Answer:
The cost of goods available for sale is $345,000
Explanation:
Beginning finished goods inventory $25,000
Cost of Goods manufactured $320,000
Cost of Goods available for sale,
= Beginning finished goods inventory + Cost of Goods manufactured
= $25,000 + $320,000
= $345,000
Manufacturing and Industry has significantly boosted China's economy.
Answer:tortious interference
Explanation:
tortious interference is a law term that comes to mind when there is a breach of contract resulting from the competitor's actions. Tortious interference in Tort law(an area of law) deals with the situation in which there is damage to property emanating from intentional or negligent acts of the defendant, in this case the competitor in business. In which case the actions(competitive behaviour) of defendant is not justifiable and permissible and simultaneously breaches contract of plaintiff, it becomes tortious interference.
Answer:
1. T=19.5n+91.75, where n<70
2. T=15n+45, where n≥70
Explanation:
1. The first linear function can be expressed as;
Total cost of catering services=(Cost per person×number of people, n)+Service charge
where;
Total cost of catering services=T
Cost per person=$19.50
Number of people=n
Service charge=$91.75
Replacing;
T=(19.5×n)+91.75
T=19.5n+91.75
The first equation: T=19.5n+91.75, where n<70
2. The second linear function can be expressed as;
Total cost of catering services=(Cost per person×number of people, n)+Service charge
where;
Total cost of catering services=T
Cost per person=$15
Number of people=n
Service charge=$45
Replacing;
T=(15×n)+45
T=15n+45
The second equation: T=15n+45, where n≥70
Answer:
Human element; collusion.
Explanation:
In this scenario, Eric Hansen is a receiving clerk who has just been denied a raise. He has approached his subordinate, who is the new storeroom clerk, about diverting inventory to sell for personal gain. This is an example of the human element, which may lead to collusion.
Human element can be defined as a strategic technique for improving and dealing with the way or manner employees work together in a business environment in order to achieve greater organizational performance and accomplishments. Human element can be used to improve openness, sincerity and honesty among the the very many people (employees) working individually or together as a team in an organization.
In this case, when the storeroom clerk agrees to Eric's suggestion, this would lead to both of them diverting inventory to sell for personal gain. This is simply an act of collusion.
Collusion is an illegal cooperation or agreement between two or more people with an ulterior motive, for personal benefits.
