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fenix001 [56]
3 years ago
13

Are freight charges contra-asset?​

Business
1 answer:
densk [106]3 years ago
5 0
Yes it is hope that helps
You might be interested in
____________ is made up of behaviors that focus specifically on reducing the efficiency of work output.
Sauron [17]

Answer:

Production deviance

Explanation:

Deviance is the word which is defined as any kind of behavior which violates the cultural norms or the rules.

Production deviance is the term which is described as the behavior which violates the formally prescribed norms or the rules of the business or the organization, in respect to the minimal quality and the quantity of the work to achieve as part of a single job.

So, the production deviance is the one which is made up of the behaviors which focus on decreasing the efficiency of the work output.

6 0
3 years ago
Three law partners form a Cross-Purchase Buy and Sell agreement. This agreement is funded with individual life insurance. How ma
tekilochka [14]

The  total life policies that are needed for this agreement is: 6.

<h3>What is cross-purchase agreement?</h3>

A cross-purchase agreement can be defined as a process that enables  a business partners to buy a decease shares of a business and this process often depend on a life insurance policy.

Hence, the  total life policies that are needed for this agreement will be  6 total life policies.

Learn more about cross-purchase agreement here:brainly.com/question/7157405

#SPJ1

3 0
2 years ago
Trent Inc. needs an additional worker on a multiyear project. It could hire an employee for a $88,000 annual salary. Alternative
ryzh [129]

Answer: The cheaper cost is to <u>hire an additional worker. </u>

Explanation:

Employee:

With an employee, Trent is going to have to pay payroll taxes.

After-tax cost of hiring employee:

= Salary * (1 + Payroll tax)

= 88,000 * ( 1 + 7.5%)

= $94,600

The subtract the income tax from this amount:

= 94,600 * ( 1 - 21%)

= $74,734

Contractor:

With a contractor, only the marginal income tax is accounted for:

= 95,000 * (1 - 21%)

= $75,050

The cheaper cost is to <u>hire an additional worker. </u>

3 0
3 years ago
The following information relates to a product produced by Faulkland Company:
kvv77 [185]

Answer:

$305,000 increased

Explanation:

As the total unit cost is given i.e $23

And, the customer has offered to buy 61,000 units at $22 each

In the case of special order, the effect on operating profits is

= Difference of cost × number of units to be offered for buying

= $5 × 61,000 units

= $305,000 increased

The difference is

= Buying price offered - direct material per unit - direct labor per unit - variable overhead per unit

= $22 - $8 - $5 -$4

= $5

The selling cost is not included. Hence, ignored it

4 0
4 years ago
A written promise to pay a specificied amount of money on a specific date is called a:_______
Furkat [3]

A written promise to pay a specific amount of money on a specific date is called a promissory note.

A promissory note, also known as a note payable, is a legal document in which one party agrees in writing to pay another party a certain amount of money on demand or at a specific future time, subject to certain terms and conditions.

A promissory note is a formal commitment to pay back borrowed funds. People can borrow money from banks and other lending institutions, as well as from one another. A promissory note is created when someone borrows money in order to legally protect both the payor and the payee. If you're loan a significant sum of money, a promissory note is very crucial. The promissory note serves as a formal record of your transaction, protecting you and guaranteeing that the borrower or organization will pay back the loan.

To know more about promissory note refer to:  brainly.com/question/948552

#SPJ4

6 0
2 years ago
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