Answer: b. Adverse possession
Explanation:
Adverse possession could be described as occupying a property not yours legally. This occurs when the owner of such property can't be found or identified over a very long period of time, then the party going in goes about acquiring the property legally. The individual who acquires the property now could be seen as the legal owner of the property
Answer:
The change in the dollar amount of inventory is $200 due to change in the inventory costing method.
Explanation:
The variable cost per unit is $6.00 while the fixed cost per unit is $2.00
Variable cost per unit = $6.00
Absorption cost pet units = $8.00
Total cost under absorption costing = Absorption cost per unit / number of units in ending inventory
Total absorption cost = $8.00 × 100 = $800
Total cost under variable cost = Variable cost per unit × number of units in ending inventory
Total variable cost = $6.00 × 100 = $600
Change in cost = Total absorption cost - Total variable cost
Change in cost = $800 - $600 = $200
he exchange of money and the receipt of the item is mutual consideration for the transaction. In every single agreement, there must be consideration in order for the agreement to be legally binding; it is a critical part of contract formation. ... In other words, each person in a contract must promise to do something.
Answer:
$5,000 + $350f
Explanation:
The computation of the production cost in dollars is shown
Here we use the equation form
The start up cost is $5,000
Labor, material cost $350
Now if he makes f pieces of furniture so, his production cost would be
= Startup cost + labor, material cost
= $5,000 + $350f
Hence, this is the answer and the same is to be provided
Answer:
Production opportunities, time preferences for consumption, risk, inflation. Explanation: The cost of money is the interest rate that lenders charge borrowers, and is determined by the supply and demand of funds.
