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Westkost [7]
4 years ago
7

Tasha was selling siding and her boss told her that she could hide an extra charge for trim in the total, even though the custom

er was told he would not be charged for trim. tasha was told this was standard practice for the siding company. if the customer takes legal action for this, who is most likely liable?
Business
1 answer:
Monica [59]4 years ago
7 0
<span>If the customer takes legal action for this, both Tasha and the siding company are liable because both misled the customers and they did this intentionally.

But Tasha was told that </span><span>this was a standard practice for the siding company, so she is doing her job as told by the company but doing this will misled the customers so that is why both are liable.</span>
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nikdorinn [45]

Answer:

Firsthand information, Expand your professional network

Explanation:

Plato

8 0
3 years ago
Grouper Ltd. estimates sales for the second quarter of 2017 will be as follows.
Alona [7]

Answer:

July production = 2,660 units

raw materials per unit = $6

ending inventory of raw materials = 50% of next month production

<h2>          RAW MATERIALS PURCHASES</h2>

                                               April                  May                June

units to be produced           2,200                 2,130              2,330

+ ending inventory                1,065                 1,165               1,330

EU raw materials

- beginning inventory           -1,100               -1,065              -1,165

<u>EU raw materials                                                                              </u>

total direct materials

purchases (in units)               2,165                2,230             2,495

cost of direct materials             $6                      $6                  $6

<u>per unit                                                                                              </u>

total purchases                 $12,990           $13,380          $14,970

8 0
4 years ago
What is the role of accounting in business?
amid [387]
The role of accounting is to provide you and any other stakeholders with financial information about the company, such as sales revenue, the cost of benefits and the amount you owe your suppliers. Without the information from your accountants, you can't make good financial decisions for your business.
4 0
3 years ago
Starr Company reports the following information for August. Raw materials purchased on account $ 76,200 Direct materials used in
il63 [147K]

Answer:

1. Raw materials purchased.

Raw Materials Account $ 76,200 (debit)

Account Payable $ 76,200 (credit)

2. Direct materials used in production.

Work In Progress Account $48,000 (debit)

Raw Materials Account $48,000 (credit)

3. Direct labor used in production.

Work In Progress Account $15,350 (debit)

Wages and Salaries $15,350 (credit)

4. Applied overhead.

Work In Progress Account $18,360 (debit)

Manufacturing Overhead Account $18,360 (credit)

Explanation:

1. Raw materials purchased.

Raw Materials Account $ 76,200 (debit)

Account Payable $ 76,200 (credit)

Recognise the Assets of Raw Materials and a Liability - Account Receivable

2. Direct materials used in production.

Work In Progress Account $48,000 (debit)

Raw Materials Account $48,000 (credit)

De-recognise the Raw Materials used in production and recognise the cost in Work In Progress Account

3. Direct labor used in production.

Work In Progress Account $15,350 (debit)

Wages and Salaries $15,350 (credit)

Recognise the labor cost in Work In Progress Account and de-recognise the Wages and Salaries Account with the amount applied to production

4. Applied overhead.

Work In Progress Account $18,360 (debit)

Manufacturing Overhead Account $18,360 (credit)

De-recognise the Manufacturing Overheads used in production and recognise the cost in Work In Progress Account

4 0
3 years ago
The income effect of an increase in the price of salmon A. refers to the effect on a​ consumer's purchasing power which causes t
FrozenT [24]

Answer:

The correct answer is option A.

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When the price level increases, the real income of the consumer will fall. As a result, the consumer will demand less.

The income effect can be both direct and indirect.

5 0
3 years ago
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