An intangible asset that is a distinct name, sign, or symbol that the federal government grants exclusive rights to use for a specified period of time trademarks
A trademark (also a written mark or trademark[1]) is an intellectual property consisting of recognizable symbols, designs, or expressions that identify products or services from a particular source and distinguish them from others. It is a form of public property.[2][] 3 ]The trademark owner can be an individual, business organization, or legal entity. Trademarks can appear on packaging, labels, coupons, or on the product itself. Trademarks used to identify services are sometimes referred to as service marks.
The first Trademark Act was passed in 1266 during the reign of Henry III. It was enacted and required every baker to use a distinctive symbol on the bread they sold. The first modern trademark laws appeared in the late 19th century. France enacted the world's first comprehensive trademark system in 1857. The UK Trade Marks Act 1938 changed the system to allow registration based on "intended use", introduced a process based on an examination, and created a system for publishing applications.
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Answer:
Total Material Variance = $2,400 Unfavorable
Explanation:
Total Materials Variance = Standard Cost - Actual Cost
Here, standard cost = Standard Quantity Standard Rate
Standard quantity for actual output = 5,400
Standard Rate = $2.00 per pound
Standard Cost = 5,400 $2.00 = $10,800
Actual Cost = Actual Quantity Actual Rate
= 6,000 $2.20 = $13,200
Total Material Variance = $10,800 - $13,200 = - $2,400 Unfavorable
Since the value is negative the variance is unfavorable, as actual cost is more than standard cost.
Answer:
A. Honesty and team spirit
Explanation:
Jamal clearly demonstrate honesty and team spirit
Answer:
variable overhead efficiency variance= $22,780 unfavorable
Explanation:
Giving the following information:
Standard hours per unit of output 7.0 hours
Standard variable overhead rate $ 13.40 per hour
Actual hours 2,725 hours
The actual output of 150 units
To calculate the variable overhead efficiency variance, we need to use the following formula:
variable overhead efficiency variance= (Standard Quantity - Actual Quantity)*Standard rate
Standard quantity= 150*7= 1,050 hours
variable overhead efficiency variance= (1,050 - 2,750)*13.4
variable overhead efficiency variance= $22,780 unfavorable
Answer: $22,000 and $105,000 respectively.
Explanation:
When the bank loans out all of its remaining excess reserves as a checkable deposit, and has a check cleared against it for that amount, its reserves and checkable deposits will now be respectively $22,000 & $105,000.