Because the % discounts cannot be added to calculate the final price.
The first discount is over the original price but the second discount is over the already discounted price.
You can find a combined factor if you multiply the two factors.
Discount of 25% => Factor = 0.75
Now you can find the combined factor by multilplying 0.75*.75 = 0.5625
That means that the final price will be the original price times 0.5625 (or what is the same that the discount is 100 - 56.25 = 43.75%.
Then the operation results in a higher price than if you multiply by 0.5 (50% discount).
In conclusion the discount resulting from two consecutive 25% discounts is less than a 50% discount.
Answer:A. unenforceable due to the preexisting duty rule.
Explanation: Preexisting rule is a common rule in law that is concerned with contractual agreement or obligations.
The pre-existing rule tends to state that when two parties in a contract have already agreed to the contract terms and conditions through signatures etc, any other request by any party to the modification of the contract can not be binding on either of the parties involved in the contract.
Answer: Option C
Explanation:
A. Achievement of organizational goals is the result for which the controlling process is initiated.
B. Taking corrective action is the second last step in controlling process.
C. Controlling process starts with the establishment of standards from which the actual performance will be compared.
D. Comparison is the second step in controlling process.
E. Identification will be done only after the comparison and detection of deficiencies in the process.
To solve add up all of the product costs which include, factory supplies, administrative wages and salaries, direct materials and sales staff salaries.
$7,000 + $92,000 + $176,000 + $32,000 = $307,000
Answer:
$604,800
Explanation:
Applied manufacturing overhead is the manufacturing overhead that has been applied to production in a period.
it is calculated with the formula "budgeted overhead rate * actual labor hr"
Budgeted manufacturing overhead = $562,800
Budgeted Direct labor hours = 20,100
Budgeted Overhead rate = 562800/20100 =$28/hr
Actual manufacturing overhead = $543,705
Actual direct labor hours = 21600
Amount of manufacturing overhead applied = predetermined overhead rate * actual hr =28*21600
=$604,800
