Answer:
C. $143,300
Explanation:
The computation of the cost of goods sold is shown below:
= Cost of goods sold + over-allocated balance of manufacturing overhead
= $135,500 + $7,800
= $143,300
To find out the cost of goods sold, we added the cost of goods sold and the over-allocated balance of manufacturing overhead
We ignored the raw material inventory balance, work in process inventory balance, and the finished goods inventory balance as it is not relevant. Hence, we ignored it
Answer:
Net Income is $65,000.
Explanation:
According to given data
Revenue = $120,000
Expenses = $55,000
Net Income = Revenue - Expesnes
Net Income = $120,000 - $55,000
Net Income = $65,000
Net Income is $65,000.
As net income is calculated using Revnue and Expenses, In the presence of this data we will not consider thae value from the balance sheet.
Answer:
The correct answer to allocate the amount of cost would be allocated to the startminus up business is $56859
Lease rent allocated to startminus up business = $260000 × 12% = $31200
Allocation of overall costs of maintaining the space = $25659
Amount of cost allocated to the startminus up business = $31200 + $25659 = $56859
The correct answer is “are not considered when evaluating new proposals”.
Sunk costs are sums of money that have already been spent and cannot be recovered. For instance, a manufacturing business may have a range of sunk costs, such as the price of machinery, equipment, and facility lease payments.
<h3>Why is it known as a "sunk cost"?</h3>
In economics and finance, a cost that has already been incurred and which cannot be recovered is known as a sunk cost. Sunk expenses are viewed as bygone in economic decision-making and are not taken into account when determining whether to continue an investment project.
<h3>Why does sunk cost matter?</h3>
There is a barrier to entry when an industry has large sunk costs. If a company must invest a significant amount of money, it won't be able to recover.
To know more about Sunk costs, visit: brainly.com/question/20438089
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Answer:
the cost to repair your vehicle, as well as all damage to other vehicles involved in the accident.
Explanation:
A contract can be defined as an agreement between two or more parties (group of people) which gives rise to a mutual legal obligation or enforceable by law.
There are different types of contract in business and these includes: fixed-price contract, cost-plus contract, bilateral contract, implies contract, unilateral contract, adhesion contract, unconscionable contract, option contract, express contract, executory contract, etc.
A foreseeable damage can be defined as a any form of damage that the parties to a contract knew or took note of at the time when they were signing an agreement to the contract. Thus, it is the ability of an individual to reasonably anticipate the likelihood of damage or potential injury in a given circumstance such as an accident.
This ultimately implies that, foreseeable damages involves the ability of a reasonable individual to anticipate the potential results of his or her actions such as damage or injury to another person due to the refusal to repair a faulty car.
An example of foreseeable damages from a faulty repair of your car that led to an accident would be the cost to repair your vehicle, payment of hospital bill for the injured, including the damage to other vehicles that were involved in the car accident.
