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2 years ago

Products of the mind, such as computer software, a screenplay, a music score, or the chemical formula :

Business

2 answers:

puteri [66]2 years ago

4 0

Answer:

D. Intellectual property

Explanation:

Because Intellectual property (IP) is a category of property that includes intangible creations of the human intellect. There are many types of intellectual property, and some countries recognize more than others. The most well-known types are copyrights, patents, trademarks, and trade secrets.

gizmo_the_mogwai [7]2 years ago

3 0

Answer: Intellectual property

Explanation:

Intellectual property is a property that is the result of the creativity of an individual or firm. Intellectual property is a form of property that includes the intangible developments of the human intellect.

Stealing of another person's or firm's intellectual property is a crime and is punishable. There are different types of intellectual property. The well-known types are patents, copyrights, trade secrets, and trademarks.

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Onslow Co. purchased a used machine for $144,000 cash on January 2. On January 3, Onslow paid $10,000 to wire electricity to the

il63 [147K]

The information is incomplete, but we can assume that the machine was sold at the fifth year for an X amount of money, so we should prepare the journal records. Since we are not given the sales amount, I will just use any number, like $50,000. You can adjust the calculation depending on the exact sales amount.

Explanation:

January 2, Year 1, purchase of machine:

Dr Machinery 144,000

Cr Cash 144,000

January 3, Year 1, additional expenses needed to put machine into service (electric wiring):

Dr Machinery 10,000

Cr Cash 10,000

January 3, Year 1, additional expenses needed to put machine into service (installation):

Dr Machinery 2,000

Cr Cash 2,000

The machine's total cost = $144,000 + $10,000 + $2,000 = $156,000

depreciation expense per year = ($156,000 - salvage value) / 6 years = ($156,000 - $17,280) / 6 = $23,120

Accumulated depreciation during 5 years = $23,120 x 5 = $115,600, carrying value = $156,000 - $115,600 = $40,400

If the machine is sold at $50,000, the journal entries should be:

December 31, year 5, machine is sold:

Dr Cash 50,000

Dr Accumulated depreciation $115,600

Cr Machinery 156,000

Cr Gain on disposal 9,600

Gain on disposal = cash received - carrying value = $50,000 - $40,400 = $9,600

4 0

3 years ago

Classify Lawlor's costs as period costs or product costs. If the costs are product costs, further classify as direct material

svet-max [94.6K]

product cost ( direct materials,direct labour and manufacturing overheads).

It is a combination of products cost materialize cost on assets and period cost materialist on difference income and expenses in time.please find the attachment on the differences.

Explanation:

Product cost idealizes on inventory, assets to the companies.
It has segregation direct materials product sales.
It has segregation direct labour cost maintaing products.
It has segregation of manufacturing issues with machine for products.
Period cost is an event which happens at certain point of time.
It administrative,commission and significant understanding.
Delivers different set of cost accounting.
It raises issues and exponential cost incurred.

6 0

3 years ago

The demand for this type of good rises when income falls and falls when

Amiraneli [1.4K]

Answer:

o inferior

Explanation:

The inferior goods shown the inverse relationship between the demand and the income. If the demand of the goods is increased so the income would fall and if the demand of the goods fall so the income would rises

So this represent that the good is an inferior good

Hence, the second option is correct

4 0

2 years ago

An apparel manufacturing plant has estimated the variable cost to be $3.30 per unit. Fixed costs are $1,800,000 per year. Forty

erica [24]

Answer:

$15.30

Explanation:

Given that,

Fixed costs = $1,800,000 per year

Variable cost = $3.30 per unit

40% of its business is with one preferred customer.

Total units sold in a year = 150,000

Unit cost per item:

= (Fixed cost ÷ Total units sold) + Variable cost per unit

= ($1,800,000 ÷ 150,000) + $3.30

= $12 + $3.30

= $15.30

Therefore, the unit cost per item is $15.30.

4 0

3 years ago

Kellie believes that Amy is upset with her. Therefore, when Kellie sees Amy walking down the street, Kellie does not say hello t

LiRa [457]

Answer:

Self-Fulfilling Prophecy

Explanation:

According to the description of the situation in the question we can say that this is an example of a Self-Fulfilling Prophecy. This is because a Self-Fulfilling Prophecy is when a person believes something will happen and subconsciously changes their behavior and causes it to happen. Which is what Kellie has done.

I hope this answered your question. If you have any more questions feel free to ask away at Brainly.

7 0

3 years ago