Much more expensive to borrow the money. They make loans in at least the 100 million range and interest is a big cost of doing business. Interest rates go up, so does the cost of money needed to be borrowed. That's a real expense for a bank. It is even a large expense for a home homeowner.
The statement "If a balance exists in the temporary MOH account at the end of the period, it can be ignored for purposes of preparing the company’s financial statements" is False.
The manufacturing overhead (MOH) price is the sum of all the oblique expenses which can be incurred while producing a product. Its miles brought to the value of the very last product alongside the direct cloth and direct labor prices.
Manufacturing overhead is a cost listed below the cost of income, in this case, referred to as the price of products synthetic. It's far something of a trap-all term for the expenses needed to run the facilities to manufacture the business's products intended on the market.
Examples of MOH
- Electricity or gas is utilized in a manufacturing facility.
- Different utilities, inclusive of water and trash provider.
- Unexpected repairs.
- Supervisors or managers within the factory.
- Depreciation of a construction's value.
- Rent and assets taxes.
- Equipment depreciation.
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The correct answer is B because there are websites that list businesses for sale along with contact information for dealing.
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