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weqwewe [10]
3 years ago
14

Stan, an air conditioning and heating technician, files a suit against Temp-Set Corporation, alleging that its thermostats are u

nreasonably dangerous due to the possibility of electrical shock. Temp-Set's best defense is most likelya. contributory negligence.
b. knowledgeable user.
c. commonly known danger.
d. none of the choices
Business
1 answer:
vovangra [49]3 years ago
6 0

Stan, an air conditioning and heating technician, files a suit against Temp-Set Corporation, alleging that its thermostats are unreasonably dangerous due to the possibility of electrical shock.Temp-Set's best defense is most likely Knowledgeable User.

<h3><u>Explanation:</u></h3>

Some of the products must be used under certain conditions that are mentioned to be safer. When all these instructions are known by the people the manufacturer need not to mention that under warning conditions. These are known to be the knowledgeable users.  

Some of the products usage is more commonly known by the users of those partticular products. They also know the adverse conditions when they are not used under the conditions that are desirable. In the given example, the temperature sets that are made by the technician is the Knowledgeable User since he knows everything about the working.  

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The LFH Corporation makes and sells a single product, Product T. Each unit of Product T requires 1.5 direct labor-hours at a rat
insens350 [35]

Answer:

the budgeted direct labor cost is $441,000

Explanation:

The computation of the budgeted direct labor cost is shown below:

Budgeted direct labor cost

= Budgeted production ×  hours per unit × rate per hour

= 28,000 units × 1.5 × $10.50

= $441,000

Hence, the budgeted direct labor cost is $441,000

So the correct option is B.

7 0
3 years ago
Fleet, Inc. manufactured 700 units of Product A, a new product, in 20Xl. Product Xs variable and fixed manufacturing costs per u
Ulleksa [173]

Answer:

The change in the dollar amount of inventory is $200 due to change in the inventory costing method.

Explanation:

The variable cost per unit is $6.00 while the fixed cost per unit is $2.00

Variable cost per unit = $6.00

Absorption cost pet units = $8.00

Total cost under absorption costing = Absorption cost per unit / number of units in ending inventory

Total absorption cost = $8.00 × 100 = $800

Total cost under variable cost = Variable cost per unit × number of units in ending inventory

Total variable cost = $6.00 × 100 = $600

Change in cost = Total absorption cost - Total variable cost

Change in cost = $800 - $600 = $200

3 0
2 years ago
Dave Ryan is the CEO of Ryan's Arcade. At the end of its accounting period, December 31, Ryan's Arcade has assets of $632,000 an
o-na [289]

Answer:

a) Stockholders' equity  = $411,690

b) Stockholders' equity  = $477,930

Explanation:

Accounting equation is defined as Assets = Liabilities + Equity.

a) If t the end of its accounting period, December 31, Ryan's Arcade has assets of $632,000 and liabilities of $220,310, the Stockholders' equity as of December 31 of the current year would be determined as follows:

$632,000 = $220,310 + Equity

Stockholders' equity  = $632,000 - $220,310

Stockholders' equity  = $411,690

b) If assets increased by $84,040 and liabilities increased by $17,800 during the next year, then Stockholders' equity would be determined as follows:

$632,000 + $84,040 = $220,310 + $17,800 + Equity

$716,040 = $238,110 + Equity

Stockholders' equity  = $477,930

8 0
3 years ago
Which of the following is not a factor of production?
Nataliya [291]
C. Goods and services
4 0
3 years ago
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stepan [7]

Answer:

The opportunity of exploiting market niches is highlighted in the given scenario.

Explanation:

A market niche is "a small but profitable segment of a market suitable for focused attention by a marketer. Market niches do not exist by themselves, but are created by identifying needs or wants that are not being addressed by competitors, and by offering products that satisfy them. See also market segmentation. "

Reference: WebFinance Inc. “What Is Market Niche? Definition and Meaning.” BusinessDictionary.com, 2019

6 0
3 years ago
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