Here is the correct answer that would best complete the given statement above. In order for information to be meaningful, a firm’s accounting processes and procedures should be certified as accurate by acceptable accounting standards so companies hire BOOKKEEPER PRIVATE ACCOUNTANTS <span>to provide unbiased opinions about the accuracy of a firm’s financial statements. Hope this is the answer that you are looking for. </span>
Answer:
$24.21
Explanation:
Direct materials $8.20
Direct labor 8.30
Variable manufacturing overhead 1.2
Fixed manufacturing overhead (70% × $4.30 is avoidable) = 3.01
8.2 + 8.3 + 1.2 + 3.01 = 20.71
Relevant manufacturing cost = $20.71
$7.00 per unit ÷ 4 minutes per unit = $1.75 per minute
$1.75 per minute × 2 minutes = $3.5
$20.71 + $3.5
= $24.21
Answer:
3.55 years
Explanation:
The payback period is the length of time it takes for Beyer Company to recoup the initial investment of $370,000.
In other words, the number of years for the net cash flows of the project to equate the initial investment amount of $370,000 as shown in the attached excel file for Beyer company's payback computation
Answer: <em>Limited Liability Company</em>
Explanation:
Limited liability company also known as LLC is referred to as the United States specific type of private limited organization. It is referred to as a business structure or component that tends to combine or mix pass-through taxation for a sole proprietorship or a partnership with the tendency of a limited liability of an organization. A LLC is not an organization under the state law, it is referred to as a legal type of an organization that tends to provide a limited liability to the owners in several jurisdictions.