Which of the options below means the organization has the ability to build the requested system?

Cardec, Inc, a leading manufacturer of car spare parts, divided its manufacturing process into two

Departments - Production and Packing The estimated overhead costs for the Production and Packing departments amounted to $14,000,000 and $20,000,000, respectively. The company produces two types of parts - Part 1 and Part 2. The total estimated labor hours for the year were 40,000, and estimated machine hours were 35,000. The Production department is mechanized, whereas the Packing department is labor oriented. Calculate departmental predetermined overhead allocation rates. Production Packing Machine hours Labor hours Part 1 10,000 30,000 Part 2 25,000 10,000 35,000 40,000 What will be an ideal response

Owners equity in the property is best described as the

A) Difference between the current market value in the amount owed. B) Difference between the original purchase price and the amount owed. C) Current market value of the property. D) Total outstanding debt against the property.