Answer:
Sink-Cost Fallacy
Explanation:
According to my research on studies conducted by various behaviorists, I can say that based on the information provided within the question the mental bias that describes Les's behavior is called the Sink-Cost Fallacy. This fallacy/bias refers to when an individual relentlessly continues's a behavior solely because of the resources that they have invested, either being time, money, or effort. Which in this case since, Les invested money into the drink so he does not want to waste it even though it might make him sick.
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Answer:
$82000
Explanation:
Gross income is defined as the total sum of money received (salary, wages, rents, interests and other form of earnings) that an individual or a household receive before any deductions or taxes. Hence,
Given that
Salary = 22000
Alimony = 10000
Punitive damage = 50000
Gross income = 22000 + 10000 + 50000
= $82000
The child support and compensatory damages are not added because they are not taxable.
<span>The lawsuit for this type of breach of contract will be governed by the common law of contracts. Contract laws relate to most agreements between people or groups, including oral agreements.</span>
Answer:
Requirement: <em>Determine the overhead rate for each activity "Materials handling, Machine setups, Quality inspections"</em>
<em />
Materials handling overhead rate = Total cost / Cost driver volume
Materials handling overhead rate = $30,000 / 1,000
Materials handling overhead rate = $30
Machine setups overhead rate = Total cost / Cost driver volume
Machine setups overhead rate = $23,750 / 475
Machine setups overhead rate = $50
Quality inspections overhead rate = Total cost / Cost driver volume
Quality inspections overhead rate = $19,000 / 475
Quality inspections overhead rate = $40
