Answer:
The answer is: E) franchising.
Explanation:
Franchising is a type of business where a franchisor (owner of the franchise) that produces goods or services, expands his business activities through franchisees, which are affiliated local dealers or operators. Franchises are very common specially in the food industry (McDonald's, Burger King, Subway, Pizza Hut, etc.) but are also growing in other types of businesses (ReMax, 7 Eleven, UPS Store, etc.).
Answer:
cost of goods manufactured= $665,000
Explanation:
Giving the following information:
Molina Company has a beginning and ending work in process inventories of $130,000 and $145,000 respectively. If total manufacturing costs are $680,000
We need to use the following formula:
cost of goods manufactured= beginning WIP + direct materials + direct labor + allocated manufacturing overhead - Ending WIP
cost of goods manufactured= 130,000 + 680,000 - 145,000
cost of goods manufactured= 665,000
Explanation:
In this case, it is incorrect to wait until payment to record the expense, as organizational accounting is essential in an organization so that there is a record and control of organizational financial transactions so that companies can obtain information about the business and take reasoned decisions based on the current reality of the company.
Therefore, all income and expenses for the period must be recorded in accounting so that there is real information about an organization's movements in a period.
Answer:
since 
Explanation:
U(q₁ q₂)
Budget law can be given by
Lagrangian function can be given by
First order condition csn be given by
From eqn (i) and eqn (ii) we have
Putting 
in euqtion (iii) we have
since
