Answer:
C) The goods are nonconforming because of the perfect tender rule.
Explanation:
Under UCC rules, the perfect tender rule applies to contracts where goods are sold, and it states that the seller must comply with the specifications that the buyer required. The perfect tender rule is used for products whose compliance with certain norms is important and vital, e.g. pharmaceutical drugs.
On the other hand, the substantial performance rule may apply to circumstances where the specifications are not that important, and a product close enough is considered sufficient. E.g. a contract for the sale of t-shirts that require a specific type of red might be satisfied by providing red t-shirts even if it wasn't the exact type of red.
Answer:
Material quantity variance = $9,380 adverse
Explanation:
<em>A material usage variance occurs when the standard quantity required to active a particular level of production is higher or lower than than the actual actual quantity used. A favorable variance would mean than less quantity of materials were used than the standard to achieve a given output level. And an adverse variance would mean the opposite</em>
We can calculate it as follows:
grams
4,400 units should have used (4,400× 2 grams) 8,800
but did use <u> 10,140</u>
<u> </u> 1,340 adverse
standard price per g ×<u> $7______</u>
Material quantity variance <u> $ 9,380 adverse</u>
Material quantity variance = $9,380 Adverse
Explanation:
Your work environment impacts your mood, drive, mental health and performance. If employees work in a dreary office setting with unfriendly workers, they likely won't have enough confidence or job satisfaction to speak up. That's why creating a positive work environment is critical to your company's success.
Answer:
Explanation:
When making a decision, irrelevant items are included in the analysis in both alternatives when using: the total cost approach only.
Answer:
$845.83
Explanation:
The computation of the interest is shown below:
= Principal × rate of interest × number of days ÷ (total number of days in a year)
= $140,000 × 7.25% × (30 days ÷ 360 days)
= $845.83
Simply we applied the simple interest formula by multiplying the principal, interest rate and the time period so that it can arrive with the correct amount
