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Anuta_ua [19.1K]
2 years ago
11

Question Mode Multiple Choice Question A corporation is created by obtaining a charter from: Multiple choice question. an attorn

ey the federal government initial stockholders the state government
Business
1 answer:
Klio2033 [76]2 years ago
8 0

In general, when a corporation is to be created, it gets its charter from <u>the state government. </u>

<u />

Corporations:

  • Get their charter from a state government
  • Are bound by the laws of the state in which they are registered

The powers that state governments have in the United States include being able to license corporations and when they do this, that corporation is bound by their laws.

Corporations would therefore usually look for states with more lenient laws.

In conclusion, corporate charters come from the state government.

<em>Find out more at brainly.com/question/7500912.</em>

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Sales mix is a measure of the percentage increase in sales from period to period.
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How would one establish a petty cash fund for $500?
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Assume that MTA Sandwiches sells sandwiches for $7.20 each. The cost of each sandwich follows. Materials $ 2.70 Labor 0.90 Varia
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Answer:

MTA Sandwiches

a. A Schedule:

                                  Special Order  Regular Production    Total

Total contribution       $540                   $18,900                $19,440

Fixed overhead              0                        10,800                  10,800

Profit                           $540                     $8,100                  $8,640

Profits increased by $540 with the special order.

b. The lowest price per sandwich at which this special order  of 400 sandwiches can be filled without reducing MTA's profits is $4.05.  This is equal to the unit variable cost.  At this price, neither profit will be generated nor loss incurred from the special order.

Explanation:

a) Data and Calculations:

Cost of each sandwich:

Materials                             $ 2.70

Labor                                     0.90

Variable overhead                0.45

Fixed overhead

($10,800 per month,

6,000 units per month)       1.80

Total costs per sandwich $ 5.85

b) Computation of total profit for special order and regular production:

                                      Special Order     Regular Production   Total

Selling price =                           $5.40         7.20

Variable (Relevant) cost:

Materials                   $ 2.70

Labor                           0.90

Variable overhead      0.45      $4.05        $4.05

Contribution per unit                $1.35         $3.15

Total contribution ($1.35*400) $540     $18,900  ($3.15*6,000)   $19,440

Fixed overhead                                                                                  10,800

Profit                                                                                                  $8,640

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A postsecondary school that does not have a set of admission requirements such as a minimum GPA or test scores is called a(n):
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Open college im pretty sure. Hope i helped

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The following information relates to last year's operations at the Legumes Division of Gervani Corporation: Minimum required rat
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Based on the information given, Legume Division's net operating income last year will be $29580.

Firstly,we will calculate the turnover which will be:

= Sales / Operating costs

= $870000 / 2

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The return on investment will be:

= Net operating income / Operating assets

Therefore, the net operating income will be:

= $435000 × 6.8%

= $29580

Learn more about income on:

brainly.com/question/8549393

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