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77julia77 [94]
1 year ago
6

"an ____________ is a leasehold agreement that specifies an initial period of tenancy and the length of the agreement, but does

not end after the specified period. this type of leasehold agreement renews automatically at the end of the term unless either party gives notice that they plan to terminate the lease. some jurisdictions require the landlord or tenant to give 30 to 60 days' notice of such intent
Business
1 answer:
Nostrana [21]1 year ago
3 0

Answer:

I think the answer is leasehold estate. hope this helps.

You might be interested in
Manufacturing cost data for Orlando Company, which uses a job order cost system, are presented below. Indicate the missing amoun
mafiozo [28]

Answer:

a=   54796

h=  80,824

d=117916  

i=67915.68  

e=$ 352196  

b=  58,800  

f= 373496

j=  234500

c= 15100

k=   1900

g=3721596

Explanation:

Orlando Company

Manufacturing Cost Data

                                                 Case A          Case B       Case C

Direct materials used                 (a)               $91,200    $69,000

a=149,800 - 42,804-  52,200     54796

Direct labor                               52,200         143,800          (h)

$69,000 +x+0.82h= 216100

1.82h= 216100-69000

h= 147100/1.82= 80,824                                                     80,824

Manufacturing overhead applied 42,804      (d)                   (i)

d=82% of 143,800=117916                                 117916

i=82% of 80824 =  67915.68                                                 67915.68                      

Total manufacturing costs 149,800                 (e)              216,100

e=$91,200+ 143,800+ 117916                              352196

Work in process 1/1/14              (b)                21,300           18,400

b=208,600- 149,800                   58,800

Total cost of work in process 208,600         (f)                   (j)

f=352196+ 21,300                                           373496

j=216,100 + 18,400                                                               234500

Work in process 12/31/14             (c)               11,900            (k)

c=208,600 - 193,500                     15100

k=234500 -232,600                                                            1900

Cost of goods manufactured 193,500           (g)             232,600

g=373496- 11,900                                         3721596

The formulas used are given below.

Total Manufacturing Cost = Direct Materials + Direct Labor + Factory Overheads

Total cost of work in process= Total manufacturing costs+ Opening Work in process

Cost of goods manufactured= Total cost of work in process - Closing Work in process

In each of these if two amounts are known we can find the third one.We can also do rearrange these to find the required amounts.The calculation of each of the missing amount has been done next to it.

5 0
1 year ago
Harrison Industries began July with a finished-goods inventory of $48,000. The finished-goods inventory at the end of July was $
Anestetic [448]

Answer:

Option (D) is correct.

Explanation:

Given that,

Began July with a finished-goods inventory = $48,000

Finished-goods inventory at the end of July = $56,000

Cost of goods sold during the month = $125,000

Cost of goods manufactured during July:

= Ending finished goods inventory + Cost of goods sold - Beginning finished goods inventory

= $56,000 + $125,000 - $48,000

= $133,000

8 0
1 year ago
Bob,s candle factory is considering three different manufacturing options. Option A uses hand labor with fixed costs of $10,000
sergeinik [125]

Answer:

a. If demand for Bob's candles is 2500, which option should he pick?

  • OPTION A

and what is the cost?

  • $16,875

b. If demand for Bob's candles is 4500 which option should he $19,950

  • OPTION B

and what is the cost?

  • $19,950

Explanation:

Option A uses hand labor with fixed costs of $10,000 and variable costs of $2.75/candle.

Option B uses a combination of hand and automation with fixed costs of $15,000 and variable costs of $1.10/candle.

Option C is highly automated with fixed costs of $20,000 and variable costs of $0.75/candle.

demand = 2,500 units

option A = $10,000 + ($2.75 x 2,500) = $16,875

option B = $15,000 + ($1.10 x 2,500) = $17,750

option C = $20,000 + ($0.75 x 2,500) = $21,875

demand = 4,500 units

option A = $10,000 + ($2.75 x 4,500) = $22,375

option B = $15,000 + ($1.10 x 4,500) = $19,950

option C = $20,000 + ($0.75 x 4,500) = $23,375

3 0
1 year ago
In addition, your MARGIN PER UNIT must cover another set of important but potentially large costs. To investigate these addition
babymother [125]

Effect of Contribution Margin on the other costs is given below

Explanation:

1.Contribution margin per unit is the net amount that each additional unit sold contributes towards a company's fixed costs and profit. It equals the difference between the product's sales price and variable cost per unit.It represents the incremental money generated for each product/unit sold after deducting the variable portion of the firm's costs.Also known as dollar contribution per unit, the measure indicates how a particular product contributes to the overall profit of the company. It provides one way to show the profit potential of a particular product offered by a company and shows the portion of sales that helps to cover the company's fixed costs. Any remaining revenue left after covering fixed costs is the profit generated.

2.The Formula for Contribution Margin Is

The contribution margin is computed as the difference between the sale price of a product and the variable costs associated with its production and sales process.

Contribution Margin=Sales Revenue - Variable Costs

3.The contribution margin is the foundation for break-even analysis used in the overall cost and sales price planning for products. The contribution margin helps to separate out the fixed cost and profit components coming from product sales and can be used to determine the selling price range of a product, the profit levels that can be expected from the sales, and structure sales commissions paid to sales team members, distributors or commission agents.

4,The contribution margin represents the portion of a product's sales revenue that isn't used up by variable costs, and so contributes to covering the company's fixed costs.

The concept of contribution margin is one of the fundamental keys in break-even analysis.

Low contribution margins are present in labor-intensive companies with few fixed expenses, while capital-intensive, industrial companies have higher fixed costs and thus, higher contribution margins

3 0
1 year ago
The Super Discount store (open 24 hours a day, every day) sells 8-packs of paper towels, at the rate of approximately 420 packs
BlackZzzverrR [31]

Answer:

a) 2,093

b) It will reorder once there are 420 units left (demand during lead-time)

c) 34 days

Explanation:

a) economic order quantity

Q_{opt} = \sqrt{\frac{2DS}{H}}

<u>Where:</u>

D = annual demand = 21,900

S= setup cost = ordering cost = 50

H= Holding Cost = 0.50

Q_{opt} = \sqrt{\frac{2(21,900)(50)}{0.50}}

EOQ = 2092.844954

b) it takes four days to arrive:

if it sale 420 units per week then:

420 x 4/7 = 240 units are demand during delivery

c) order cycle:

EOQ / Annual Demand

2,093 / 21,900 = 0,09557 x 365 = 34.8333 days

It will order every 34 days (if it orders after 35 days will face shortage)

3 0
2 years ago
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