I had that same question look on my profile
Answer:
In the Debit Column of your Expense Account
Explanation:
The statement that is said to be most likely to be true in this scenario are:
- Both Audrey and CLEANOUT must consult a neutral third party to resolve their contractual dispute.
- Audrey can sue CLEANOUT for material breach of contract.
<h3>What is the contract about?</h3>
In contract law, a "material" breach of contract is known to be a form of breach that took place when one part fails to carry out the contract and this strikes so well at the heart of the contract that it tends to renders the agreement "practically broken"
Note that The statement that is said to be most likely to be true in this scenario are:
- Both Audrey and CLEANOUT must consult a neutral third party to resolve their contractual dispute.
- Audrey can sue CLEANOUT for material breach of contract because it passed the due date.
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Answer:
Break-even point= 150,000 hangers
Explanation:
Giving the following information:
It charges $0.04 and estimates its variable cost to be $0.01 per hanger. Laguna’s total fixed cost is $4,500 per month.
To calculate the number of hangers we need to use the following formula:
Break-even point= fixed costs/ contribution margin
Break-even point= 4,500 / (0.04 - 0.01)= 150,000 hangers