<span>That there was no contractual obligation binding on Kandis to keep house and that it was just a 'gentlemen' agreement between the two. The court will observe that in the absence of a written agreement Kandis still has ownership rights. The situation is exasperated if there were no witnesses to the payment of the down payment.</span>
Answer:
Beginning units are 6,000
Desired ending units are 10,000
Explanation:
The required production unit + beginning FG units would be equal to the ending FG units + expected unit sales
Beg FG + 104,000 = End FG +100,000
6,000 + 104,000= 10,000 + 100,000
110,000 = 110,000.
Beg FG = 6,000
End FG = 10,000
Answer:
Net asset value is $4,104,500 in total and $63.15 per share
Explanation:
Stock Shares Price Total value (Share x Price)
A 13,500 $83 $1,120,500
B 33,000 $16 $528,000
C 20,000 $59 $1,180,000
D 71,000 $21 <u> $1,491,000</u>
Total <u>$4,319,500</u>
Net Asset = $4,319,500 - $215,000 = $4,104,500
NAV = $4,104,500 / 65,000 = $63.15 / share
Answer:
Option A is correct
OAR = $10.5 per hour
Explanation:
Overhead absorption rate(OAR) = Estimated overhead/Estimated labour hours
Estimated labour hours = (4×1,000) + (3×2,000)=10,000 hours
OAR = $105,000/10,000 hours = $10.5 per hour
OAR = $10.5 per hour