Answer:
b) $124
Explanation:
FIFO means first in, first out. Under this principle, goods that were purchased or produced earlier will be the first ones on sale.
The value of the goods sold in our case will be as follows.
The first ten items @ $10: 10X10 =$100
Two items to make [email protected] $12: 2x12=$24
Total cost: $100+$24= $124
Answer:
$1,524 underapplied
Explanation:
Predetermined overhead rate = Estimated Manufacturing Overhead ÷ Estimated Activity.
= $560,324 ÷ 22,060
= $25.40
Applied Overheads = Predetermined overhead rate × Actual Activity
= $25.40 × 22,000
= $558,800
<em>Where,</em>
Actual Overheads are $560,324 (given)
<em>Conditions :</em>
If Actual Overheads > Applied Overheads, we say overheads are under-applied and if Actual Overheads < Applied Overheads, we say that overheads are over-applied.
<em>Therefore ,</em>
In our case, Actual Overheads : $560,324 > Applied Overheads : $558,800. Overheads have been under-applied by $1,524 ($560,324 - $558,800).
Answer: These individuals must enter into a <u>limited partnership.</u>
When a partnership has at least one General Partner and one Limited Partner, the partnership is called a limited partnership.
The general partners bear all the risk of the partnership and are jointly and severally liable for the debts of the partnership.
The limited partner contributes funds, but in not involved in the management of the partnership.
As a result he is not personally liable for the debts of the partnership.
However, he is entitled to a dividend by virtue of his investment. The nature of this dividend is defined and the terms are spelled out clearly in the partnership agreement.
Answer: (A) Assistant project managers
Explanation:
The main role of the assistant project manager is that it basically assisting the project managers by coordinating, analyzing and planning the specific project.
The main responsibility of the assistant project managers is to supporting the given function of the project and execute the given project.
According to the given question, a typical project office is basically responsible for managing the large projects which include both the project manger and the assistant project managers.
Therefore, Option (A) is correct answer.
Answer:
"Become more intense
" is the right answer.
Explanation:
- Global or Economic competition seems to be on the market for several years with environmental regulations being reduced and that many markets liberalized.
- A commonly held view of intensified global competition is its impact on individuals' tendency to find employment or maintain their present employment.
So that the above is the correct approach.
