In a product distribution franchise, franchisees act as dealers, retailers, or
Of the franchisor’s products.
Explanation:
There are different types of franchises that are based around a certain need of the firm or sometimes even the government on its sanction to provide a certain type of service in a franchise with the owners..
So it is to be seen that for a product distribution franchise too, that should be the case.
It is the case as the franchisees act as dealers, retailers or sellers of the products that are made inside the franchise or by the propitiate.
Answer:
Amount invested at 5.75% = $30,000
Amount invested at 7.25% = $14,000
Explanation:
Let the amount invested
at 5.75% = X
at 7.25% = Y
According to given condition
X + Y = $44,000 ( Eq 1)
and
0.0575X + 0.0725Y = $2,740 ( Eq 2)
By multiplying ( Eq 1) with 0.0575
0.0575X + 0.0575Y = $2,530 ( Eq 3)
By subtracting ( Eq 3) from ( Eq 2)
0.0725Y - 0.0575Y = $2,740 - $2,530
0.015Y = 210
Y = 210 / 0.015
Y = $14,000
X + $14,000 = $44,000
X = $44,000 - $14,000
X = $30,000
Check:
$30,000 x 5.75% + $14,000 x 7.25% = $2,740
$2,740 = $2,740
Answer:
Piece rate system
Explanation:
The piece rate system is the system in which the price is paid according to the units make or produced
Since in the question it is mentioned that the Janna sells handmade jewellery and her employees would paid a specific amount for each bracelet and necklace they developed irrespective of the time it takes so this represents the piece rate system
So the same is to be considered
Answer:
Price-earning ratio is 28.57 .
Explanation:
Price earning is a ratio widely used by common stock holder in stock market. The ratio is used to measures share price in relation to earning per share. The ratio tells us years require to recover amount spend on acquisition of share.
Detail calculation is given below.
Sales $ 5,600 -A
Net profit $ 168 -B
EPS $ 0.042 -B/4000
Price-earning ratio = 1.2/EPS = 28.57
Answer:
d. Work in Process Inventory and Factory Overhead.
Explanation:
Direct labor is labor that is directly involved in the production process, for example a machine operator in a factory is supplying direct labor. So when recording direct labor we do so under work in process inventory as that is where the labour is applied.
Indirect labour is one that is not directly involved in the production process, for example office cleaners, building maintenance. Since their contribution is not directly impacting production, indirect labor is recorded under factory overhead.
