The incremental costs that can be deduced include the cost for materials, overhead, and labor that are associated with the actual closing process.
Incremental cost simply means the total cost that's incurred as a result of an additional unit of product that is being produced.
It's simply calculated by analyzing the additional expenses that were spent by the company. They are the cost for materials, overhead, and labor that are associated with the actual closing process.
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Answer:
d. She is discharged from performance because of impossibility of performance.
Explanation:
Alice's refusal to keep Creaky and Toady can be based on fact that She is discharged from performance because of impossibility of performance. Discharge of contract by impossibility of performance usually occurs when the contractual duty cannot be performed due to unforeseen and uncontrollable circumstances, such as death, illness etc, which can lead to the party been released from a contract on the ground that such uncontrollable circumstances have rendered performance impossible.
Answer:
For indoor = $88,756
For outdoor = $72,666
Explanation:
The computation of the amount of overhead assigned to each product line is given below:-
<u>Traditional Costing
</u>
<u> Machine Hours Overhead Assigned
</u>
Indoor Model 27,000 88,756
($124,916 ÷ 38,000) × 27,000
Outdoor Model 11,000 72,666
($124,916 ÷ 38,000) × 11,000
Total 38,000 $161,442
Roz represents a seller who has tentatively accepted a verbal offer for his home. Per Article 9 of the NAR code of ethics, Roz should make sure the agreement is in writing.
Article 9 of the NAR code of ethics says that whenever possible, assure that agreements are in writing. Also, apart from that, he agreement should be in clear and understandable language, expressing the specific conditions, terms, obligations and commitments of the parties.
It should also provide a copy of each agreement to each party upon their signing or initialing. So Roz should abide by the NAR code of ethics by making sure that the agreement is in writing.
Hence, it might be said that Article 9 is easy to understand but also easy to violate unless you take particular care to abide by its standards.
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