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3 years ago

Which type of business constituent has titles such as President and CEO?

Business

1 answer:

Brums [2.3K]3 years ago

6 0

Answer: s corporations

Explanation:

hope this helps. With an S corporation that has a single shareholder, he or she can be called the president, CEO, or another title. S corporations with more than one shareholder can issue titles at the time of formation.

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Overton Company has gathered the following information. Units in beginning work in process 21,400 Units started into production

Sindrei [870]

Answer:

Equivalent Units of Production for Material = 226,700

Euqivalent Units of Production for Conversion = 216,700

Explanation:

The question is to Compute equivalent units of production for máterials and for conversion costs.

First, it should be noted that the Weighted Average Method will be employed as follows

Description Units %Mate. Equiv. Mat. % Conven Equiv. Conv

Completed & Transf. 201,700 100% 201,700 100% 201,700

Ending Work in Prog. 25,000 100% 25,000 60% 15,000

Equivalent. Produc. 226,700 216,700

Note: To determine the Equivalent material of 201,700 above is as follows

Opening Work in Progress + Units Started into Production - Ending Work in Progress

= 21,400+ 205,300 - 25,000 = 201,700 units

4 0

3 years ago

For which pairs of goods is the cross-price elasticity most likely to be positive? a. peanut butter and jelly b. bicycle frames

Levart [38]

Answer: d. Pen and pencils.

Explanation:

Cross-price elasticity measures the degree of responsiveness of the demand for a certain good towards the change in the price of a related good. Percentage is used to measure cross-price elasticity.

In case of two goods like pens and pencils, cross price elasticity is positive. That is, if the price of a pen increases, it will lead to an increase in the demand for pencils. The propertional change in price of pens give a positive relative change in the demand for pencils.

3 0

3 years ago

Read 2 more answers

Highland Industries makes custom yachts using a job cost accounting system. In anticipation of a busy year for 2019, Highland’s

il63 [147K]

Answer:

predetermined overhead per direct labor hour: $11.02

Explanation:

$\frac{Cost\: Of \:Manufacturing \:Overhead}{Cost \:Driver}= Overhead \:Rate$

To solve for overhead rate we determinate the expected cost and distribute them over a cost driver which is, in this case; direct labor hours

Expected overhead cost:

Machinery maintenance $ 181,350

Utilities $ 226,380

Supervision $ 191,000

Materials handling cost $ 67,000

Building occupancy costs $ 98,270

Indirect materials $ 31,650

Total overhead: $ 795,650

Total direct labor: 72,000

Overhead rate: 795,650 / 72,000 = 11.0206944= $11.02

3 0

3 years ago

If import restrictions prohibit foreigners from selling various goods and services in the U.S. market,

Vesnalui [34]

Answer:

The correct answer is option b.

Explanation:

When foreign producers sell their goods and services in the US market they get US dollars in return. They use these dollars to buy goods and services from the US.

If import restrictions prohibit foreigners from selling various goods and services in the U.S. market, foreigners will have fewer U.S. dollars which they can spend to buy U.S. goods and services. So they will be able to purchase fewer goods and services from the US.

4 0

3 years ago

Which of the following antitrust acts would make it illegal for a board member of Microsoft to sit on the board of Apple?

saw5 [17]

I think its the Sherman Act

3 0

3 years ago