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3 years ago

Laws and agencies do not impact our lives on a daily basis. True or False

1 answer:

4 0

Hello,

Here is your answer:

The proper answer to this question is option B "false".

Here is how:

It is regular for a person to get a speeding ticket or break the law somehow on a daily basis.

Your answer is B.

If you need anymore help feel free to ask me!

Hope this helps!

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Morgan signs a contract with Shane agreeing to work with him for a movie. Halfway through the production of the movie, Shane dec

Mice21 [21]

Answer:

(b) Shane has to pay $20,000 to Morgan for breach of contract

Explanation:

In the situation, it is given that Shane decides to quit as he gets another job so he breaks the contract instead of finishing his work on time.

Due to breach of contract, Shane has to pay $20,000 to Morgan because it is written in the party that if any party breaks the contract than he has to pay the amount. But due to some unnatural causes, no one has to pay.

In the given case, Shane has deliberately broken the contract so it is compulsory to pay the $20,000 to Morgan.

Hence, option b is correct

5 0

3 years ago

The movement of parts from one area of the factory to another is considered a value-added activity whereas the storage of raw ma

ivanzaharov [21]

Answer:

TRUE

Explanation:

Value can be defined as the thing for which an customer is willing to pay the price. It is the activity on any shop floor or business for delivering the product or service to the customer for which the customer is ready to pay the price for it.

If the customers does not wish to pay the price, then there is no value.

So inside a factory, in a shop floor, moving a part from one place to another for making a product that the customer is willing to pay is a value added activity. But excess movement or transportation of product does not any value to it, it is then considered as a waste.

Also storing of products is a non value activity as storing a product will not help the customer in any way and a customer will not pay for a product when it is stored and is of no use to the customer.

4 0

3 years ago

One of the reason why there's a need for human resource planning

stepladder [879]

To make an income and earn

7 0

2 years ago

At the end of a recent year, Anderson Cleaning Service, a full-service house and office cleaning service, had total assets o

marysya [2.9K]

Answer:

Anderson Cleaning Service's liabilities were $2,160

Explanation:

Basing on accounting equation:

Total asset = Liabilities + Owner's (or Stockholders') Equity

Liabilities = Total asset - Owner's (or Stockholders') Equity

At the end of a recent year, Anderson Cleaning Service had total assets of $5,810 and equity of $3,650

Anderson Cleaning Service's liabilities = Total asset - Equity = $5,810 - $3,650 = $2,160

7 0

3 years ago

Tiny went back to his office after the meeting and began to crunch the numbers on the rapid inflator. At a price of $10 per unit

Artist 52 [7]

Solution and Explanation:

Part A - Inflatable divisions's Current Return on Investment = Yearly Earnings / Investment Cost * 100

There the Inflatable Division is Currently Earning $ 250,000 annually from an Asset base of $ 1,250,000

Therefore, ROI = $250000 / 1250000 * 100=20 \%$

Part B - Let the maximum variable cost be X.

Given that - 1. Selling Price per Unit = $10 , 2. No of Units to be produced = 40000 , 3. Annual Fixed Cost = $ 140000

Therefore , ROI = Current Earning + New Earning / Current Assets + New Assets

20% = $250000+[(10-\mathrm{X}) * 40000-\underline{140000}] / 1250000+100000$

Solve for X getting, X = 6

Therefore maximum variable cost it can incur without change in current ROI is $ 6 per unit

Resulting Contribution Margin per Unit = SP - VC = $10 minus $6 = $4 per unit

part C - Minimum Transfer Lightning division Should charge

Given Information - Capacity of Lightning division is 150000 units and Utilized capacity is 135000 units. Therefore Spare capacity is 15000 units .Also Market Price of Product of Lightning division is $ 5 and Variable cost is $3 per unit.

So for the First 15000 units of Requirement of Inflatable division - Transfer Price should be Variable cost i.e $ 3 per unit because Lightning division has spare capacity in this.

For the next 25000 units of requirement of Inflatable division - Transfer Price should be Market Price i.e $ 5 per unit as Lightning division has to reduce is external sale.

Therefore Minimum TP = 1 $5000 * 3+25000 * 5 / 40000=\$ 4.25$ per Unit

Part D - No, Here Tiny offers to transfer $4 ( $6 - $2 ) per unit to Lightning division. However the minimum TP Lightning should get is 4.25 per unit and if less than this TP is offered by Tiny it will lead to loss in the Lightning Division.

3 0

3 years ago