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Slav-nsk [51]
2 years ago
7

To open and operate Boo! City, a Halloween costume and paraphernalia shop, Dwayne and Erica form a business organization that co

mbines the limited liability aspects of a corporation with the tax advantages of a partnership. Their form of business organization is
Business
1 answer:
Ira Lisetskai [31]2 years ago
7 0

Answer:

a limited liability company.

Explanation:

From the question we are informed about To open and operate Boo! City, a Halloween costume and paraphernalia shop, Dwayne and Erica form a business organization that combines the limited liability aspects of a corporation with the tax advantages of a partnership. In this case, Their form of business organization is limited liability company.limited liability company can be regarded as business structure in which owners are not personally liable as regards to debts or liabilities of the company.It is hybrid entities with features of corporation and partnership as well as sole proprietorship.

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A direct cost is a cost that is:
kap26 [50]

Answer:

(D) Traceable to a single cost object.

Explanation:

A direct cost -

It is refers to the amount which is directly linked to the production of the specific products and services , is referred to as the direct cost .  

The direct cost is variable in nature .  

The direct cost can be traced to the cost object , that can be department , product or service.  

Hence, from the given information of the question,  

The correct option is D.

4 0
2 years ago
. A company produces two products, A and B, which have profits of $9 and $7, respectively. Each unit of product must be processe
prohojiy [21]

Answer:

(a) Linear model

max\ P = 9x + 7y

Subject to:

12x + 4y \le 60

4x + 8y \le 40

x,y \ge 0

(b) Standard form:

max\ P = 9x + 7y

Subject to:

12x + 4y + s_1 = 60

4x + 8y +s_2= 40

x,y \ge 0

s_1,s_2 \ge 0

Explanation:

Given

\begin{array}{ccc}{} & {Hours/} & {Unit} & {Product} & {Line\ 1} & {Line\ 2} & {A} & {12} & {4} & {B} & {4} & {8} & {Total\ Hours} & {60} &{40}\ \end{array}

Solving (a): Formulate a linear programming model

From the question, we understand that:

A has a profit of $9 while B has $7

So, the linear model is:

max\ P = 9x + 7y

Subject to:

12x + 4y \le 60

4x + 8y \le 40

x,y \ge 0

Where:

x \to line\ 1

y \to line\ 2

Solving (b): The model in standard form:

To do this, we introduce surplus and slack variable "s"

For \le inequalities, we add surplus (add s)

Otherwise, we remove slack (minus s)

So, the standard form is:

So, the linear model is:

max\ P = 9x + 7y

Subject to:

12x + 4y + s_1 = 60

4x + 8y +s_2= 40

x,y \ge 0

s_1,s_2 \ge 0

4 0
1 year ago
Contractionary fiscal policy to prevent real gdp from rising above potential real gdp would cause the inflation rate to be _____
vekshin1

Answer:

Contractionary fiscal policy to prevent real gdp from rising above potential real gdp would cause the inflation rate to be <u>LOWER</u> and real gdp to be <u>LOWER</u>.

Explanation:

A government engages in contractionary fiscal policy when it decreases spending or increases taxes. This is done to lower the economy's inflation rate, but it also decreases aggregate income which will decrease aggregate supply, resulting in a lower real gross domestic product.

6 0
2 years ago
On January 1, 2021, Dreamworld Co. began construction of a new warehouse. The building was finished and ready for use on Septemb
ELEN [110]

Answer:

The correct answer is $60,000.

Explanation:

According to the scenario, the given data are as follows:

Expenditure for Jan.1 = $334,000

Time period ( Jan.1 - Dec.31 ) = 12 months

So, average expenditure = $334,000

Similarly, Expenditure for Sep.1 = $498,000

Time period ( Sep.1 - Dec.31 ) = 4 months

So, average expenditure = $498,000 × 4÷12 = $166,000

Now, Expenditure for Dec.31 = $498,000

Time period ( Dec.31 - Dec.31 ) = 0 months

So, average expenditure = $498,000 × 0÷ 12 = 0

So, capitalized interest = ( average expenditure Jan.1 + average expenditure Sep.1 + average expenditure Dec.31) × 12%

= ($334,000 + $166,000 + $0) × 12%

= $500,000 × 12%

= $60,000

3 0
2 years ago
Someone who wants credentials in skilled training, but in less time than a four- year degree should consider...
Pavlova-9 [17]

Answer:

Career or technical education.

Explanation:

Someone who wants credentials in skilled training, but in less time than a four- year degree should consider Career or technical education.

A technical education course is solely based on providing skilled training which will help the student to learn the practicalities in a shorter period of time.

They are focused on a specific kind of skilled training which you can use in your career. Technical education is also known by the name of a diploma which can be completed in a period of 2 years or even in a period of months.

4 0
2 years ago
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