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3 years ago

In the context of statutorily mandated arbitration, why has arbitration become widespread during the last few decades?

1 answer:

7 0

Arbitration refers to a type of alternative to dispute resolution; it involves resolving of disputes outside courts. In this type of dispute resolution, arbitrators consider the case of each party and render arbitral award which is legally binding and enforceable in courts.
Arbitration has become widespread in the last few decades due to the fact that the law may require the disputing parties to take their case to arbitration. For instance, some states in America have laid down statues that demand that some dispute types have to be submitted to arbitration.

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Break Even Analysis 1. A USB thumb drive production line will have $240,000 fixed costs variable costs per unit of $1.97. Each u

melomori [17]

Answer:

Instructions are below.

Explanation:

Giving the following information:

Fixed costs= $240,000

Unitary variable cost= $1.97

Selling price per unit= $4.97.

First, we need to calculate the break-even point in units:

Break-even point in units= fixed costs/ contribution margin per unit

Break-even point in units= 240,000 / (4.97 - 1.97)

Break-even point in units= 80,000 units

<u>The break-even point analysis provides information regarding the number of units to be sold to cover for the fixed and variable costs.</u>

If the forecasted sales are 120,000, this means that the company will cover costs and make a profit. The margin of safety is 40,000 units.

3 0

2 years ago

ThingOne Company has the following information available for the past year. They use machine hours to allocate overhead. Actual

frozen [14]

Answer:

the variable overhead efficiency variance is $1,840 unfavorable

Explanation:

The computation of the variable overhead efficiency variance is shown below:

= Standard variable overhead rate × (standard hours - actual hours)

= $4.60 × (10,600 - 11,000)

= $1,840 unfavorable

Hence, the variable overhead efficiency variance is $1,840 unfavorable

As the standard hours would be less than the actual hours so it would be unfavorable variance

7 0

2 years ago

Amy and Mitchell share equally in the profits, losses, and capital of the accrual basis AM Products LLC. The LLC does not need t

Len [333]

Answer: See explanation

Explanation:

Share of ordinary income:

= (Ordinary income - Wages - Depreciation)/2

= (900,000 - 200,000 - 300,000)/2

= 400,000/2

= 200,000

Share of net short term capital gain

= (12,000 - 6,000) × 50%

= 6,000 × 0.5

= 3,000

Share of interest income

= 4000 × 50%

= 4000 × 0.5

= 2000

Share of charitable contribution deduction

= 4000 × 50%

= 4000 × 0.5

= 2000

7 0

3 years ago

If production displays economies of scale, the long run average cost curve is

nata0808 [166]

Answer:

C. Downward sloping

Explanation:

According to my research on Business Economics I can say that the graph/curve of a long run average cost if production displays economies of scale would be Downward Sloping. This is because when talking about scale it is representing a situation that has an increasing output as well as an increasing average cost, causing the slope to face downward.

I hope this answered your question. If you have any more questions feel free to ask away at Brainly.

6 0

2 years ago

The person who contributed the most to the understanding and final acceptance of the theory of glaciation was

Rina8888 [55]

The person who contributed the most to the understanding and final acceptance of the theory of glaciation was Louis Agassiz.
He was a Swiss-American geologists as well as biologist who lived during the 19th century. He was a professor at many universities and quite an important scientist given that thanks to him, glaciology as a study was created in order to study glaciers and everything related to ice.

5 0

3 years ago