Answer:
b. minimum price that can be legally charged for a product or service
Explanation:
A price floor represents a minimum price that can be legally charged for a product or service. A price floor is the lowest legal price that can be paid in markets for goods and services, labor, or financial capital. There are many goods which have price floors imposed by the government; for example agriculture good. In an organizations, unions may also impose price floors which could be the minimum rates for the staff etc.
Answer:
2.95 minutes
Explanation:
For computing the takt time minutes per cycle, first we have to determine the available time which is shown below:
= Total work time - break time
= 358 minutes - 98 minutes
= 260 minutes
The 98 minutes is come from
2 × 19 minutes = 38 minutes
1 hour lunch = 60 minutes
Total break time = 98 minutes
Now the takt time minutes per cycle would be
= Total available time ÷ number of jobs in a day
= 260 minutes ÷ 88 jobs
= 2.95 minutes
In this problem, you are given the amount of direct materials
that was purchased by the company which is $6,184.
To record the purchase of the direct materials, the journal
entry would be:
Materials $6,184
Cash $6,184
To record the usage of the direct materials to production,
the entry would be:
Work in Process $6,184
Materials $6,184
<span>When a nation imports more than it exports, economists say it has a TRADE DEFICIT.</span>
Answer: a. $35000
b. $20000
c. $20000
Explanation:
a. The realized gain will be:
= Fair market value - Adjusted basis
= $55000 - $20000
= $35000
b. The basis for LLC Interest will be will be thesame as the adjusted basis which will be $20000
c. The LLC basis for the contributed property will be $20000 as it's the cost of the adjusted basis .
=