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erica [24]
3 years ago
7

TP4.

Business
1 answer:
timofeeve [1]3 years ago
7 0

Answer:

There would be no under-applied or over-applied overhead since the overhead applied will be equal to budgeted overhead.

Explanation:

Overhead application rate is the ratio of budgeted overhead to budgeted activity level. Overhead applied is overhead application rate multiplied by actual activity level. Under/over-applied overhead is the difference between overhead applied and budgeted overhead.

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Retailing is composed of all of the business activities that add value to the products and services customers buy. This includes
ivolga24 [154]

Answer: Finance, purchasing, accounting, suppying

Explanation:

Retailing is known as a sub middleman in business that buys from the wholesaler and sells to the consumer in smaller quantity not as big as the wholesaler.

The following are activities of the retailer, although it might not be all followed by many retailers but depending on their ability and understanding

-Finance

-Purchasing

-Accounting

-Management Information System

-Supply management including warehouse and distribution management.

3 0
3 years ago
On November 1, 2018, Taylor signed a one-year contract to provide handyman services on an as-needed basis to King Associates, wi
Maslowich

Answer: 920

Explanation:

Since the transaction took place in November, we should note that revenue should be recognized for 2 months by Taylor.

The amount that Taylor should recognize as revenue in 2018 will be:

= 5520/12 × 2

= 460 × 2

= 920

3 0
3 years ago
John purchases a life insurance policy on his wife Betty where he pays the premium and he will receive the life insurance money
DanielleElmas [232]

Answer:

Policy owner

Beneficiary

Face amount

Insured

Explanation:

John is both the “Policy owner” and the “Beneficiary” who will receive the “ Face amount” upon the death of Betty, the “Insured”.

The term policy owner is used to refer to a person who buys and pays the premium. At the same time, a beneficiary is a person who receives the face amount that was on the name of the insured (Betty).

It is given that John has bought the policy and paying the premium so he is the owner. Moreover, he is the beneficiary because he is getting the insurance amount after the death of betty who is insured.

3 0
4 years ago
You are making a $120,000 investment and feel that a 20 percent rate of return is reasonable given the nature of the risks invol
Kryger [21]
200  i think but idk  my name is tytianna btw
7 0
3 years ago
Who is turning 18 this year
telo118 [61]

Answer:

not me but I'm turning 14.

4 0
3 years ago
Read 2 more answers
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