Answer:
it was a foreseen party
Explanation:
Key Largo bank would most likely sue Humphrey on the ground that it was a foreseen party. This is because Humphrey(CPA) being an auditor, knew that the audited financial statements are required for a filing with the regulatory body. Moreover, the auditing firm- Humphrey knew about the specific purpose of the audit report including the fact that his or her opinion(report) will will relied upon by other parties hence a foreseen third party for the auditor.
Based on the aforementioned, Key Largo Bank can sue Humphrey because he is aware of the intended purpose of the audit report.
Answer:
C. 534 units
Explanation:
The formula to compute the break-even point is shown below:
= (Fixed cost) ÷ (Contribution margin per unit)
where,
Contribution margin per unit = Selling price per unit - Variable expense per unit
= $3 - $0.75
= $2.25
So, the break-even point would be
= $1,201 ÷ $2.25 per unit
= 534 units
Simply we divide the fixed cost by the contribution margin per unit so that the accurate units can come.
Answer:
A. $45,950
B. $0.84 per liter.
Explanation:
A. February conversion costs in the Filtration Department:
= Direct labor costs(Wages of workers operating filtration equipment) + Manufacturing overhead allocated to filtration
= $25,950 + $20,000
= $45,950
B. Filtration Department completely processed 150,000 liters in February.
Total cost incurred:
= Direct labor costs + Manufacturing overhead allocated to filtration + Water
= $25,950 + $20,000 + $80,000
= $125,950
Filtration cost per liter:
= Total cost incurred ÷ Total units processed
= $125,950 ÷ 150,000
= $0.84 per liter.
Answer:
Even if individual doesn't even have an executive role, a person responsible of information technology for a corporation might wield tremendous authority. This is due to the fact that power is not necessarily linked to a position of authority.
Explanation:
A person with leadership qualities can advance to positions of power, allowing them to put their abilities and personality attributes to good use. A person in charge of information technology is also responsible for optimising the company's digital technologies owing to the nature of the role and responsibilities.
Market power because it is the ability of a firm to set on price of goods ( when both firms merges to have power over market
