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aivan3 [116]
3 years ago
5

A written promise to pay certain sum of money to another person or company is a

Business
2 answers:
scoundrel [369]3 years ago
6 0

Answer:

Liability (Promissory note payable)

Explanation:

A liability is a present obligation of an entity as a result of a past event for which future economic benefits will flow from the entity.

The writing of a promise to pay is the past event that will result in the outflow of resouces(cash) at a future date. However, the obligation to pay is present.

const2013 [10]3 years ago
5 0

Promissory Notes Receivable

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Danaher Woodworking Corporation produces fine furniture. The company uses a job-order costing system in which its predetermined
sukhopar [10]

Answer:

a. Calculate the predetermined overhead rate based on capacity.

  • predetermined overhead rate = $26,190 / 279 hours = $93.87 per hour

b. Calculate the manufacturing overhead applied.

  • applied manufacturing overhead = $93.87 per hour x 240 hours = $22,528.80 ≈ $22,529

c. Calculate the cost of unused capacity.

  • cost of unused capacity = (279 hours - 240 hours) x $93.87 per hour = 39 x $93.87 per hour = $3,660.93 ≈ $3,661

or

  • $26,190 - $22,529 = $3,661
3 0
3 years ago
The management approach of _____ was one of the first to recognize that enriching the lives of organizational and community fami
Flauer [41]

Answer:

Spaulding

Explanation:

  • Spaulding may be used to refer to the material. 1 People; 2 locations; 3 other uses; 4 See, too.
  • Spaulding Group offers advisory services for housing development and property development.
  • Under these types of firm people is hire who have good knowledge of property and real estate.
  • These people help and advise other people who want to purchase real estate.

6 0
3 years ago
_____ power derives from a position of authority inside the organization and is sometimes referred to as formal authority.
julsineya [31]
The appropriate response is legitimate power. Legitimate power will be the power you get from your formal position or office held in the association's progressive system of an expert. For instance, the leader of a company has certain forces in view of the workplace he holds in the enterprise.
5 0
3 years ago
Cominsky Company purchased a machine on July 1, 2021, for $28,000. Cominsky paid $200 in title fees and county property tax of $
sammy [17]

Answer:

Deprecation base=$26,300

Explanation:

Given Data:

Cost of machine=$28,000

Tax=$125

Fees=$200

Shipping charges=$500

Paid to contractor to build and wire a platform for the machine=$475

Salvage value=$3000

Useful life = 6 years

Required:

Depreciation base of Cominsky's new machine=?

Solution:

Deprecation base=Acquisition Cost-Salvage Value

Acquisition Cost:

It is the cost which involves the buying of asset and making the asset to work. In our case:

Acquisition Cost=Cost of machine+Tax+Fees+Shipping charges+Paid to contractor to build and wire a platform for the machine

Acquisition Cost=$28,000+$125+$200+$500+$475

Acquisition Cost=$29300

Deprecation base=Acquisition Cost-Salvage Value

Deprecation base=$29300-$3000

Deprecation base=$26,300

5 0
3 years ago
The buyers of a good will want to purchase it as long as their willingness to pay for the good is
Anna71 [15]
If it is greater than or equal to the price.
hope this helps
6 0
3 years ago
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