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Volgvan
3 years ago
7

Cara Fabricating Co. and Taso Corp. agreed orally that Taso would custom-manufacture a compressor for Cara at a price of $120,00

0. After Taso completed the work at a cost of $90,000, Cara notified Taso that the compressor was no longer needed. Taso is holding the compressor and has requested payment from Cara. Taso has been unable to resell the compressor for any price. Taso incurred storage fees of $2,000. If Cara refuses to pay Taso and Taso sues Cara, the most Taso will be entitled to recover is:
a. $92,000
b. $120,000
c. $105,000
d. $122,000
Business
1 answer:
Svetradugi [14.3K]3 years ago
3 0

Answer:

D. $122,000

Explanation:

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Given some of the apparent problems with Wilkerson’s cost system, should executives abandon overhead assignment to products enti
Aneli [31]

Answer:

Current issues in the framework by regarding fabricating costs as a period cost  

Assembling overhead is evaluated bu increasing direct work with 300%. This estimation isn't exact and doesn't speak to how the genuine variable sub-costs that form the manufacturing overhead act for example machine related costs, arrangement work, getting and creation control, designing, bundling and sending. In spite of the fact that there could be a connection between the measure of direct work cost and the all out manufacturing overhead, this present strategy for estimation is dubious and ignores the real segments of manufacturing overhead.  

Advantage of Product Cost  

Increasingly exact impression of the inconstancy of the sources for example on the off chance that there are five factors, it is more precise than one.  

Advantage of Period Cost  

Treating manufacturing overhead as a period cost implies that it stays simpler to contrast Wilkerson's and a rival, given that contender likewise treats manufacturing overhead as a period cost for example it is simpler to analyze like-for-like

6 0
3 years ago
On September 1, 2021, Custom Shirts Inc. "entered into a lease agreement appropriately classified as an operating lease". The le
Savatey [412]

Answer: Please refer to the explanation section

Explanation:

The question is not clear in terms of when is the financial year end, we only its 2021. We will assume the financial year started in January 2021 and ended December 2021

Operational Lease is an agreement where the lessor (owner of the asset)  allows the lessee (user of the asset) to only use the asset without the transfer of ownership. Ownership of the asset is not transferred to the lessee/ user of the asset. lease Payments/ Rental payments are considered as expenses and are recognize in the income statement.

Custom Shirts Inc entered into a Lease agreement on the 1st of September 2021. assuming the financial year ends on December 2021, the expense Recognized in the Income statement for the year ended December 2021 will

$ 24000 x 4 months/12 months =$ 8000

8 0
3 years ago
When building a new residential development or mall, a national real estate organization typically does not remove many trees, b
SCORPION-xisa [38]

Answer:

The answer is: B) sustainability

Explanation:

Sustainability refers to meeting today's needs without compromising or jeopardizing the future generations' ability to fulfill their needs. Sustainability focuses on three main areas:

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5 0
3 years ago
Hearthstone, Inc., a home healthcare​ firm, has been using a single predetermined overhead allocation rate with direct labor hou
marta [7]

Answer:

Correct answer is B.

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Explanation:

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Total miles driven = 3500

Overhead allocation rate = total estimated cost/total miles

= 94000/3500

=26.85714 or 26.86

3 0
3 years ago
Rates of operant responding are _____________ for fixed-ratio than for fixed-interval schedules; they are _____________ for vari
inn [45]

Rates of operant responding are <u>higher</u> for fixed-ratio than for fixed-interval schedules; they are <u>higher</u> for variable-ratio then for variable-interval schedules.

Rates of operant responding are higher for fixed-ratio because on the interval contingency the higher response rates observed on ratio than on matched interval reward schedules has been assigned to the differential reinforcement of longer inter-response times (IRTs).

In the fixed-ratio schedule, as the ratio increases, resistance to extinction increases. On the other hand, in the fixed-interval schedule, resistance to extinction increases as the interval lengthens in time.

Hence, rates of operant responding are higher for fixed-ratio and for variable-ratio.

To learn more about rates of operant here:

brainly.com/question/28136293

#SPJ4

4 0
2 years ago
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