Swiss Furniture Company manufactures bookshelves and uses an activityminusbased costing system to allocate all manufacturing conversion costs. The company incurs no direct labor costs. The following information is provided for the month of May:ActivityEstimated IndirectActivity CostsAllocation BaseEstimated Quantity ofAllocation BaseMaterials handling$7,500Number of parts7,080 partsAssembling$11,900Number of parts7,080 partsPackaging$2,160Number of bookshelves1,180 bookshelvesEach bookshelf consists of 6 parts. The direct materials cost per bookshelf is $35.What is the total manufacturing cost per bookshelf?

Which of the following statements is correct? a major disadvantage of a partnership relative to a corporation is the fact that federal income taxes must be paid by the partners rather than by the firm itself. in a typical partnership, liability for other partners’ misdeeds is limited to the amount of a particular partner’s investment in the business.true in a limited partnership, the limited partners have voting control, while the general partner has operating control over the business, and the limited partners are individually responsible, on a pro rata basis, for the firm’s debts in the event of bankruptcy. partnerships have more difficulty attracting large amounts of capital than corporations because of such factors as unlimited liability, the need to reorganize when a partner dies, and the illiquidity of partnership interests.