Even if certain conditions are met, an apartment manager cannot exclude the fair market value of free rent from his or her income. Everything that a person owns and has a value, has depreciation. Therefore, these assets should still be declared by the owner. <span />
Answer:
450,000 Units
Explanation:
The complete part of the question is as below:
Bodin Company budgets on an annual basis. The following beginning and ending inventory levels (in units) are planned for the year 20x1. Two units of raw material are required to produce each unit of finished product.
January 1 December 31
Raw material 35,000 45,000
Work in process 12,000 12,000
Finished goods 80,000 50,000
Solution:
Units to be manufactured to sell 480,000 Units = Sales + Closing Inventroy - Opening Inventory
= 480,000 + 50,000 - 80, 000 = 450, 000 Units
The number of units Bodin would have to manufacture is 450,000 Units
Answer: C. Picking the right people to work with on the team
Explanation:
For the work to be carried out successfully it is important to have the right staff. When you choose the right people, it's much easier to be able to work as a team. Having the right person means that you are someone with goals that go along the same lines as the company, someone who follows the schedules at the time of the meetings and who is aware of the importance of feedback.
When companies hire someone, they make sure that they can be someone who is committed to performing their stated duties, someone with ideas and a good push for the team.
Answer:
option (C) is correct.
Explanation:
Given that,
Beginning work in process inventory: $102,000
Direct materials used: 156,000
Actual overhead: 132,000
Overhead applied: 138,000
Cost of goods manufactured: 675,000
Total manufacturing costs: 642,000
Company's direct labor cost for the year:
= Total manufacturing costs - Overhead cost - Direct materials cost
= Total manufacturing costs - Overhead applied - Direct materials used
= $642,000 - $138,000 - $156,000
= $348,000
Answer:
True (Dead-weight loss )
Explanation:
When the market is not allowed to adjust towards the equilibrium the economics efficiency is lost. When the supply is excessive compared to demand some part of supply remains intact, which means that small of amount of supply does not contribute to economics and allocation efficiency and considered as a dead-weight loss. The supply is forgone because the market is not allowed to stabilise.
