Under the uniform partnership act, Ella will not be likely
to join the partnership because of the fact that not all of the partners agree
to it because even though only Matthew does not want Ella, it is still
considered that she won’t be joining because not all agreed to have her join
the partnership.
Cover letters should not be sent as attachments, because the employer may block e-mails with attachments. This may be part of their e-mail filtering system to block junk mail or spam. The only time a cover letter should be submitted as an attachment is when it is specifically requested to be sent that way by the employer. (endgenuity)
Answer:
Blanchette Plant Service
ABC Costing Technique:
1. Total cost of the Kerry job:
Plants = $750
Direct labor = 1,300
Total cost = $2,050
2. Determination of operating income or loss (Kerry's job):
Service Revenue = $3,540
less cost of service 2,050
Operating income = $1,490
3. With desired operating income of 30% of cost:
Operating income = $615 ($2,050 x 30%)
The company can charge the Kerry job $2,665 ($2,050 + 615) or ($2,050 x 1.3)
Explanation:
Operating income or loss is the difference between revenue and costs of providing the services or goods. When the revenue exceeds the operating cost, the difference is an operating income. When the revenue is exceeded by the operating cost, the difference is an operating loss. While the former means that the organization has added value to its resources, the latter implies that the organization has lost some value to its resources, thereby reducing the equity of the owners in the business entity.
Answer:
Date Details Debit Credit
December 31, Employee benefits expense $41,150
Medical insurance payable $31,500
Employee Retirement program $9,650
payable
Working
= 31,500 + 9,650
= $41,150
