Answer:
The total cost to be accounted for under the weighted-average method would be $184,000
Explanation:
Given information ,
Beginning work in process inventory = $22,000
Ending work in process inventory = $27,000.
The cost of units transferred out from the department = $157,000
Under weighted average method, the beginning Work in process inventory is not considered. So, the total cost would be displayed below.
Total cost = The cost of units transferred out from the department + Ending work in process inventory
= $157,000 + $27,000
= $184,000
Thus, the total cost to be accounted for under the weighted-average method would be $184,000
Answer:
1. What must the shareholders prove to recover?
The shareholders say that the Board of Directors had given Ovitz more as written in Employment Agreement. Ovitz had more incentives & other facilities as compared to other employees.
And that is unfair with the other employees. Because of this the shareholders had filed a complaint against the company about the remuneration of O.
2. What does the court say is the relationship between good corporate governance, liability, and business judgment?
The court has to decide that whether the Board of directors should be responsible for the decision-making process and wasting corporate assets or they have power and authority to do anything they want.
Rules of corporate governance of any company are mentioned in their terms and conditions and in this case the Board goes beyond the requirements and because of this liability of company will also increase.
3. What alternatives to litigation do shareholders have?
They have many alternatives;
1) Negotiation with the Directors
2) Dealing with small claims electronically.
3) Through Discussion
4) Involvement of some mediator
Answer:
Lee buys insurance to protect her home after crime rates go up
Explanation: Property insurance gives protection against majority of risks that can occur to a property.
Homeowners and Renters insurance are two types of property insurance. They usually provide insurance against personal property.
Carmen insuring her car is known as motor vehicle insurance.
Answer:
New expected operatimg income is $ 45,000
Explanation:
Degree of Operating leverage =<u> %change in operating income</u>
% change in sales
2.5 =<u> % change in operating income</u>
20%
2.5 × 0.2 = % change in operating income
0.5 or 50% = % change in operating income
50% =<u> x-30,000</u>
30,000
0.5× 30,000 = x- 30,000
15,000 + 30,000 = x
$45000 = x
Answer:
D) eminent domain.
Explanation:
In the US, eminent domain is the right of a government entity (local, state or federal government) to take private land and assign a public use to it. This government expropriation is carried out with a compensation payment done to the landowner.
In this case, the municipal government of Orlando is going to expropriate Neil's land and use it to expand a thoroughfare (road or avenue) through the city. The city will pay Neil a certain amount of money for taking away his land and suing it for a public service.
The 5th amendment of the US Constitution states that eminent domain must be carried out only after the landowner has been compensated for his/her loss.
