Answer:
It calculates the total number of subassemblies, components, and raw materials needed for each parent item.
Explanation: A maximum retail price (MRP) is a manufacturer calculated price that is the highest price that can be charged for a product sold in India and Bangladesh. However, retailers may choose to sell products for less than the MRP.
It is called Process Explosion to refer to Routings (Bill of Operation), take the manufacturing order to processes, and then issue an operation order by the process. By performing the Process Explosion, the necessary processes to produce an item, the order for performing them, the labor hours in each process, and etc.
Answer:
c. $105200.
Explanation:
Cost of land = $96,200
Real estate brokers' commission = $3300
Cost of demolition of old building = $7200
Proceed from salvage of demolition = $1500
Cost of land to be recorded using historical cost principle
= $96,200 + $3300 + $7200 - $1500
= $105,200
Option c. $105200 is right.
That you can make desitions at your own discretion
Answer:
Option C.
Dr Insurance Expense $2,100
Cr Prepaid Insurance $2,100
Explanation:
The initial payment of $12,600 is for 6 months which means monthly charge of insurance is $2,100 ($12,600 / 6 months). The initial prepaid expense was recorded as under:
Dr Prepaid Insurance $2,100
Cr Cash Account $2,100
At the end of each month, the insurance expense is recognized and the entry is as under:
Dr Insurance Expense $2,100
Cr Prepaid Insurance $2,100
Answer:
d. World Trade Organization
Explanation:
The World Trade Organization (WTO) is the only global international organization dealing with trade rules between countries. The WTO Agreement is at the heart of most of the world's trade nations, negotiated and signed, and ratified by their Parliaments. The goal is to make the business flow as smoothly, freely and independently as possible