Answer:
B. is a franchisor.
Explanation:
A franchisor is a business that sells the right to use its name and sell its product to another business.
A franchisee is the business that buys the right from the franchisor.
A limited partnership is a form of partnership where one or more of the partners have a limited liability.
A subsidiary company is a company owned by the parent company.
I hope my answer helps you.
Answer:
D. Replacement cost.
Explanation:
As we know that the inventory should be recorded at the cost or market value whichever is lower
Given that
Original cost is less than the net realizable value subtract the profit margin
So we assume the following figures
Original cost $10
Net realizable value 9
Replacement cost 8
NRV less normal profit margin 7
As if we compare the original cost and replacement cost so the lower value is of replacement cost
hence, the same is to be considered
Therefore the correct option is D.
Debit Accounts Payable $4,500; credit Notes Payable $4,500.
<em>In this case, accounts </em><em>payable </em><em>which have credit will be replaced by Notes payable. Hence accounts payable will be debited and notes payable will be </em><em>credited</em><em>.</em>
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A transaction is a finished settlement between a buyer and a seller to change items, offerings, or economic belongings in go back for cash. The term is also generally used in corporate accounting. In commercial enterprise bookkeeping, this undeniable definition can get difficult.
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Primarily based on the alternative of cash, there are three sorts of accounting transactions, particularly coin transactions, non-cash transactions, and credit score transactions.
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Transaction process is a time period that refers to the adding, converting, deleting, or searching up of a record in an information record or database via coming into the information at a terminal or computer
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Learn more about transactions here:-brainly.com/question/1016861
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Answer:
b) 168,000 direct labor hours
Explanation:
The computation of the actual level of activity achieved is shown below:
= (Total budgeted manufacturing cost - budgeted monthly manufacturing overhead cost) ÷ (Rate per direct labor hour)
= ($1,044,000 - $540,000) ÷ ($3)
= $504,000 ÷ $3
= 168,000 direct labor hours
Simply we deduct the budgeted monthly manufacturing overhead cost from the total budgeted manufacturing cost and then divide it by the rate per direct labor hour so that the accurate direct labor hours could be computed
Answer:
$6666
Explanation:
Given:
Direct materials = $ 2,483
Direct labor-hours = 77 hours
Direct labor wage rate = $ 19 per labor-hour
Machine-hours = 136 hours
The predetermined overhead rate = $20 per machine-hour.
Solution:
To find the total cost , we will add the following cost: Direct materials cost, Direct labor cost, Machine using cost
Direct labor cost = Direct labor-hours
Direct labor wage rate
Direct labor cost = 
Machine using cost = Machine-hours used
predetermined overhead rate
Machine using cost = 
Total cost = $ 2,483 + $1463 + $2720 = $6666
Therefore, The total cost that would be recorded on the job cost sheet for Job 910 would be $6666