1. If Milo should try to sue Jess, the court will decide that
- that the parties had a contract, but the damages could not be ascertained because the hourly rate and number of hours had not been determined.
2. Yes, Sylvia will have to pay Sarah for painting the store, even though she did not verbally agree to the contract.
3. The store manager is most likely to explain to Arlene here that the advertisement is a valid offer, and the store must honor the price in the advertisement.
<h3>What is a business contract?</h3>
A contract can be referred to as business arrangements. They are very enforceable in the case of a breach by a court of law.
A business contract usually makes specifications concerning when a business would be done, the completion, and the payment for the goods and services rendered.
One has to fully understand the terms of a contract before they go ahead to sign documents.
Read more on contracts here: brainly.com/question/984979
I think the most appropriate answer would be "a car dealership salesman" would be the opportunity cost.
I hope it helped you!
Answer:
Schedule of cost of goods manufactured & Sold
Particulars Amount
Direct materials used $15
Direct labor $20
Factory overhead Applied <u>$30</u>
(150% of DL Cost)
Total manufacturing costs $65
Add: Beginning WIP <u>$25</u>
Total cost of work in process $90
Less: Ending WIP <u>$10</u>
Cost of goods manufactured <u>$80</u>
Particulars Amount
Cost of goods manufactured $80
Add: Beginning finished goods inventory <u>$5</u>
Cost of goods available for sale $85
Less: Ending finished goods inventory <u>$15</u>
Cost of goods sold <u>$70</u>
<u />
Answer:
total equivalent units for materials = 6,310
Explanation:
700 units in beginning work in process:
- materials: 70% complete, $8,700, completed 490 equivalent units, not completed 210 units
- conversion: 10% complete, $3,700
units started in to production 6,400
units transferred out 5,600
ending work in process 1,500
- materials: 80% complete, completed 1,200 equivalent units for materials
- conversion: 25% complete
materials added $92,200
conversion costs added $269,600
equivalent units for materials:
- beginning WIP equivalent units to be completed = 210
- units started and completed = 5,600 - 700 = 4,900
- ending WIP = 1,200 equivalent units
- total equivalent units for materials = 6,310
