Answer:
When you reconcile your business bank account, you compare your internal financial records against the records provided to you by your bank. A monthly reconciliation helps you identify any unusual transactions that might be caused by fraud or accounting errors, and the practice can also help you spot inefficiencies.
Macroeconomics is <em>an economics branch that is concerned with the behavior, structure, performance, and decision-making of an economy as a whole.</em> It tends to deal with high-level econometrics including those at a global scale. In contrast, microeconomics, tends to focus on <em>how individuals make decision based on scarce resources. </em>
Thus, from these explanations, the correct answer for the question is (B) tightening the family budget, which is a form of microeconomics.
Answer:
$15,960
Explanation:
The total profit on units sold for the consignor:
= Sales Value - Cost of Goods Sold - Shipping Expenses - Commission - Advertising Expenses - Installation and setup costs
= (40 × $720) - (40 × $220) - [$1,850 × (40/50)] - ($28,800 × 5%) - $470 - $650
= $28,800 - $8,800 - $1,480 - $1,440 - $470 - $650
= $15,960
<span>The cost per unit is derived from the variable costs and fixed costs incurred by a production process, divided by the number of units produced.
Hypothetically lets say variable costs for Kubin company's production is $50,000 and their fixed costs are $25,000.
$50,000 variable costs + $25,000 fixed costs / 21,500 units = $3.49/unit.</span>
Answer:
defective condition,
business of selling,
unreasonably dangerous,
physical harm,
proximate cause,
substantially damaged
Explanation:
the Restatement (Second) of Torts Section 402A
is a law guiding product liability
part of which states that
(1) One who sells any product in a defective manner unreasonably dangerous to the user or consumer or to his property is subject to liability for physical harm thereby caused to
the ultimate user or consumer, or to his property, if
(a) the seller is engaged in the business of selling such a product, and
(b) it is expected to and does reach the user or consumer without substantial change
in the condition in which it is sold.
From the answer to the question given shall follow this order
-defective condition,
-business of selling,
-unreasonably dangerous,
-physical harm,
-proximate cause,
- substantially damaged
Reference:
Robert F. Harchut, Products Liability - Restatement (Second) of Torts - Section 402A
- Uncertain Standards of Responsibility in Design Defect Cases -
After Azzarello, Will Manufacturers be Absolutely Liable in
Pennsylvania, 1978.