Answer:
Based on the EMV value, the best choice is to use Two suppliers
Explanation:
Is necessary to consider different amount of suppliers and evaluate the cost. We will choose the number of suppliers which offers a lower cost.
- EMV1 = cost of shutdown*super event risk + cost of shutdown*unique event risk + cost of managing supplier = 480000*.02 + 480000*0.05+16000 = 9600 + 24000 + 16000 = $ 49600
- EMV2 = cost of shutdown*super event risk + cost of shutdown*unique event risk of each supplier*unique event risk of each supplier + cost of managing 2 suppliers = 480000*.02 + 480000*0.05*.05+16000*2 = 9600 + 1200 + 16000*2 = $ 42800
- EMV3 = cost of shutdown*super event risk + cost of managing 3 suppliers = 480000*.02 + 480000*0.05*.05+16000*2 = 9600 + 16000*3 = $ 57600
Based on the EMV value, the best choice is to use Two suppliers
Answer:
b.
The store is not liable to Nelson.
Explanation:
These are options for the question
.
The store is strictly liable to Nelson.
b.
The store is not liable to Nelson.
c.
Res ipsa loquitur would require the store to be held liable.
d.
The store has no duty to Nelson.
From the question, we are informed about the local supermarket which has a large, glass front door which is well lighted and plainly visible. Nelson, who is new in the neighborhood, mistook the glass for an open doorway and walked into it, shattering the door and injuring himself.
Under the Second Restatement, the store is not liable to Nelson. Second Restatement are legal treatises that pronounce some rules as far as law is concerned.it inform judges about general principle, therefore, under this second Restatement the store is not liable to Nelson in anyway even though he sustained some injury from the store.
Answer:
gross income amount = $51,900
Explanation:
given data
received compensation = $51,900
received interest from municipal bond = $455
solution
we get here amount of Lebron's gross income that is
gross income amount = only received compensation here
receive interest from municipal bond is not consider here for gross income
so here gross income amount will be only here
gross income amount = $51,900
Answer:
Direct material price variance= $13,800 unfavorable
Explanation:
Giving the following information:
Simpleton, Inc. budgeted a material cost of $10 per lb.
Actual:
2,300 lbs at $16 per lb.
<u>To calculate the direct material price variance, we need to use the following formula:</u>
<u></u>
Direct material price variance= (standard price - actual price)*actual quantity
Direct material price variance= (10 - 16)*2,300
Direct material price variance= $13,800 unfavorable
Any point on a country's production possibilities frontier represents a combination of two goods that an economy can produce. A production possibility frontier also know as PPF shows the maximum output that two goods or services can achieve when all of the resources are being used. For this graph to show the true possibilities, all of the resources have to be used to their full potential as efficiently as possible.
