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Fiesta28 [93]
3 years ago
7

One party is prohibited from disclosing confidential information, technologies, or processes utilized by the other party during

the project to anyone else or using it for any purpose other than work on the project.
O True
O False
Business
2 answers:
Ksenya-84 [330]3 years ago
7 0

Answer:

True

Explanation:

Disclosure of Proprietary information prohibit one party from disclosing confidential information, technologies, or processes utilized by the other party during the project to anyone else or using it for any purpose other than work on the project.

Leokris [45]3 years ago
3 0

Answer:

The statement is: True.

Explanation:

While being part of a project, the project members in most cases sign a <em>confidentiality agreement</em> in which they are bound to share information regarding the plan being developed only for work purposes within the project's work-frame. Sharing information outside this scenario could be categorized as a fault since other parties could take advantage of the data to simulate similar projects without being involved in the creation of the venture model.

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The ledger of American Company has the following work in process account. Work in Process—Painting 5/1 Balance 3,690 5/31 Transf
liubo4ka [24]

Answer:

How many units are in process at May 31?

physical units ending WIP:            740

equivalent units WIP materials:    740

equivalent units WIP conversion: 296

Explanation:

We will add the beginning and started units, then subtract the trasnaferrd out to get the ending WIP inventory.

physical units:

beginning             490

started                1,650

transferred-out<u> (1,400) </u>

ending                  740

Now we will multiply by the percentage of completion to get the equivlent units of WIP on each category:

<u>equivalent units for ending WIP:</u>

materials    740 x 100% = 740

conversion 740 x 40% = 296

4 0
3 years ago
A business operated at 100% of capacity during its first month, with the following results: Sales (90 units) $90,000 Production
umka21 [38]

Answer:

d.$18,900

Explanation:

Gross Profit is the net of Sales value and production cost in the period for the units sold. Under absorption costing all the direct and indirect costs incurred in the production of products are included in the total production cost. As the cost is available for 100 units produced we need to calculate the cost of 90 unit and deduct this cost from the sales value to determine the gross profit and then deduct the operating expenses to calculate the operating income.

Sales (90 units)                                                                  $90,000

Less: Production costs:

Direct materials ( $40,000 x 90/100 )              $36,000

Direct labor ( 20,000 x 90/100 )                       $18,000

Variable factory overhead ( 2,000 x 90/100 ) $1,800

Fixed factory overhead ( 7,000 x 90/100 )      <u>$6,300</u>

Total Production cost                                                       <u>($62,100)</u>

Gross Profit                                                                        $27,900

Less Operating expenses:

Variable operating expenses $8,000

Fixed operating expenses      $1,000

                                                                                          <u>($9,000)</u>

Operating Income                                                             <u>$18,900</u>

6 0
3 years ago
The Phoenix Corporation's fiscal year ends on December 31. Phoenix determines inventory quantity by a physical count of inventor
lutik1710 [3]

Answer:

1. Merchandise held on consignment for Trout Creek Clothing.

  • Excluded from the company's year-end inventory because they belong to another company.

2. Goods shipped f.o.b. destination on December 28 that arrived at the customer's location on January 4.

  • Included in the company's year-end inventory because FOB destination shipments transfer ownership only after they are delivered, not while on transit.

3. Goods purchased from a vendor shipped f.o.b. shipping point on December 26 that arrived on January 3.

  • Included in the company's year-end inventory because FOB shipping point shipments transfer ownership after they leave the seller's facilities.

4. Goods shipped f.o.b. shipping point on December 28 that arrived at the customer's location on January 5.

  • Excluded from the company's year-end inventory because FOB shipping point shipments transfer ownership after they leave the seller's facilities, so they belong to the buyer now.

5. Phoenix had merchandise on consignment at Lisa's Markets, Inc.

  • Included in the company's year-end inventory because merchandise on consignment belong to the company, not to Lisa' Market.

6. Goods purchased from a vendor shipped f.o.b. destination on December 27 that arrived on January 3.

  • Excluded from the company's year-end inventory because FOB destination shipments transfer ownership only after they have been delivered, not while in transit.

7. Freight charges on goods purchased in 3.

  • Included in the company's year-end inventory because freight costs under FOB shipping point are paid by the buyer.

3 0
3 years ago
Mr. Smith, the special education teacher, called Tim's parents to schedule a meeting to update information on Tim's progress on
topjm [15]

Answer:

b

Explanation:

ebbbbdbjdbvbksb jbejbkgbksn

7 0
1 year ago
Your $6100 investment grows to $12200 over the course of 9 years compounded quarterly. what interest rate did you receive on you
k0ka [10]
The formula is
A=p (1+r/k)^kt
A future value 12200
P present value 6100
R interest rate ?
K compounded quarterly 4
T time 9 years

Set the equation and solve for r (interest rate)
12200=6100 (1+r/4)^(4×9)
Divide both sides by 6100
12200/6100=(1+r/4)^(36)
2=(1+r/4)^(36)
Take the root of 36 for both sides
2^(1/36)=1+r/4
R= (2^(1/36)-1)×4
R=(2^(1÷36)−1)×4
R=0.0778×100
R=7.78%

Hope it helps!
6 0
3 years ago
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