Answer:
C) Expense $23,000 for 2018.
Explanation:
Iris owns and operates TV rental outlets, so all the expenses she makes while investigating possible purchases of related businesses (other TV rental outlets) can be deducted from her income. This deductions can be made regardless of whether Iris ended up purchasing the new stores or not.
Answer:
The answer is orally and reasonably.
Explanation:
The CISG provides that an offer will be irrevocable if the offeror states ORALLY that the offer is irrevocable or if the offeree REASONABLY relies on the offer as being irrevocable.
Answer:
11, 0000000000000000000000000000000000000
Answer:
This is a claim
Explanation:
When someone has an insurance policy and needs a loss or damages covered they file a claim. For example if a person has a house fire they flie a claim with their insurance to cover the damage, often through repair or replacement.
Answer:
Make since the relevant cost to make it is $58.35
Explanation:
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<u>The manufacturing cost will be:</u>
direct material 7.70
direct labor 23.70
Overhead 38.5 x 70% = 26.95
Total manufacturing cost 58.35
Allocated cost 11.55
The purchase cost is higher than our manufacturing cost of 58.35
It is better to make the unit.
The purchase option generates a differential loss for $4