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3 years ago

A franchise arrangement include a franchisor and franchisee with the franchisor..............to the franchisee

Business

1 answer:

MAVERICK [17]3 years ago

4 0

A franchise arrangement include a franchiser and franchisee with the franchiser terms and conditions to the franchisee.

Explanation:

A franchiser is the owner of any business and have an established trade mark. A franchisee is the one who will be paying royalty for using the Franchiser's brands and trademarks. There will be a contract agreement that exists in the franchising system. The agreement will contain two parties involved in it which is the franchiser and the franchise.

The agreement will also contain the terms and conditions of the franchiser to the franchise. The franchiser need to be obliged to these terms and conditions and when the violation of these terms and conditions happens then the franchiser has the power of taking legal actions as mentioned in the contract.

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applied vs. actual manufacturing overhead davis manufacturing corporation applies manufacturing overhead on the basis of 150% of

Mashcka [7]

Answer:

Subapplication of 22,500

journal entry:

WIP 4,500 debit

finished goods 2,250 debit

COGS 15,750 debit

factory overhead 22,500 credit

Explanation:

Direct Labor cost during the year:

60,000 + 30,000 + 210,000 = 300,000 direct labor

Applied overhead:

cost driver x predetermined rate

300,000 x 150% = 450,000

Actual overhead: 472,500

Subapplication of 22,500

as this is a significant amount we must adjust the WIP inventory, cost of goods sold and fnished goods inventory

to know the adjustment on each account we calcualte each account percentage:

300,000 --> 22,500

60,000 --> 60,000/300,000 x 22,500 = 4,500 endingWIP

30,000 --> 30,000/300,000 x 22,500 = 2,250 finished goods

210,000--> 210,000/300,000 x 22,500 = 15,750 COGS

we do the adjuting entry to increase overhead and transfer into each concept

8 0

3 years ago

What is the best way to put together a business plan?

V125BC [204]

The correct answer would be D. You're Welcome!!

4 0

3 years ago

Read 2 more answers

Which of the following is NOT a valid condition for denying a patent application?Select one:

prohojiy [21]

Answer:

The answer is a. The "invention" sought to be patented is actually a living creature.

Explanation:

That is the answer. Because by the law, you actually "CAN" patent a living creature or an organism that you invented and that does not exist naturally.

So, a patent application CAN NOT be denied on the grounds that the invention is a living thing.

However, if a plant or any organism exists in nature and has reproduced, then it cannot be patented. Because then it has become a natural occurrence. This is a stern limitation and a criteria put on patents for living organisms.

Patenting living organism such as anti bacteria and bacteria is common in pharmaceutical industry while patenting unique seed types are common in agricultural sector.

4 0

4 years ago

Silverwood Company is considering the following alternatives: Alternative A Alternative B Revenues $100,000 $200,000 Variable co

lana66690 [7]

Answer:

to find profit make

%profit =selling price + cost price ÷ cost price

5 0

3 years ago

Harold, a black man, worked for Alegius Financial Services as a sales representative. On three separate occasions over a period

Mnenie [13.5K]

Answer:

The correct answer is letter "D": Harold will win his case because the employer was aware of the racially harassing behavior, yet no discipline was imposed.

Explanation:

The Equal Employment Opportunity Commission (EEOC) is an agency of the federal government of the United States that enforces laws against race, color, religion, sex, age, or disability discrimination in the workplace. Most employers and unions are covered under EEOC laws.

In Harold's case, the harassment was not specifically against him but there were clear signs of discrimination. However, Alegius Financial Services did not do anything regarding this issue what will result in finding the company liable after Harold sued them.

7 0

3 years ago