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3 years ago

What does free contract mean?

1 answer:

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In economics, free contract is the concept that people may decide what agreements they want to enter into. Acontract may be described as freewhen it is free from force or fraud.

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Which of the following management responsibilities often involves evaluating the results of operations against the budget?

gayaneshka [121]

Answer: (C) Controlling

Explanation:

The controlling is one of the most important function in the management as it involves proper planning, directing and the organizing all the function in the system.

The main objective of the controlling is that it helps in evaluating the management process and also helps in the error checking in order to taking the various types of decision for the correction purpose.

According to the given scenario, the controlling is one of the management responsibility that involve against the given budget for the purpose of evaluation in an organization.

Therefore, Option (C) is correct.

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3 years ago

What does the purchaser of a product obtain besides the good service or idea itself?

-BARSIC- [3]

A buyer of a manufactured good not only obtains the good itself, amenity, or awareness, but also receives good after-sales services that aid in handling and increasing products efficiently. Providing this kind of services are important to the capability of the business to uphold fruitful relations as well as marketing mixes by creating continuous growth in products and over market research. Providing excellence after-sale deal encourages the goodwill of the business. This competence lets customers not to use money for maintenances for 1 or 2 years of warranty period.

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3 years ago

Read 2 more answers

Why is it important to people with disabilities to get an adapted drivers license?

Harrizon [31]

When people with disabilities get an adapted driver's license, they become better able to independently function and contribute to society. This feeling facilitates successful self-actualization. An adapted drivers license will also alert government officials, whenever necessary, of any special precautions necessary when aiding these drivers in tasks related to their disability, and in providing proper accommodations as such.

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3 years ago

Equipment that was purchased for $900,000 has a current book value of $450,000. Assume a capital gains tax rate of 28%. Compute

natita [175]

Answer:

there is an increase in taxes of $52,192

Explanation:

The computation of the net payment or saving is shown below:

Given that

Book value = $450,000

Sale value = $636,400

since the sales value is more than the book value so here the capital profit is there

Therefore capital profit would be

= $636,400 - $450,000

= $186,400

Now tax would be

= $186,400 × 28%

= $52,192

So there is an increase in taxes of $52,192

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3 years ago

Champagne of the South, Inc., a manufacturer of bottled sweet tea, had the following beginning and ending inventories for the

nekit [7.7K]

Answer:

total manufacturing cost added for the period 105,169

Cost of goods manufactured 106,064

Cost of goods sold 110,564

Explanation:

First, we need to know the amount of direct materials used in production.

beginning raw materials 10,000

purchase 27,000

ending (1,702)

indirect materials (2,129)

direct materials 33,169

now, we calculate the cost added during the period

direct materials 33,169

direct labors 30,000

overhead 42,000

total cost added 105,169

next step, we calculate the cost of goods manufactured from the WIP

WIP 17,895

added 105,169

WIP ending (17,000)

COGM 106,064

And last, the cost of goods sold

beginning finished goods 21,000

COGM 106,064

ending finished goods (16,500)

COGS 110,564

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3 years ago