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Answer:
D. Sole proprietorship.
Explanation:
We know it's definitely is a sole proprietorship because of 'unlimited personal liability' which is a key characteristic.
Selma's business is not a joint venture because she is the only person who invested and runs the business whereas a joint venture is created by two or more entities or 'shared ownership'
Nor is it a corporation for this is an 'organization' owned and manned by many people but is regarded as a single entity. Neither is her business an s corporation because that just the same as a corporation but just with different tax regulations.
Answer:
<u>autocratic</u> environment.
Explanation:
It can be said that Peter works in an autocratic environment, characterized by the authoritarianism of the leaders and the decision-making process totally focused only on the high hierarchy.
This work environment has greater control over employees and their activities because there is an inflexible chain of command, and subordinates must obey the decisions of their superiors even if it is not convenient.
There are some unfavorable points of the autocratic environment, such as the demotivation of employees due to lack of freedom and autonomy at work.
Answer:
See answers below
Explanation:
1 The predetermined overhead rate
= Cost of manufacturing overhead / Cost driver.
Where cost driver
= labor cost / labor rate
= $240,192 / $12.51
= 19,200 hours
Expected overhead
= depreciation + supervisor + supplies + property tax
= 56,500 + 140,000 + 46,400 + 27,750
Total overhead = 270,650
Overhead rate = 270,650 / 19,200
= 14.10 per hour
2. The amount t of applied overhead for of 18,500 actual hours were worked on
= 18,500 hours × $14.10
= $260,850
Based on the opening and closing inventories as well as the purchases, the company cost of goods is $138,000.
<h3>What are the cost of goods sold?</h3>
This can be found as:
= Opening inventory + purchases - closing inventory
Solving gives:
= 13,000 + 150,000 - 25,000
= $138,000
Find out more on cost of goods sold at brainly.com/question/24561653.
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