Answer:
c. in rem jurisdiction.
Explanation:
Jurisdiction is defined as the power or authority to decide legal cases.
Jurisdiction refers to the practical authority granted to a legal body to administer justice within a defined field of responsibility.
Federal jurisdiction refers to the legal scope of the government's powers in the U.S.A.
In rem jurisdiction refers to the power a court that it may exercise over property against a person over whom the court does not have in personam jurisdiction.
Indiana has <u>in rem jurisdiction.</u>
Answer:
B. is the price at which a firm's total revenues equal total costs
Explanation:
The short run in economics is a period of time in which one factor of production is fixed and others are varied. In the short run, the market is not fully in equilibrium. Break even is the point in which the total cost used in the course of production is equal to the total revenue earned from the products produced. In a break even scenario, there is no profit and there is no loss. At this point, firms are making normal rate of return on money invested and are able to settle all cost of production.
Answer: $9,017.89
Explanation:
Wooten will recognize the present value of $10,100 as it is to be paid to them in a year and the company sees time value of money as a significant component.
= 10,100 * Present value interest factor, 12%, 1 period
= 10,100 * 0.89286
= $9,017.886
= $9,017.89
Answer:
I don't understand what you are asking
Answer:
Fixed overhead volume variance $540 unfavorable
Explanation:
<em>The fixed overhead volume variance is the difference between the budgeted and actual production volume multiplied by the standard fixed production overhead rate per unit.</em>
Overhead absorption rate = Budgeted Fixed overhead/Budgeted units
= 27,000/1000 =$27 per unit
Unit
Budgeted production 1000
Actual production <u> 980</u>
Volume variance 20
Standard fixed overhead cost $<u>27</u>
Fixed overhead volume variance <u> $540</u> unfavorable