True. <span>Because risk is associated with the potential for higher profits, businesspersons are motivated to choose organizational forms that limit their liability while allowing them to take risks that may lead to greater profits. Organization forms refers to how a company organizes different organizations within the company. A great deal of focus and planning goes into deciding how an organization should structure themselves to be the most profitable. </span>
Answer:
Unitary cost= $62.5
Explanation:
Giving the following information:
Predetermined overhead rate based on direct labor-hours to apply manufacturing overhead to jobs. At the beginning of the year, manufacturing overhead and direct labor-hours for the year were estimated at $50,000 and 20,000 hours.
Materials costs on the job totaled $4,000 and labor costs totaled $1,500 at $5 per hour.
First, we need to determine the allocated MOH:
Estimated manufacturing overhead rate= total estimated overhead costs for the period/ total amount of allocation base
Estimated manufacturing overhead rate= 50000/20000= $2.5 per direct labor hour
Allocated MOH= Estimated manufacturing overhead rate* Actual amount of allocation base= 2.5* (1500/5)= $750
Total cost= 4000 + 1500 + 750= $6,250
Unitary cost= 6250/100= $62.5
Answer: $129480
Explanation:
Based on the information given, the amount of their AMTI will be calculated as:
AGI = $99600
Add: Excess Depreciation on Real Estate = $59760
Less: Mortgage Interest Expenses = $19920
Less : Charitable Contribution = $9960
AMTI = $129480
Answer:
Variable expenses = $50,000
Explanation:
Given:
Sales price = 50,000 x $10 = $500,000
Fixed costs = $350,000
Net income = $100,000
Find:
Variable expenses
Computation:
Variable expenses = Sales price - Fixed costs - Net income
Variable expenses = $500,000 - $350,000 - $100,000
Variable expenses = $50,000
Answer:
Option B
Explanation:
Option B:
Prevent a company from becoming overly focused on the near term and losing sight of larger trends and opportunities.
