Answer:
The correct answer is: Trip's price = $250.
Explanation:
According to the number of applicants, it is estimated that the price that can be charged to people is $ 250. If you wanted to charge even less, the trip could not take place because you would not meet the breakeven point.
It should be known that in addition to the above, a profit margin is calculated that is understood as the percentage that the organizer has left for the trip.
Answer:
1.a Yes
1. b $3,000
2. Work-In-Process
Explanation:
1. a. Overhead rate in percentage = Total overhead ÷ Direct labor
= $6,000 ÷ $8,000
= 75%
Yes, Overhead cost will be applied on Job W at the year end
b. Overhead Cost = Direct Labor Cost × Overhead rate in percentage
= $4,000 × 75%
= $3,000
2. In the Financial statement cost included in Job W's will be recognized as Work-In-Process
Answer:
Stakeholders.
Explanation:
Stakeholders are the group of people who may be interested in the processes of a particular company. They are formed by the group of employees, suppliers and customers, who are the stakeholders in the organization.
Therefore, it is necessary that strategic actions and business processes are aimed at satisfying the interests and needs of stakeholders, who are the company's public, that is, the reason for the existence of a company.
It is important for the company to identify who its stakeholders are and how they directly impact the business, so that it can shape a strategy that is aligned with its interests and what they expect from the company.
Satisfying stakeholders and adopting corporate governance, contributes to the company having a strong market position and achieving several competitive and strategic advantages in the market, increasing its results and profitability.
Answer: True
Explanation:
Repudiation of a contract means that one party is unwilling or has resigned not to perform their duties as expressed in the contract.
As this is the basis for which the contract was entered to, refusing to do it entitles the other party to cancel the contract as it no longer serves its purpose.
Answer:
10,238.08
Explanation:
Data provided as per the question
Annual payment = $30,000
Implicit lease = 11%
The computation of per equal payment is shown below:-
Four equal annual payment and $1 = 3.10245
Present value = $30,000 × 3.10245
= 93,073.5
First year interest expense = 93,073.5 × 11%
= 10,238.08
Therefore the first year interest expense = 10,238.08 and hence option is not available. Also there is misprint of 11% so I corrected.