Answer:
varies depending on the state
Explanation:
For example, the Florida Real Estate Commission's (FREC) fines range from $250 to $5,000.
For first offenders, administrative fines range from $250 to $1,000, and the license can be suspended or revoked.
For repeat offenders, administrative fines range from $1,000 to $5,000, and the license can be suspended or revoked.
Answer: No
The order of variables does not matter when combining like terms in algebra, because of the commutative property.
Explanation:
Consider the addition of two algebraic expressions.
f(x) = x³ - 5x² + 3x - 2
g(x) = 6x³ + 10x² - 7x + 9
Add f(x) and g(x).
f(x) + g(x) = x³ - 5x² + 3x - 2 + (6x³ + 10x² - 7x + 9)
= x³ + 6x³ - 5x² + 10x² + 3x - 7x - 2 + 9
= 7x³ + 5x² - 4x + 7
Now add g(x) and f(x) in order to change the order of variable addition.
g(x) + f(x) = 6x³ + 10x² - 7x + 9 + (x³ - 5x² + 3x - 2)
= 6x³ + x³ + 10x² - 5x² - 7x + 3x + 9 - 2
= 7x³ + 5x² - 4x + 7
The two additions yield the same result, although the order of variable was reversed during the addition.
In general, algebraic operations are commutative.
Answer:
Predetermined overhead rate=$19.5/machine hour
The company applied $877500 to the units produced.
Explanation:
a) Pre-determined overhead rate= <u>Budgeted overhead manufacturing cost</u>
Estimated number of machine hours
=975000/50000=$19.5/machine hour.
b)Applied overhead = Pre-determined overhead rate * Actual machine hours
= 19.5 * 45000
=$877500.
c.
In traditional costing we use as base for calculating overhead rate is machine hours or labor hours but in activity based costing we identify activity that consume resources,identify cost driver of each activity,compute cost rate per cost driver unit and finally assign cost to products by multiplying cost driver rate.
Predetermined overhead rate= estimated overhead/Estimated base (cost driver).
Answer:
B net income is overstated, assets are overstated, and stockholders' equity is overstated
Explanation:
The movement in the balance of inventory at the start and end of a period is as a result of sales and purchases. While sales reduces the balance in inventory, purchases increases the balance. This may be expressed mathematically as
Opening balance + purchases - cost of goods sold = closing balance
Hence, where ending inventory balance is overstated, cost of goods sold is understated. When cost of goods sold is understated, gross and net incomes are overstated. Hence owner's equity is overstated and asset overstated.
The three legal forms of business ownership are partnership, sole proprietorship, and corporation. The correct option among all the options that are given in the question is the fourth option or the last option or option "d". I hope that this is the answer that has actually come to your desired help.