Answer:
franchise
Explanation:
A franchise tax refers to a government fee levied on a few companies like businesses and associations with a connection in the country by some US states. A franchise levy is not income-based. Somewhat, the classic estimate of a franchise tax is predicated on the individual's net value or capital.
According to the tax regulations in each jurisdiction, the level of a franchise tax in a particular state can vary widely. Many jurisdictions will determine the sum of franchise tax due on a basis of the assets of the company or net worth, whereas others will refer to the performance of the company's physical capital.
C, the month you’re born has noting to do with it and the done really pay attention to where you live!
The where’s the picture !!
Answer:
Dr Work in Process Inventory $3460
Cr Manufacturing Overhead $660
Cr Raw materials Inventory $2,800
Explanation:
Preparation of a summary journal entry to record raw materials used.
Based on the information given the summary journal entry to record raw materials used will be:
Dr Work in Process Inventory $3460
($970+$1700+$790)
Cr Manufacturing Overhead $660
Cr Raw materials Inventory $2,800
($3460-$660)
(To record raw materials used)
Answer: The answer is as follows:
Explanation:
Given that,
Raw material = $7.60/unit
Direct labor = $10.60/unit
Manufacturing overhead = $8.60/unit
(1) Unit cost under variable costing = Raw material + Direct labor + variable Manufacturing overhead
= 7.6 + 10.6 + 8.6
= 26.8
(2) Unit cost under absorption costing = Raw material + Direct labor + variable Manufacturing overhead + fixed Manufacturing overhead
= 7.6 + 10.6 + 8.6 + 8.6
= 35.4