Answer:
Standard direct materials cost per bar of chocolate = $0.23 per bar
Explanation:
This can be calculated as follows:
Total standard cost of cocoa in a batch = 500 * $1.40 = $700
Total standard cost of Sugar in a batch = 100 * 0.50 = $50
Total standard cost of Milk in a batch = 250 * 1.60 = $400
Total standard costs for a batch of chocolate = $700 + $50 + $400 = $1,150
Number bars of chocolate in batch = 5,000
Therefore, we have:
Standard direct materials cost per bar of chocolate = Total standard costs for a batch of chocolate / Number bars of chocolate in batch = $1,150 / 5,000 = $0.23 per bar
Answer:
Book value at point of revision = $54,640
Remaining depreciable cost = $54,640
Depreciation per year for years 2 and 3 = $28,320
Explanation:
Depreciation expense using the straight line depreciation method = ( Cost of asset - Salvage value) / useful life
Depreciation expense before the revision = ($67,800 - $2000) / 5 = $13,160
Book value at point of revision = $67,800 - $13,160 = $54,640.
Depreciation expense after the revision = ($54,640 - $2000) / 2 = $28,320
Answer: Licensing
Explanation:
A licensing is the term which is used to the refers to the official permission that should be taken from the other organization for manufacturing their products and the services.
The main purpose of the licensing is that the organization can easily run their business by accomplish the the licensing practices which include the qualification, training and the professional experience.
According to the given question, the licensing is one of the practices that one company gives permit or rights to the another company for using their technology and the brand name.
Therefore, Licensing is the correct answer.
Answer: $17.28
Explanation:
6 month free concession in first year drops rent to:
= 20 / 2
= $10
Effective rent = [Present value of Year 1 rent + Present value of Year 2 rent + Present value of Year 3 rent ] / [ 1 - (1 / (1 + rate)^ number of years) / rate]
= [(10 / (1 + 10%) ) + (21 / (1 + 10%)²) + (22 / (1 + 10%)³)] * [1 - (1 / (1 + 10%)³/ 10%)]
= (9.09 + 17.355 + 16.5289) / 2.48685
= $17.28
A) Are small businesses
There are more small businesses in existence than any other type of business.
