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qwelly [4]
2 years ago
11

rev motor company buys plugs and points from sparkplugs inc. and puts them in rev vehicles without changing their composition. i

f the parts are defective, strictly liable for any damage caused by the defects?
Business
1 answer:
chubhunter [2.5K]2 years ago
6 0

In a case whereby  rev motor company buys plugs and points from sparkplugs inc. and puts them in rev vehicles without changing their composition if the parts are defective, the damages that can be associated with this is the Rev and Sparkplugs.

<h3>What was the  defects?</h3>

A defect can be described as the abnormalities that can be associated to a particular process which is necessary to be addressed for the efficient functionality of the system.

It should be noted that in the case above Rev and Sparkplugs that was introduced to the system of  rev motor company and for thios to be adjusted they need to visit the automechanics to fix or change it.

Learn more about  defects at:

brainly.com/question/28386457

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In the scenario from question 1, no product was lost or consumed so the net balance remained the same. Why would an organization
Iteru [2.4K]

Organization need to account for location changes of their inventory because the control of Inventory helps them to know the amount of inventory  that they have.

<h3>What is inventory location?</h3>

An Inventory locations is known to be seen as places where inventory is said to be saved and where it is distributed.

Note that Organization need to account for location changes of their inventory because the control of Inventory helps them to know the maximum amount of profit as it is gotten from the least amount of investment in stock without influencing customer satisfaction.

Therefore, Profit = Amount of  stocks available - inventory sold.

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brainly.com/question/24868116

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4 0
2 years ago
Consider how Hunter Valley, a popular ski resort, could use capital budgeting to decide whether the $9 million River Park Lodge
Vesnalui [34]

Answer:

1.$2,035,692

2.$1,091,248

3.8.24 years

4.22.97%

Explanation:

Hunter Valley

1. Computation for the average annual net cash inflow from the expansion.

Formula for Average annual net cash inflow from operation

= Numbers of skiers day * Contribution margin per skier

(122*162) * ($245 - $142)

=19,764*$103

= $2,035,692

2.Computation for the average annual operating income from the expansion

Formula for Average annual operating income from expansion

= Annual cash inflow - Depreciation

= $2,035,692 - ($9,000,000 - $500,000) / 9

= $2,035,692-$8,500,000/9

$1,091,248

3.Computation for the Payback period

Payback period = Initial investment / Annual cash inflows

= $9,000,000 / $1,091,248

= 8.24 years

4.Computation for the ARR

ARR = Average annual income / Average investment

Hence:

Average investment = (Cost +Residual value) / 2

= ($9,000,000 +$500,000) / 2

=$9,500,000/2

= $4,750,000

ARR = $1,091,248 / $4,750,000

=0.2297×100

= 22.97%

4 0
3 years ago
Cordner Corporation has two production departments, P1 and P2, and two service departments, S1 and S2. Direct costs for each dep
Paladinen [302]

Answer:

$46,200

Explanation:

Calculation to determine the amount of S2 costs allocated to S1

S2 costs allocated to S1 =$66,000*0.70/(0.70 +0.10+ 0.20)

S2 costs allocated to S1 =$46,200/1.00

S2 costs allocated to S1 =$46,200

Therefore Under the step method of cost allocation, the amount of S2 costs allocated to S1 would be:$45,200

6 0
3 years ago
Richards Corporation uses the weighted-average method of process costing. The following information is available for October in
olchik [2.2K]

Answer:

e. $2.16

Explanation:

<u><em>Richards Corporation </em></u>

<u><em>Weighted-Average Method </em></u>

<u><em>Fabricating Department:</em></u>

Particulars         Units       % of Completion           Equivalent Units

                                    Materials  Conversion  Materials  Conversion

Completed &

transferred out: 360,000    100       100          360,000        360,000

<u>Ending Inv:         35,000     40%        15%         14000            5250    </u>

<u>Equivalent Units                                                  374,000      365250</u>

Costs                                        Direct Materials       Conversion

Beg. Work in Process - :             $47,200                 $89,700

<u>Costs incurred in October -      $759,920              $929,300</u>

Total Costs                                  807,120               1,019,000

Cost Per Equivalent Unit = Total Costs/ Equivalent Units

Cost Per Equivalent Unit Materials = 807120/ 374,000= $ 2.158 ≅$ 2.16

We divide the total costs of Materials with the total Equvilant units of Materials to get Cost Per Equivalent Unit of Materials which is 2.16

7 0
3 years ago
If the central bank increases the amount of reserves banks are required to hold to 20%, then?
dalvyx [7]

If the central bank increases the amount of reserves banks are required to hold to 20%, then: both the money multiplier and supply of money in the economy will decrease.

<h3>What are the Functions of central bank?</h3>

The central bank oversees and manages the nation's foreign exchange while also serving as the technical advisor to the government on matters related to foreign currency policy. The central bank's role is to prevent volatility in foreign exchange rates and to promote stability. Implementing monetary policy and managing the money supply are the responsibilities of central banks, which are frequently tasked with preserving low inflation and steady GDP growth. To manage the cost of borrowing and lending across an economy, central banks have an impact on interest rates and take part in open market activities.

An organisation that controls a state's or formal monetary union's commercial banking system and regulates its currency and monetary policy is known as a central bank, reserve bank, or monetary authority. A central bank has the exclusive right to expand the monetary base, unlike a commercial bank.

Hence, If the central bank increases the amount of reserves banks are required to hold to 20%, then: both the money multiplier and supply of money in the economy will decrease.

To learn more about central bank refer to:

brainly.com/question/25711082

#SPJ4

5 0
2 years ago
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