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3 years ago

Pennsylvania Company supplied the following information:

Business

1 answer:

V125BC [204]3 years ago

6 0

Answer:

$12,620

Explanation:

Cost of Direct materials of Job 99 = $70 x 100 = $7,000

Cost of Direct labour of Job 99 = $5 x 100 = $5,000

Overhead Expenses of Job 99 = $62 x 10 = $620

Total job cost for Job 99 = 7000 + 5000 +620 = $12,620

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Classify this form of business:

Viktor [21]

Answer:

Limited Liability Partnership / Limited Liability Company.

Explanation:

Limited Liability Partnership: A limited liability relationship is a company in which certain or all members have defined obligations, based on the law. Consequently, it can show collaboration and organizational features. Each partner in an LLP is not accountable or liable for any wrongdoing or incompetence of another party.

Limited Liability Company: A limited liability company is a management structure whose proprietors are not personally responsible for the obligations or responsibilities of the business. Limited liability corporations are hybrid organizations that combine a company's features with that of a partnership or sole business entity.

7 0

3 years ago

Sentoria is an island nation in the Pacific Ocean. Its geographical location is advantageous since it has access to a variety of

wolverine [178]

Answer:

B) Theory of national competitive advantage

Explanation:

The diamond theory of national competitive advantage was developed by Michael Porter. It states that a country must focus on the attributes and industries that allow it to outperform other competing countries.

In this case, Sentoria is in the middle of the Pacific Ocean, so its main industry should be related to seafood. What else could they export?

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4 years ago

Johnson Company manufactures a variety of shoes, and has received a special one-time-only order directly from a wholesaler. John

tia_tia [17]

Answer:

Addition to operating income by sepcial order is $22,500

Explanation:

As the fixed cost is covered by other production. It is not been accounted for in this order. It is an avoidable cost regarding this project.

Special order 15,000 pairs

Sale receipt = 15,000 pairs x $7.50 = $112,500

Variable cost = 15,000 pairs x $5 = $75,000

Gross Income = $112,500 - $75,000 = $37,500

Variable Selling Expense = 15,000 pairs x $1

Variable Selling Expense = $15,000

Operating Income = Gross Income - Variabe selling price

Operating Income = $37,500 - $15,000

Operating Income = $22,500

3 0

3 years ago

a. How can increases in government spending crowd out investment spending? An increase in government spending increases the use

Delvig [45]

Answer:

a. increases the real interest rate, which reduces private investment spending.

b. is not a major concern, because the Fed will likely lower the real interest rate when actual output is far below potential.

Explanation:

Increase in government spending means that the government would probably have to borrow money from the credit market. Because the government is so large, it will borrow in large amounts which would force rates to rise. At these higher rates, the private sector might find it too expensive to borrow money and so would be crowed out such that they reduce their investment spending.

When the economy is facing an output that is lower than potential, the Fed will engage in monetary policy aimed at reducing interest rates to improve investment spending. This therefore negates the effect of crowing out which means that it would no longer be a major concern.

4 0

3 years ago

Composing the First Draft with Effective Sentences Once you have researched, organized your information, and selected an organiz

marishachu [46]

Answer:

Subject: The presenter

Predicate: used visual aids to engage the audience.

Verb: used

Explanation:

These are the correct parts of the sentence. The subject of a sentence refers to the "what" or the "whom" that the sentence is about. On the other hand, the predicate is the part in which we say something about the noun. The verb refers to the action that is performed by the subject, and it is generally considered to be part of the predicate.

7 0

3 years ago