Answer:
Carryover basis
In a Type A merger, the basis of the assets and liabilities carries over to the surviving entity.
Explanation:
Answer:
a. estimate the amount to mitigate high impact and probable issues.
Explanation:
In project management, a contractor can be defined as an individual or organization that temporarily undertakes a project in order to create a unique result, product, and service.
A contingency is an amount of money which is added to the initial or standard cost estimate so as to cover risk exposure and any uncertainty.
When making contingency estimates, the contractor should estimate the amount to mitigate high impact and probable issues.
As a result of uncertainties that are peculiar to everything in life, most especially projects undertaken, it is very important and necessary that the contractor should set aside an amount of money to mitigate or lessen any high impact such as dwindling prices, miscellaneous, faults, repairs and other probable issues that may arise in the process of execution.
Answer:
C) Lease payments for office space
Explanation:
The fixed cost is the cost that remains fixed whether the production level changes or not
So as per the given choices, the option c would be selected i.e. lease payment made for office space as it would be independent with respect to the quantity generated also it would be paid even there is no production take place
Therefore the option c is correct
Answer:
$217,000
Explanation:
Begining Purchases Ending
Raw Materials $ 36,000 $ 69,000 $ 24.000
Work in Process $ 23,000 $ 17,000 $ 6.000
Finished Goods $ 37,000 $ 55,000 -$ 18.000
Direct Lab Costs $ 94,000 $ 94,000
Manuf Overhead $ 54,000 $ 54,000
Total
Raw Materials $ 81.000
Work in Process $ 6.000
Finished Goods -$ 18.000
Direct Labor Costs $ 94.000
Manufacturing Overhead $ 54.000
Costo of Goods Manufactured $ 217.000
