Answer: Corporate charter
Explanation:
The corporate charter is also referred to as the articles of incorporation. It is a document that contains the major components that make up a company, like the objectives of the company, the structure of the company, the number of shares the company has for sale and the planned operations of the company.
When a corporate charter is approved by the state, then the company will become a legal corporation. The corporate charter also contains the names of the people that are involved in its formation.
<span>The annualized loss expectancy (ALE) is the product of the annual rate of occurrence (ARO) and the single loss expectancy (SLE).
The ARO is provided as 1% chance that a fire will occur per year. The SLE is provided as $2 million in damages. Thus the formula to calculate the ALE is:
ALE = 0.01 X $2,000000. The annualized loss expectancy is $20,000.</span>
Answer: Factors of production are <u>"(D) inputs into the production process."</u>
Explanation:The factors of production or inputs are the goods or services that are used to produce other goods or services. There are four types of production factors: land, labor, capital and technology.
With these companies produce other goods or services.
Answer:
SMITH INDUSTRIES
DIRECT MATERIAL BUDGET FOR THE FIRST QUARTER
JAN FEB MAR
Production 5,600 4,200 4,800
closing inventory <u> 1,050</u> <u> 1,200</u> <u> 1,125</u>
6,650 5,400 5,925
Opening inventory <u> (1,400) </u> <u> (1,050) </u> <u> (1,200)</u>
Purchases (units) <u> 5,250 </u> <u>4,350 </u> <u> 4,725</u>
Purchases ($)($3 per unit) <u>15,750 </u> <u>13,050 </u> <u> 14,175</u>
<u>workings </u>
closing inventory
Dec = 25% *5600 = 1400
Jan = 25%* 4200 = 1050
Feb = 25%*4800 = 1200
Mar = 25%*4500 = 1125
Explanation:
Answer:
B) increased by 5,000 units
Explanation:
For computing the inventory level, first we have to determine the fixed cost per unit which is shown below:
Fixed cost per unit = Total fixed cost ÷ number of units produced
=$60,000 ÷ 10,000
=$6
Now the inventory level would be
= (Net operating income using absorption costing - Net operating income using variable costing) ÷ (Fixed cost per unit)
= ($95,000 - $65,000) ÷ $6
= $30,000 ÷ $6
= 5,000 units increased