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Zarrin [17]
3 years ago
8

Damon Industries manufactures 20,000 components per year. The manufacturing cost of the components was determined as follows:

Business
1 answer:
Shkiper50 [21]3 years ago
8 0

Answer:

d. a $10,000 decrease.

Explanation:

The computation of the impact on the income is given below:

In case of making the product

= Direct material + direct labor + variable manufacturing overhead  + rented

= $100,000 + $160,000 + $60,000 + $10,000

= $330,000

And, in case of buying the product

= 20,000 × $17

= $340,000

So there is a decrease of $10,000

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Answer:

1. Entrepreneurs can only be successful if they have large funding backing them.

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3. Entrepreneurs have to do everything themselves.

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7. Entrepreneurs are never stressed out.

8. Entrepreneurs are all wealthy.

9. Entrepreneurs are their own boss.

10. Entrepreneurs have more personal time.

4 0
3 years ago
Damon Co. purchased 100% of the outstanding common stock of Smith Co. in an acquisition by issuing 20,000 shares of its $1 par c
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Answer: the correct answer is $70000

Explanation: the fair value of the shares given plus the fair value of the contingent consideration is the total amount paid by the buyer which is (20000 shares * $10 price per share) = $200000+$10000= $210000.

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The $15000 in direct acquisition costs are registered as period expenses and not relevant for the calculation of the gain of the transaction.

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3 years ago
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Answer: C) an annualized salary, wage or incentive payment structure and a range of benefits.

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A is wrong because there are more ways to pay someone. For example, benefits.

B is wrong because hourly workers are considered employees.

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6 0
3 years ago
Describe the differences between power and authority.
Arisa [49]

Answer:

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Read 2 more answers
Suppose an increase in the demand for dollars has caused an appreciation of the dollar. According to the purchasing power parity
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Answer:

Appreciate more

Explanation:

Suppose an increase in the demand for dollars has caused an appreciation of the dollar. According to the purchasing power parity theorem, the value of the dollar in the future will appreciate more. This is because the shift in demand and supply will cause an increase in the value of the dollar. Purchasing power parity (PPP) is a theory which states that exchange rates between currencies are in equilibrium when their purchasing power is the same in each of the two countries.

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