Answer:
True
Explanation:
Generally, a chain-ratio method is a method of estimating the total amount of money to be spent on a particular business in order to achieve marketing targets. Based on the forecast of the factory and the decision to venture into the production of a new cheese product, the chain-ratio method is the best method for the estimation.
Answer:
c. $500,000.
Explanation:
Market Corporation has a basis in the land of $500,000.
We are told in the question that ''Market Corporation completely liquidates Subsidiary Corporation, receiving land with a $400,000 adjusted basis and a $500,000 Fair Market Value''
In the event of liquidation the value of an asset is no longer its carrying amount or book value but rather the amount at which the asset can be disposed which is the fair market value.
Answer:
B
Explanation:
Opportunity cost is the valje of the next best alternative forgone when a choice is made.
Every individual or business wants to make profit this is done by providing goods and services that satisfy people's needs and wants.
<h3>What is a business?</h3>
A business is an organization that aims at making a profit by providing goods and services that are desired by individuals also known as customers.
Business meets a need and gets profit in return.
Therefore, A Business is defined as trying to earn a profit by providing goods and services that satisfy people's needs and wants.
learn more on business here
brainly.com/question/24553900
Answer:
b. $1,260,000
Explanation:
The computation of the total manufacturing cost is shown below:
= Cost of goods manufactured + ending work in process - beginning work in progress
= $1,280,000 + $60,000 - $80,000
= $1,260,000
We simply add the ending work in progress and deduct the beginning work in progress to the cost of goods manufactured so that the accurate amount can come
