Answer:
Direct material cost and Direct labor cost.
Explanation:
Manufacturing costs are divided into 2 groups;
- Prime Cost.
- Conversion Cost.
- Prime cost: It includes the costs which are directly related to the manufacturing of the product, i-e Direct material cost and direct labor cost. Direct material cost includes the costs related to the raw material of the product being manufactured. On the other hand, Direct labor cost includes the costs which are related to the labor working on the product, for example, the salary of the labor.
Answer: perceived relationship
Explanation:
An agent is referred to as someone who is given authority by the principal and acts in his or her behalf and the agent is also under the control of such person.
From the question, the principal is Bob while Betty is his agent. The relationship that exist in thus case is the perceived relationship which means that the third party that us, the tenants in thus case believe that an agent is authorised by the principal to do a particular work such as collection of rent in this case but in reality thus doesn't exist. They ate not meant to pay to the manager in this case but they acted based on their perception and since the principal didn't complain, they continued doing it.
Answer:
Option "D" is the correct answer to the following statement.
Explanation:
Given:
Stock basis at opening = $60,000
Ordinary income for the Taxable year = $22,000
Distribution receive = $35000
Computation of stock at the time of sales.
Stock at the time of sales = Stock basis at opening + Ordinary income for the Taxable year - Distribution receive
= $60,000 + $22,000 - $35,000
= $82,000 - $35,000
= $47,000
Answer:
True
Explanation:
The CPI results from the variation of prices in a market basket compared between 2 years and the inflation is the measure of the change in CPI in a series of time.
Answer:
Monopoly
Explanation:
What is Monopoly?
A market structure in which there is only one supplier of a product.
