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3 years ago

_____ is the most common form of business ownership.

Business

2 answers:

Paha777 [63]3 years ago

8 0

The answer is "Sole proprietorship"

Hope this helps! :D

Kisachek [45]3 years ago

6 0

Answer:

A. Sole proprietorship

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Bob Clarke Corporation has provided the following data from its activity-based costing system: Activities Estimated Overhead Cos

AfilCa [17]

Answer:

Total Unit Cost= $ 96.65

Explanation:

Bob Clarke Corporation

Activities Estimated Overhead Cost Expected Activity

Assembly $1,005,040 68,000 machine-hours

Processing orders $102,500 2,000 orders

Inspection $139,840 1,900 inspection-hours

First we find the overhead rates using ABC costing method.

Overhead Rates= Estimated Overhead Cost/ Expected Activity

Assembly Rate= $1,005,040 /68,000 = $ 14.78 per machine-hours

Processing rate= $102,500 / 2,000= $ 51.25 per orders

Inspection Rate= $139,840/ 1,900= $ 73.6 per inspection-hours

Then we find the overhead costs applying the ABC Costing rates

Overhead Costs Of 450 Hockey

Assembly= 710 machine-hours, * $ 14.78= $10493.8

Processing=42 orders, *$ 51.25= $ 2152.5

Inspection= 12 inspection-hours*$ 73.6 = $ 883.2

Total Overhead Costs of 450 Hockey = $ 13529.5

Overhead Cost of One Hockey= 13529.5/450= 30.065= $ 30.07

Then the:

Product Cost

Direct materials cost is $36.42 per hockey stick

Direct labor cost is $30.16 per hockey stick

Overhead Costs is $ 30.07

Total Unit Cost= $ 96.65

7 0

3 years ago

Suppose the government of Russia runs a budget deficit. This will result in:

adoni [48]

Answer:

D. an increase in interest rates in Russia and a decrease in the value of the ruble relative to other currencies.

Explanation:

In case the government of Russia runs a budget deficit , there will be inflationary pressure because budget deficit will be met by printing of currency . Inflationary pressure will drive interest rate high which will adversely affect the value of currency in international market. So the value of ruble will decrease relative to other currency .

Option D is correct .

8 0

3 years ago

John owns a shoe-shine business. His accountant most likely includes which of the following costs on his financial statements? a

devlian [24]

Answer:

Correct option is (c)

Explanation:

An accountant will record only those cost in the financial statements that have incurred on account of carrying out the business.

In this case, option (a) and (b) are opportunity cost of carrying out shoe shine business. These are the income that John could have earned if he did not start shoe-shine business.

Cost of shoe polish is an operating expense incurred to run his shoe-shine business. So this cost will be included by the accountant in the financial statements.

7 0

3 years ago

Widget Corp. produced $10 billion worth of goods in the year 2016. If the company had 50 million hours of work in 2016, the prod

FromTheMoon [43]

Answer:

The productivity of the company is $200 per work hour.

Explanation:

Productivity can be measured as the ratio of total output to a single input.

Total output in this case would be value of goods produced, which is 10*10^9 dollars.

Single input in this case would be labour measured in hours of work, which is 50*10^6 hr

Productivity of labor would be: 10*10^9 / (50*10^6) = 0.2*10^3 = $200/hr

7 0

3 years ago

________ are designed to stimulate thought about entrepreneurs' understanding and feelings as they progress through the entrepre

Fed [463]

Answer:

Reflection activities/tasks

Explanation:

Reflection activities are tasks that makes entrepreneurs look back over what or how they have learned as they progress through the entrepreneurial process. Reflection tasks often assess metacognitive skills, it helps entrepreneurs to arouse their thinking towards taking conscious actions that will improve their decisions.

4 0

3 years ago