Answer: Effective Managers.
Explanation:
An effective manager is a manager that delivers successfully on tasks that he is in charge of and is very good in decision making. Manuel is well known for his ability to meet his objectives set and accurate decision making.
Granval thinks a partnership will reduce his personal financial responsibility. this is true only if Granval is not a general partner.
General partnership is a type of business agreement which is made between two or more individuals who agree to share all the assets, profits as well as liabilities of the business.
Because of the simplicity and tax benefits in the general partnership, a general partnership is one of the most common legal business entities.
However, it's very important to consider that each partner is personally responsible for the business, including debts and lawsuits, and is held liable for the actions of their partners.
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Answer:
a) Manufacturing overhead applied to Work in Process for the month was $70,000
Explanation:
Data provided in the question
The total of the Manufacturing Overhead account = $58,000 i.e incurred
And, the total of credit to the account = $70,000 i.e applied amount
So according to the given data, the manufacturing overhead should be applied to the work in process with the total credit amount i.e $70,000
Hence, the first option is correct
Answer:
False
Explanation:
Within the relevant range of activities, total fixed costs remain constant and fixed costs per unit decrease as total output increases. Total variable costs vary depending on total output, but variable costs per unit should remain constant.
On a long term basis, all costs are variable, that is why it is important to consider the range of activities, i.e. output levels.
The answer is true because it need not coincide with the calendar of the week, but may begin on any day and at any hour of the day
