from an individual or a business whom invoice has been issued to. Any invoice unpaid are noted as being outstanding.
Cash collection fomular is therefore;
Cash collection = Sales on account + Cash sales + Decrease in accounts receivable
=$2,100,000 +$1,110,000 + $915,000
=$4,125,000
Answer:
The standard hours allowed for October would be 5,400 hours
Explanation:
For computing the standard hours allowed for the October month, first, we have to compute the standard per hour unit which is shown below:
= Standard direct labor ÷ Number of units to be produced
= 6,000 ÷ 1,500
= $4
Now, in October month, the direct labor worked for the 1,350 hours and the standard price per unit is $4, So standard hours allowed is
= October direct labor hours × standard price per unit
= 1,350 hours × $4
= $5,400 hours