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3 years ago

Why are cooperatives formed?

Business

2 answers:

tatyana61 [14]3 years ago

8 0

To work together for the greater good of a community.

Hunter-Best [27]3 years ago

4 0

Be us to people can work together to the the same output with less work

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A firm can produce steel with or without a filter on its smokestack. If it produces without a filter, the external costs on the

Licemer1 [7]

Answer: B. The firm would install the filter at a cost of $ 300,000.

Explanation:

If the community owns the property rights, they would be able to demand that the firm pay the external cost of $500,000 per year.

If on the other hand the company installed a filter, it would cost them $300,000 but then they would not have to pay the community the $500,000.

The lower cost option would be to install the filter for $300,000 which is what the firm would do.

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3 years ago

Pacific Ink had beginning work-in-process inventory of $762,960 on October 1. Of this amount, $313,920 was the cost of direct ma

BartSMP [9]

Answer:

Cost of goods transferred =$6,388,147.07

Cost of ending inventory=$1,068,478.93

Explanation:

Equivalent unit of material = (120,000× 100%)+(39,000×75%)=149250

Cost per unit of material = Total cost /Total equivalent unit

=(313,920 +2,956,500)/149250 =21.912

Cost per conversion cost

Equivalent unit of conversion cost

= (120,000 × 100%) + ((39,000×35%)= 133,650

Cost per unit of conversion cost

= ($3,737,220 + $449,040)/133,650 = 31.322

Cost of goods transferred = 120,000× (21.912 + 31.322)= 6,388,147.07

Cost of Inventory = (75%*39,000×21.912)+(35%× 39,000×31.322)

= 1,068,478.93

Cost of goods transferred =$6,388,147.07

Cost of ending inventory=$1,068,478.93

3 0

3 years ago

Which life insurance settlement option guarantees payments for the lifetime of the recipient, but also specifies a guaranteed pe

SOVA2 [1]

Answer:

Life income with certain period annuity

Explanation:

This type of policy guarantees a certain amount of money during the remaining life of the insured. It also guarantees that during a minimum specified time, the certain period, the payments will be carried out even if the insured dies. In this case the benefits will be paid to his/her beneficiary. The insured determines the certain period when choosing the life insurance plan, and the certain period can vary from 5 to 30 years.

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3 years ago

Clooney Corp. establishes a petty cash fund for $200 and issues a credit card to its office manager. By the end of the month, em

Darya [45]

Answer:

Clooney Corp.

Petty Cash Journal Entry

<em>Sr. No Particulars Debit Credit</em>

1 Petty Cash $200

Cash $200

Establishing Petty Cash

2. (Employee Name;s ) Entertainment Expenses $25 Dr

Petty Cash $ 25 Cr

Recording employee petty cash expenditures

Credit Card Expenditures Entries

1. Postage, $44; Dr

Delivery, $69; Dr

Supplies expense, $34 Dr

Credit Card Payable 147 Cr

Credit Card Payable is a liability and appears in the balance sheet . It has to be paid in the future.

2. Credit Card Payable 147 Dr.

Cash 147 Cr

When the liability is paid this entry is made.

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3 years ago

The maximum amount of time for which benefits will be paid to the injured or ill person for a disability is called the _____ per

VladimirAG [237]

The answer you are looking for is going to the benefit period. hope that helped

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3 years ago