Answer:
Total cost= $2,000
Unitary cost= 2 per unit
Explanation:
Giving the following information:
Lot=100 skateboards
Direct materials= $600
Direct labor costs= $200
Overhead is applied using a rate of 150% of direct materials costs.
To calculate the total cost, first, we need to allocate overhead:
Allocated MOH= Estimated manufacturing overhead rate* Actual amount of allocation base
Allocated MOH= 1.50*600= $900
Total cost= 900 + 200 + 900= $2,000
Unitary cost= total cost/number of units
Unitary cost= 2,000/100= $2 per unit
Answer:
Yes, Allstate was liable
Explanation:
Ramsey v. Allstate insurance co., 2013 wl 467327 (6th cir. 2013)
An implied contract differs from an express contract in that the way the parties act, rather than their words, defines the terms of the contract. Implied contracts exist if one party furnishes a service or property and expects to receive something in return. The other party must know (or should know) about the expectation of something in return and has to have a chance to reject the contract.
Douglas expected to get home insurance because he paid for it, and Allstate had the chance to cancel the home insurance policy but they didn't.
Answer:
Please see attachment for the entry
Explanation:
Look at attachment carefully
The statement above is FALSE.
Loews conglomeration is into many businesses including hotels, insurance, watches, oil, gas, tobacco, etc. The diversification strategy of the company is to buy up firms that are in financial mess, turn them into profitable ventures and then sell them at a premium. They also diversified by investing into new business fields.
A) to see how their money will be used