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Burka [1]
3 years ago
9

A limited liability company (LLC) will be taxed as a corporation unless it elects to be taxed as a partnership. True False

Business
1 answer:
hichkok12 [17]3 years ago
6 0

Answer:

True

Explanation:

A LLC is a company that has its own identity and is taxed separated from all owners and investors.

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Soles is a footwear company which has recently set up its store in Ambrosia. To manufacture its products, Soles incurs a range o
alisha [4.7K]

Answer:

Option C Electricity used to run its factories

Explanation:

The reason is that the direct costs are those that are easily attributable to the unit product and the costs that are not directly attributable to the unit product are indirect cost.

So here the salary paid to workers are directly attributable cost because the time taken to produce one unit in modern industry is fixed and determinable so the wage per unit is also fixed. It means it is a direct cost.

The leather used for a unit product of shoe is also determinable and fixed the product and its costs as well. This means we can easily allocate the cost to the unit shoe so it is also direct cost.

Likewise the cost of machines per unit in modern day industries is also determinable. If the machine life is 100,000 units and its price is $200,000 then the cost attributable to unit product of shoe is $2 per unit.

The electricity cost is not attributable to unit product of shoe as this electricity is used for other operations in the factory and this throws cat among the piegons because it is difficult to find how much a product utilizes electricity because their are number of different product produced in the factory and each utilizes electricity differently. So it is not directly attributable and is an indirect cost.

8 0
4 years ago
If 11,000 units are produced, what are the total amounts of direct manufacturing costs incurred to support this level of product
kvv77 [185]
Use the fixed manufacturing overhead, 4.00 and the variable manufacturing $1.50 to find the answer.

$4.00(10,000units)= $40,000


$40,000+ ($1.50 * 11,000)= $56,500
3 0
3 years ago
If an advertiser places a TV commercial using a​ lonely, lost puppy to sell its​ products, then that advertiser is said to be ut
ryzh [129]

Answer:

correct answer is Sadvertising

Explanation:

these type of advertiser is said to be Sadvertising because it is that type of advertising by which advertiser creator is use some certain type of strategy by which they play on peoples emotion and feeling of sadness.

nowadays emotional advertising become popular in the recent year,  

many firms work for creating strong emotional ties about their product

they think ad. with emotional reaction is viewed  more likely to be shared  

so here the correct answer is Sadvertising

5 0
3 years ago
Gia Company has the following information​ available: Cash pledged as collateral $ 2 comma 000 comma 000 U.S. Treasury bill due
stepan [7]

Answer:

$4,400,000

Explanation:

Cash Pledged                              $2,000,000

Treasury bill due in one month  $2,000,000

Cash in checking account           $400,000

Cash and Cash Equivalents         $4,400,000

Please note that treasury bill due after 90 days or maturing after 90 days are not considered cash equivalents.

6 0
3 years ago
Read 2 more answers
Although hargrove co. makes enough money to pay for everything it needs, it still chooses to have some debt and pay a larger por
lisov135 [29]
The best explanation for this decision is "financial leverage".

Financial leverage refers to the amount of debt that is used by an entity to purchase more resources. Leverage is utilized to abstain from utilizing excessively value to support operations. An intemperate measure of money related use expands the danger of disappointment, since it turns out to be more hard to repay debt.
6 0
4 years ago
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