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Bingel [31]
3 years ago
14

Jamal worked for a delivery company, and he was driving sometimes up to 10 hours a day. One afternoon, on the way back from maki

ng a delivery in his neighborhood, Jamal stopped at the uniform shop to pick up some shirts he needed for work. Usually he would run his errand
Business
1 answer:
notsponge [240]3 years ago
8 0

Answer:

Yes, the company is liable because Jamal was on his work route and took a minor detour to pick shirts he needed for work.

Explanation:

Generally what determines if the company is liable or not for a car accident, is if the employee was acting within the scope of his/her normal employment activities. In this case, even though Jamal took a break to pick up some shirts for work, he didn't deviate form his normal activities and not even from his normal work route. He was actually coming back from making a delivery.

It would have been different if he had gone to a different neighborhood or downtown just to pick the shirts. You must also consider that Jamal drives the delivery truck 10 hours a day, and that doesn't leave him a lot of spare time for his own personal activities, and this particular one was also related to his work.

This situation is similar to an accident happening when a truck driver is stopping to go to the bathroom or eating something while travelling.

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Lowden Company has an overhead application rate of 162% and allocates overhead based on direct material cost. During the current
GrogVix [38]

Answer:

The amount of overhead Lowden Company should record in the current period is $124,740

Explanation:

Overhead application = 162%

Material cots = $77,000

Labor cost = $63,000

As allocated overhead based on direct material cost

Current period Overhead = $77,000 x 162%

Current period Overhead = $77,000 x 1.62

Current period Overhead = $124,740

So, the amount of overhead Lowden Company should record in the current period is $124,740

4 0
3 years ago
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3 years ago
Issuing Bonds at a Discount On the first day of the fiscal year, a company issues a $4,000,000, 6%, 8-year bond that pays semian
Svetradugi [14.3K]

Answer:

Dr cash proceeds                          $3,325,959

Dr discount on bonds payable        $674,041

Cr bonds payable                                               $4,000,000

Explanation:

The cash proceeds from the bond issuance is $3,325,959

The face value of the bond issued is $4,000,000

Discount on bond  issuance=$4,000,000-$3,325,959

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The appropriate double entries would be to debit the cash account and discount on bonds payable with $3,325,959 and $674,041 resepectively while bonds payable is credited with $4,000,000

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Answer: $947.50

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The amount that Kelly can deduct will be calculated as:

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Add: Registration = $350

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