Answer:
B. Partial performance.
Explanation:
Partial performance is the place one party finishes performance under an oral contract – may make the oral contract enforceable, regardless of the Statute of Frauds. A party must exhibit his performance was exclusively inferable from the oral contract.
Answer:
1.Since there is spare capacity in the consumer division, the acceptable transfer prices are variable cost per unit - market price per unit
i.e. $104-$150
The transfer price should be set in between the two. However, $150 is an appropriate price
2. Income will increase as follows:
Consumer Division = (115-104)*2880 = $31,680
Commercial Division = (150-115)*2880 = $100,800
Company = $132,480
3) check the attached file
4.Income will increase as follows:
Consumer Division = (126-104)*2880 = $63,360
Commercial Division = (150-126)*2880 = $69,120
Company = $132,480
Explanation:
check attached files for explanation well detailed.
Answer:
B. a well respected chairman of the Federal Reserve suddenly resigns
Explanation:
A non diversificable risk is a risk that cannot be eliminated by diversifying a portfolio. It is dependent on the market conditions. E.g. recession, war.
A diversificable risk is a risk that can be eliminated by diversifying a portfolio. Examples include: a key employee suddenly resigns and accepts employment with a key competitor, a well managed firm reduces its work force and automates several jobs.
I hope my answer helps you.
Answer: Theory X
Explanation: In simple words, theory X refers to the management style in which the manager assumes that his or her subordinates are inefficient and irresponsible workers who need strict disciplinary monitoring.
In such a management style, the managers oversee every step that their subordinates takes and do not give them authority to make decisions. Promotion and other such kinds of appraisals are completely dependent on tangible results.
This kind of management and leaderships style is usually used for employees who have less work experience and needs strict management guidance.
Answer:
$19,200 Unfavorable since more material is used.
Explanation:
The company made 4,200 units, so 4,200 yards of material should be used (based on initial plan of using 1 yard per unit), but they actually used 3,960 yards.
Therefore,
Materials quantity variance:
= (Material should be used - Material they actually used) × Plastic actual cost per yard
= (4,200 - 3,960) × $80
= 240 × $80
= $19,200 Unfavorable since more material is used.
