Answer:
33%
Explanation:
By virtue of been having 10% interest in Trumpet Partnership, Jack has a 10% share out of 30 percent owned by Trumpet Partnership (0.10 * 30=3%).
Additionally, his own 30 percent is still pay of his direct and constructive ownership of BJT Corporation, thus making his total direct stand at 33%.
Answer:
139 units
Explanation:
In order to compute the number of orders place each year so that it can minimize the total inventory cost we need to use the economic order quantity formula i.e shown below:
The computation of the economic order quantity is shown below:

where,
Annual demand = 80,000 cases
Ordering cost = $12
And, the carrying cost = $100
Now placing these values to the above formula
So, the economic order quantity is

= 139 units
Answer:
Maxwell will win this case, as per division 2 of UCC, seller bears the cost for loss under implied warranty of fitness, if the goods do not meet the ordinary purpose or is inefficient.
Explanation:
Given in this case, Maxwell is applying "Universal Commercial Code (UCC)" division 2 provision, which defines all the goods and services.
A movable property, which can be sold from seller to the buyer at certain prices are called goods. Therefore, in this case, "Raw Cream" comes in the definition of goods, as it is directly sold to Maxwell by the grocery shop.
Maxwell will win this case, as per division 2 of UCC, seller bears the cost for loss under implied warranty of fitness, if the goods do not meet the ordinary purpose or is inefficient.
Answer:
$41,000.
Explanation:
The computation of the amount of direct materials cost charged to completed jobs is shown below:
= Direct Material cost - charging cost in direct material cost
= $57,000 - $16,000
= $41,000
By subtracting the charging cost that added in the direct material cost from the direct material cost we can find out the direct material cost charged that is computed above.