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vova2212 [387]
3 years ago
10

John purchases a blender from juicemart. a crack in the plastic casing causes the blade to swing out of control and fly at john'

s arm. john is shaken up by the incident but otherwise uninjured. john's strict product liability suit will most likely:
Business
1 answer:
sasho [114]3 years ago
6 0
<span>John's suit is most likely going to fail because John did not suffer any harm or damage to his property. The fact that there was danger of harm and emotional damages is irrelevant in the eyes of the court.</span>
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The difference between the actual cost incurred and the standard cost is called the?
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The main difference between normal costing and standard costing is that normal costing uses actual costs for material and direct labor costs, whereas standard costing uses predefined costs for these two items. That's it.

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3 years ago
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The break-even in units sold will decrease if there is an increase in: a. unit sales volume. b. total fixed expenses. c. unit va
s2008m [1.1K]

Answer:

d. Selling Price

Explanation:

Break even point is calculated as \frac{Fixed\ cost}{Contribution\ per\ unit}

Thus, break even point in units only in two cases,

  1. Fixed cost is reduced that is decreased,
  2. Contribution per unit is increased.

Now, here the options are

a. Increase in units sales volume is of no relevance as will not impact the fixed cost or contribution per unit.

b. Increase in fixed cost will result in higher break even point, as numerator in the fraction will increase.

c. Increase in unit variable cost will ultimately decrease the contribution thus, it is of no relevance.

d. Increase in selling price will increase the contribution per unit, that is the increase in denominator value in fraction, thus, break even units will decrease.

Correct option is

d. Selling Price

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3 years ago
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