Answer:
$206,667
Explanation:
Calculation for What total amount of amortization expense should have been recorded on the intangible asset by December 31, 2020
Using this formula
Total Amortization expense=Cost/useful life*Number of months
Let plug in the formula
Total Amortization expense=$1,162,500/180*32
Total Amortization expense=$206,667
Note that 15 years*12months will give us 180 months which is the useful life while May 1, 2018 - December 31, 2020) will give us 32 months
Therefore the total amount of amortization expense should have been recorded on the intangible asset by December 31, 2020 will be $206,667
Answer:
Organization is arranging or coordinating especially in a business, society, or association aspect. Examples of organization could be:
1. Arranging a group of people who work in specific studies
2. Taking books by their genre, and putting them together
3. The economic pyramid, is the perfect example of an organization. Defining society by class.
Solution:
Single factory overhead amount: the amount at which plant overheads or processing overheads are assigned to goods is referred to as single plant overhead rate.
Formula to measure a single plant-wide overhead rate:
Single plant-wide overhead rate :
Different development team overhead rate: this distribution system describes the various divisions engaged in the manufacturing cycle. Factory overheads are assigned to goods on the basis of the overhead cost for each of the manufacturing units.
Formula for calculating various output department overhead:
Multiple production department overhead rate:
For calculate: single plant-wide overhead rate use direct working hours (DLH) as the allocation basis, and measure factory overhead.
Using DLH as the allocation basis to measure a single plant-wide overhead limit.
Single plant-wide overhead rate :
= 
For calculate: single plant-wide overhead rate use direct working hours (DLH) as the allocation basis, and measure factory overhead.
Using DLH as the allocation basis to measure a single plant-wide overhead limit.
The two primary factors affecting an entrepreneur choice of legal ownership for a venture are TAXES AND LEGAL LIABILITY.
The type of business that an entrepreneur establish will determine the type and the amount of tax that it will be required to pay. The legal liability of the entrepreneur determines the extent to which he can be liable in case he finds himself in a financial mess. The entrepreneur should try and minimize the impacts of these two factors.
Effective managers understand the importance of clear communication and hence use different channels to advance the<u> organizational communication strategy</u>
<u></u>
<h3>
What is a communication strategy?</h3>
<u></u>
Communication strategy refers to the plans for speaking statistics associated with a selected issue, event, situation, or audience. They function as the blueprints for speaking with the public, stakeholders, or maybe colleagues.
<u></u>
Therefore, Effective managers understand the importance of clear communication and hence use different channels to advance the<u> organizational communication strategy</u>
<u></u>
Learn more about Communication strategy:
brainly.com/question/14426871
#SPJ1
