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3241004551 [841]
3 years ago
12

Sara bought new lighting from a company and also hired the company to install new lighting for his business. The cost was going

to be $5,000. The cost of goods was $3,000 and the labor costs were $2,000. This contract needs to be in writing. True False
Business
1 answer:
lapo4ka [179]3 years ago
4 0

Answer:

True

Explanation:

Contracts should be in writing because this guarantees that all the terms of the agreement are documented and the responsabilities of each party are stated. Also, contracts that involve the sale of goods with a value higher than $500 have to be in writing to be enforceable. So, according to this and considering that the total cost of the lighting is $5,000, it is true that the contract needs to be in writing.

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3 years ago
Lucky Company's direct labor information for the month of February is as follows: Actual direct labor hours worked (AQ) 61,500 S
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Answer:

d. $18,900 unfavorable.

Explanation:

Direct labor efficiency variance = SR*(SH-AH)

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Total standard direct labor cost for February = 63000*12= $756,000

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3 years ago
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3 years ago
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kvasek [131]

Answer:

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