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Mademuasel [1]
2 years ago
11

A form of business ownership that provides limited liability to its owners, but is taxed as a partnership is a(n) .

Business
1 answer:
n200080 [17]2 years ago
3 0

A form of business ownership that provides limited liability to its owners, but is taxed as a partnership is a Limited Liability Company (LLC).

Limited Liability Company (LLC) is a form of business structure that gives protection to its owners against any debts or liabilities owned by the company. This means that the liability of the owners is limited to the amount of investment they have in the company.

This type of business is growing primarily in the United States. They do not pay taxes on their profits directly. Their profits and losses are passed through to members, who report them on their individual tax returns.

Therefore, Liability Company (LLC) is a form of business ownership that provides limited liability to its owners, but is taxed as a partnership.

Learn more about Limited Liability Company (LLC) in this link : brainly.com/question/13888388

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Answer:

Results are below.

Explanation:

Giving the following information:

Fixed costs= $20,000

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Selling price= $28 per unit.

<u>To calculate the break-even point in units, we need to use the following formula:</u>

Break-even point in units= fixed costs/ contribution margin per unit

Break-even point in units= 20,000 / (28 - 17)

Break-even point in units= 1,818 units

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3 years ago
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Answer:

1. Using the ABC system, for each style of faucet, compute the estimated overhead cost per unit.

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Chrome = [(25 x $4,900) + (1,000 x $150)] / 50,000 units = $5.45 per unit

White = [(40 x $4,900) + (800 x $150)] / 40,000 units = $7.90 per unit

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Projected sales in units        30,000        50,000      40,000

Per unit data: Selling price     $40              $20            $30

Direct materials                        $8                 $4              $8

Direct labor                             $15                 $3              $9

Setup hours                              30                 25             40

Inspection hours                    900             1,000           800

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