<u>Answer:</u>
<em>Yes, but only to clarify the ambiguous contract terms
</em>
<em></em>
<u>Explanation:</u>
Breach of contract is a legitimate reason for activity and a sort of common wrong, wherein a sound understanding of anticipated trade isn't regarded by at least one of the gatherings to the agreement by non-execution or obstruction with the other party's presentation.
A material breach is the most genuine type of break of agreement. In these cases, somebody has failed to maintain their obligations as spread out in the contract. At the point when this happens, the harmed party can seek after harms in a standard suit. In the end, when a contractual worker finishes an undertaking yet isn't paid, this is viewed as a material breach.
To find the value of the inventory to the nearest cent:
Estimated costs are: $18,750
Storage costs: 12%
Interest costs: 12%
Transportation costs: 5%
Let's add the costs up: 12% + 12% + 5% = 29%
We are solving for the value of inventory so in this case we will make that X.
X = estimated costs/interest amounts
X = $18,750/29%
X = $18,750/0.29
X = $64,655.17
The value of the inventory is $64,655.17
To check your work you can take $64,655.17 and multiply it by 29%
= $18,750
Answer:
$4,000
Explanation:
The asset's recovery period is 5 years and the half-year convention applies.
Therefore :
$20,000 ×0.20 = $4,000.
Answer:
0.89 orders per minute
Explanation:
As per the data given in the question,
Batch size = 4 orders
Here, process 1 = cooking
process 2 = Bagging and payment accepting
Time taken to complete process 1 by cooking a batch of 4 orders
= 3 × 1 + 0.5 × 3
= 4.5 minutes
Time taken to complete process 2 by Bagging and payment accepting of 4 orders
= 0.80 × 4
= 3.2 minutes
Time in process 1 is greater than time taken in process 2
Since, process 1 is bottleneck operation So, it will decide the capacity of project. therefore,
Overall capacity = 4.5 minutes for 4 orders
Therefore number of orders = 4 ÷ 4.5
= 0.89 orders per minute
Hence, Process capacity = 0.89 orders per minute
