Answer:
Allocated costs= $9,900
Explanation:
Giving the following information:
The Administrative Department costs are allocated to the other three departments based on the number of employees in each.
Costs:
Administration= $30,000
No. of employees:
Maintanance= 2
Assembly= 6
Packaging= 4
First, we need to calculate the proportion of employees in each department:
total employees= 12
Maintanance= 2/12= 0.17
Assembly= 6/12= 0.5
Packaging= 4/12= 0.33
Now, we can allocate the administrative costs to Packaging:
Allocated costs= 0.33*30,000= $9,900
Answer:
Hammer would prevail against Kay based on:_______.
A. Unilateral contract.
Explanation:
A unilateral contract is a contract created by an offer that can only be accepted by performance. To form the contract, the party making the offer (called the “offeror”) makes a promise in exchange for the act of performance by the other party.
in relation to the case in the contract, Hammer had carried out the duties expected of him thus making the contract valid under a unilateral contract.
since in a unilateral contract, the offer can only be accepted when the other party completely performs the requested action.
Hence Hammer would prevail against Kay based on Unilateral contract.
The federal reserve is the central bank of the United States of America. It is considered as an independent bank because it does not need permission from the President to make transactions. Moreover, it does not benefit from the Congress' budget. The federal reserve only gives emergency loans to commercial banks during times of crisis to prevent bankruptcy.
