<span>When a firm grants licenses internationally, it is giving foreign companies access to its trademarks, </span>technology and patents. Having your licenses and business become international is a huge gain for most businesses. When items go international, they have a larger market they can sell their products too, but there are also some risk to it as well. Allowing the foreign countries and companies to see how your products work inside and out benefit them while bringing in more profit to the international licensee.
Answer:
Debit Accounts Receivable, $225; credit Fees Earned, $225
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I think it’s C, please forgive me if I’m wrong
Answer:
Manufacturing overhead= $96,000
Explanation:
Giving the following information:
Utilities, factory $ 11,000
Indirect labor $ 30,000
Depreciation of production equipment $ 51,000
<u>The manufacturing overhead includes all indirect costs regarding production. </u>
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Manufacturing overhead= 11,000 + 30,000 + 51,000
Manufacturing overhead= $96,000
Answer:
Option (C) is correct.
Explanation:
Given that,
Data for December 2017,
WIP, beginning inventory 12/1/2017 = 22,500 units
Started during December = 76,700 units
Units Completed and transferred out 12/31/2017 = 72,300
Ending inventory 12/31/2017 = 18,400 units
Therefore,
Number of total spoiled units:
= (Beginning inventory + Started during December) - (Units Completed and transferred out + Ending inventory)
= (22,500 + 76,700) - (72,300 + 18,400)
= 99,200 - 90,700
= 8,500 units
