False, the reason the prices raise is because of high demand. If people want a product they will buy it at a higher price.
In terms of smart financial planning, the reason why Christie makes changes to her budget <span>at the end of every month is because s</span>he is reviewing her goals at the end of every month and consequently, aligning the budget to work toward them.
Answer:
the overhead amount recorded is $139,500
Explanation:
The computation of the overhead amount recorded is shown below:
= Overhead application rate × direct material cost
= 155% × $90,000
= $139,500
Hence, the overhead amount recorded is $139,500
We simply applied the above formula so that the correct value could come
Answer:
The amount of net income reported in 2020 income statement would be $75,000.
Explanation:
Pretax accounting income for 2020 = $100,000
Income tax expense for 2020 = Current tax + Reversal of Deferred tax assets
= ($100,000 - $100,000)*25% + ($100,000*25%)
= $25,000
Amount of net income reported in 2020 income statement = Pretax accounting income - Income tax expense
= $100,000 - $25,000
= $75,000
Therefore, The amount of net income reported in 2020 income statement would be $75,000.
Answer:
Franchisee
Explanation:
A franchise business is a form of business arrangement where a business owners , who is known as the franchisor , sells the right to operate its business to another entity known as the Franchisee.
This business arrangement is legally binding an it gives right to the use of the business name , logo ,and model to third party retail outlet.
This explains the type of business arrangement that Sana is planning , considering the explanation given in the question.
