Answer: See explanation
Explanation:
a. Predetermined overhead rate will be:
= Administrative costs/Number of users
= 739,500/25,500
= $29 per user
Administrative costs applied to Toot will be:
= Number of users x Predetermined overhead rate
= 8900 x 29
= $258100
Administrative costs applied to Tix will be:
= Number of users x Predetermined overhead rate
= 16600 x 29
= $481400
b. For Toot
Revenue: $1,450,000
Less: Engineering cost: $402,500
Less: Administrative cost: $258,100
Profit = $789400
For Tix:
Revenue: $1,200,000
Less: Engineering cost: $521,875
Less: Administrative cost: $481,400
Profit = $196725
Answer:
C. Sale of goods on credit
Explanation:
The current liabilities refer to the financial obligations that a company has to pay within one year and it includes accounts payable, short term debt and wages payable. According to this, the answer is that the option that does not affect the current liabilities section of the balance sheet is sale of goods on credit.
<span>Answer:
the free-rider predicament
Even if one party fails to keep up its end of the bargain in a public area, others who are taking care of the resource may feel it is unnecessary to keep up their responsibilities because of free riders.</span>
Answer: The correct answer is "e. Products with a significant chip-based component rapidly fall in value and can cause huge losses when overproduced.".
Explanation: The statement "Products with a significant chip-based component rapidly fall in value and can cause huge losses when overproduced." is a valid reason for chip manufacturers to carry minimal inventory Since if you did not have a minimum inventory, you could incur large losses, as a result of a fall in the value of products with a chip-based component.