Answer:
The correct option is C,royalties
Explanation:
Royalties refers to payment received by the owner of patent from the individuals making use of the patented design or product as a reward for creativity and originality.
Profits are excess of revenue over costs of doing business overall
Receipts are inflows of cash and cash equivalents to the business either form sales transactions or from sources such as disposal of assets as well as issuance of shares.
Payoffs refers to the amount paid to an employee either upon retirement or on leaving a job
Answer:
<em>The answer is 72,000 Meters.</em>
Explanation:
From the question given, let us recall:
Moccasin Company produces cotton shirts. =12,000
The unit quantity standard = 6 meters
The quantity used actually was = 0.50 meters per shirt
The next step is to determine the quantity of cloth that should be used for the actual output of 12,000 shirts.
Quantity of cloth that should be used
= 12,000 * 6 meters cloth per shirt
= 72,000 Meters
Answer:
<u>Cost Of Goods Manufactured $ 133,000</u>
Explanation:
Peterson Company
Schedule for the cost of goods manufactured
For 2017
Direct Materials (opening Inventory) 21,000
Add Purchases 74,000
<u>Less Ending Inventory (23000)</u>
Materials available for Use 72,000
Add Direct Labor 22,000
Factory Overhead
Indirect Manufacturing Labor 17,000
Plant Insurance 7,000
Depreciation 11,000
<u>Repairs 3000 38,000</u>
132,000
Add Opening WIP 26,000
<u>Less Closing WIP 25,000</u>
<u>Cost Of Goods Manufactured $ 133,000</u>
Answer:
Long term debt requires a payout of cash within a stated time period.
Explanation:
When entering into a long term debt, there are terms and conditions like interest to be charged and payment terms so obviously there is an expected cash payout to repay the debt at a stated time period.
Answer:
Cover letters can also provide insight and explanation into sensitive information that your resume cannot, such as lapses in employment, career changes and layoffs.
Explanation: I put this as my answer and got it right. :)