Answer:
Explanation:
Identifiable costs by definition are expenses that can be identified directly with a specific facility, activity or function. Operating budgets deal with short term expenses and expenses to be incurred in the next one year. Therefore, in regard to operating budget, identifiable costs may generally include cost of inventory, cost of fixed assets like land and equipment, supporting group and the direct care group wages.
Answer:
Option (D) is correct.
Explanation:
Unit product cost:
= Direct materials + Direct labor + Variable manufacturing overhead + Fixed manufacturing overhead
= $10 + $25 + $15 + $20
= $70
Operating income using absorption costing:
= (500 units × $100) - (500 units × $70) - (500 units × $5) - $7,500
= $50,000 - $35,000 - $2,500 - $7,500
= $5,000
Answer:
C. The termination of the firm's legal existence.
Explanation:
General partners are individuals, two or more , who come together to own a business and controls daily activities of the business. Each member has unlimited liability and their action can legally bind the activities of the business. They share profit and losses equally.
According to fact pattern 27-3, if the partners agree to dissolve one of their business line- equity lending as in the case above and the company's assets are shared among the partners, it would result in the termination of the firm's legal existence.
Once there is a breach by any of the partners as contained in the partnership agreement and the partner's asset shared, that is dissolution. The partnership business has therefore been terminated legally and cease to exit.
Answer:
If opportunity cost is 5%, PV=10,366.05
If opportunity cost is 6.5%, PV=9,934.19
If opportunity cost is 11.5%, PV=8,656.79
Explanation:
PV=Σ
If opportunity cost is 5%: PV =
=10,366.05
If opportunity cost is 6.5%: PV =
=9,934.19
If opportunity cost is 11.5%: PV =
=8,656.79
The code of ethics which Catalina developed is supposed to spell out how her staff will interact with customers, fellow employees, and members of the general public.
<h3>What is the purpose of a Code of Ethics?</h3>
The Code of ethics is an organizational blueprint that spells out the behavior of staff or employees which when followed to the letter ensures, that the image or the organization is associated with the highest levels of:
- Professionalism
- Integrity and
- Honesty,
These help to increase brand equity.
Please see the link below for more about the Code of Ethics:
brainly.com/question/11634495