B YOU CAN ONLY CONTRIBUTE UP TO MAXIUM AMOUNT PER YEAR
Answer:
Anticipatory repudiation.
Explanation:
Penelope's attitude or follow up towards her ordeal above is an example of anticipatory repudiation.
This is also termed an anticipatory breach, is a term in the law of contracts that describes a declaration by the promising party to a contract, that he or she does not intend to live up to his or her obligations under the contract.
It generally is a breach that constitutes material of contracts that discharge the promisee from all the obligations that they are under.
Itoccurs when the promisor indicates before the time for his performance that he is unwilling or unable to carry out of the contract.
$29760, overhead would be allocated to a job if it required total labor costing $24,000. Thus, option (a) is correct.
What is labor?
The term “labor” refers to the work involved in the provision of the services. Labor is the exchange of the services of money. Labor is an important part of the economy. Labor is to produce goods and services for the industry.
Determining the overhead:-
A company overhead application rate of 124%.
The total labor costing $24,000.
How much overhead = ?
Total overhead applied would be equal to
=(124% × $24000)
which is equal to
=$29760.
As a result, the overhead of labor are, $29760. Therefore, option (a) is correct.
Learn more about on labor, here:
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