The answer is core product.
Core product is the fundamental goods or services offered to the consumer.
Answer:
0.7699
Explanation:
The calculation of the probability that at least one stocks is shown below :-
∩ represents the interaction of sets.
while
∪ represents the set of all elements in the collections.
So,
P(A ∩ B) = P(B) × P(A ÷ B)
= 0.39 × 0.59
= 0.2301
P(A ∪ B) = P(A) + P(B) - P(A ∩ B)
= 0.61 + 0.39 - 0.2301
= 1 - 0.2301
= 0.7699
The amount of loss that should be recognized is the <u>minimum amount </u><u>of the </u><u>range. </u>
<u />
<h3>Recording a Contingent liability </h3>
- It should only be recorded if the loss is probable and the amount to be incurred as liability can be reasonably estimated.
- If neither of the above are possible, the loss would be recorded as a footnote.
US GAAP rules state however that if the loss is probable and the amount is in a range, the amount to be recorded as a contingent liability should be the minimum of the range.
In conclusion, they should recognize the minimum amount.
Find out more on contingent liabilities at brainly.com/question/17371330.
Answer:
c) $2,760,000
Explanation:
Computation of the amount of overhead assigned to Slime.
First step
Ordering and Receiving=Cost/Expected use of Driver×Additional Expected use of Driver
$1,200,000/2,000×1,600
=600×1,600
=$960,000
Mixing= Cost/Expected use of Driver×Additional Expected use of Driver
=1,500,000/50,000×30,000
=30×30,000
=$900,000
Testing=Cost/Expected use of Driver×Additional Expected use of Driver
= 1,350,000/1,500×1,000
=900×1,000
=$900,000
Second step
Addition of the total of :
Ordering and Receiving $960,000
Mixing $900,000
Testing $900,000
=$2,760,000
Therefore the amount of overhead assigned to Slime will be $2,760,000
