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Westkost [7]
3 years ago
13

_____ refers to what each party gets in exchange for his or her promise under a contract.

Business
1 answer:
wlad13 [49]3 years ago
4 0
Consideration refers to what each party gets in exchange for his or her promise under a contract. A contract has four elements: agreement, consideration, contractual capacity, and legal object. Agreement refers to the contract itself, consideration to the results of the contract, contractual capacity represents your legal ability to sign the contract, and legal object is the purpose of the agreement.
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Webster Corporation is preparing a master budget for the first quarter. The company budgets production of 2,960 units in January
-Dominant- [34]

Answer:

$59,410

Explanation:

With regards to the above information, we need to calculate first, total number of units for first quarter of the year.

Total number of units for first quarter of the year = 2,960 + 2,740 + 3,440

= 9,140

But, each unit requires 0.5 hours of direct labor.

It therefore means that;

1 unit need ----- 0.5 hours of direct labor

9,140 ----- ?

= (9,140 × 0.5) / 1

= 4,570 hours.

Finally, we will multiply the total hours by the payment per hour, or direct labor rate; which is $13 per hour.

= 4,570 × $13

= $59,410

Therefore, the budgeted direct labor cost for the first quarter of the year is $59,410

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3 years ago
Which skill is most important in a candidate applying for the position of a security officer?
KatRina [158]

i believe the answer is c but don’t quote me on it

7 0
3 years ago
SUB TO ME thunderoflight12 PLSSSSSSSSSSSSSSS I WILL MARK BRAINLYIST IF YOU DO FOR ALL MY THINGS
qwelly [4]
I will look at your profile and see if I can subscribe based on your content
7 0
3 years ago
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Havermill Co. establishes a $250 petty cash fund on September 1. On September 30, the fund is replenished. The accumulated recei
kenny6666 [7]

Answer:

Given that,

Petty cash fund on September 1 = $250

Office Supplies = $73

Merchandise inventory = $137

Miscellaneous expenses = $22

Fund has a balance = $18

When Petty Cash fund is reimbursed,

the expenses incurred through Petty Cash are recorded by debiting those expense.

Therefore, all the expenses incurred to be debited from the accounts.

Hence, the journal entry to record the reimbursement of the fund on September 30 includes a debit of Office Supplies for $73.

5 0
3 years ago
The study of​ ________ reveals a number of ways to enhance your relationship strategy and add value. this helps the salesperson
tamaranim1 [39]

The answer to the blank space is etiquette and manners.

When a salesperson receives training to enhance their etiquette and manners, it would help with their self-confidence when meeting potential clients or customers. It would also help them in establishing a good relationship with these individuals, since people are more receptive to people with good manners.

4 0
3 years ago
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