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3 years ago

If an employing broker (AKA sponsoring broker) moves his place of business without advising the Real Estate Commission:

Business

1 answer:

Julli [10]3 years ago

5 0

Answer:

His license and all associate brokers working for him are inactivated

Any licensee who does not notify the Commission of an address change will have their license inactivated. When the licensee is also the mama or poppa bear of the office (the employing or sponsoring broker) the penalty goes up. Since an employing broker with an inactive license cannot have licensees reporting to him/her AND a licensee who is not independent cannot have an active licensee without reporting to an employing broker - the effect is catastrophic. Everybody's license in the office is inactive

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The wireone company manufactures high-quality coated electrical wire in two departments, weaving and coating. materials are intr

storchak [24]

<h2>Answer:</h2>

Equal Units; Assigning Costs—Weighted-Average Method [LO2, LO3, LO4, LO5] The WireOne Company makes high caliber covered electrical wire in two offices, Weaving and Coating. Materials are presented at different focuses amid work in the Weaving Department.

After the weaving is finished, the materials are moved into the Coating Department, where strength plastic covering is connected. Chosen information identifying with the Weaving Department amid May are given underneath:

The organization utilizes the weighted-normal strategy. Required: 1. Figure the proportional units of creation. 2. Register the expenses per proportional unit for May. 3. Decide the expense of completion work in procedure stock and of the units exchanged to the Coating Department. 4. Set up a cost compromise between the costs decided in (3) above and the expense of starting stock and expenses included amid the period.

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3 years ago

Crusher Company has provided the following data for maintenance cost:

Firdavs [7]

Answer:

Total Fixed Cost: $13,020

Explanation:

Fixed cost is calculated using high low method.

High low method seeks to find variable cost per hour / unit by dividing the difference of cost (total cost at two levels) with difference of activity level. Than variable cost is reduced from total cost to identify the fixed cost. Below is the calculation:

Current year cost: $ 37,850 Current year machine hours: 19,100

Prior year cost: $ 33,300 Prior year machine hours: 15,600

Variable cost per machine hour = Current year cost - Prior year cost

Current year machine hour - prior year machine hour

Variable cost per machine hour: 37,850 - 33,300 = $1.30 per machine hour

19,100 - 15,600

Variable cost current year: ($1.30 * 19,100) = $24,830

Variable cost prior year: ($1.30 * 15,600) = $20,280

Fixed cost: Total cost - variable cost

Fixed cost current year: 37,850 - 24,830 = $13,020

Fixed cost prior year: 33,300 - 20,280 = $13,020

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3 years ago

Paul's Landscaping purchased $500 of office supplies on credit. The company's policy is to initially record prepaid and unearned

sattari [20]

Answer:

Explanation:

Businesses maintain the office supplies inventory of supplies and record the supplies purchased into this account and expense it afterward with the usage of inventory. In this question offices supplies purchased will be debited to office supplies account. As it is purchased on account so it will be credited to account payable account to make a liability against the transaction.

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3 years ago

We all have our own reasons for investing. For some it may be to provide for a child’s education, while for others it may acquir

Ghella [55]

YOU CAN INVEST THINGS SUCH AS MONEY AND IT EXPANDS THE AMOUNT OF MONEY YOU HAVE. THIS MEANS THAT YOU CAN GET MORE MONEY AND HAVE MORE MONEY TO WASTE ON FUTURE PLANS.

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2 years ago

Read 2 more answers

Twilight Company uses the aging of accounts receivable method to estimate Bad Debt Expense. The balance of each account receivab

AnnZ [28]

Answer:

a. Acct. receivable % uncollectible Est. uncollectible

1-30 days old $63,000 3% $1,890

31-90 days old $12,000 14% $1,680

> 90 days old $5,000 37% $1,850

Total $5,420

b. Date General journal Debit Credit

Dec 31 Bad debts expenses $5,150

Allowance for doubtful accounts $5,150

($5,420 - $270)

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3 years ago