Answer:
par value of the shares issued.
Explanation:
In the case when the corporation issued the capital stock with regard to the service payment so the least & appropriate basis for recording the above transaction would be the par value of the shares issued as it would leads to the excess payment
Therefore according to the given situation the last option is right
In the bank vault researve and at a Federal Reserve Bank
In business we refer to this obligation as a<u> </u><u>royalty</u>.
<u>Explanation:</u>
A royalty is a charge paid by one person, such as the licensee or franchisee, to somebody else who owns a specific asset such as the rights holder or franchise owner, for the ability to utilize that asset on a continuing basis.This is usually accepted as a percentage of total or total profit obtained through the use of an product or a certain value per unit sold from an item of this kind, although there are still other forms and measures of revenue.
For an illustration, the royalty value for having its e-copy or printing a book like a novel, for selling internationally ranges from 20 to 30% of the overall value of retail selling that the publisher or distributor receives. The fee is paid by them and as with all music royalties, refers to the arrangement (license) between both the writer and the publisher or distributor.
Answer:
$81,500
Explanation:
As per the data given in the question,
The computation of the cost of goods manufactured is shown below:
Before that first we need to do following calculations
Direct material = $12,000 + $23,000
= $35,000
Direct labor = $11,000 + $20,000
= $31,000
Overhead applied = 50% of direct labor
= 50%×$31,000
= $15,500
Cost of goods manufactured = Direct material + Direct labor + Overhead applied
= $35,000 +$31,000 + $15,500
= $81,500
