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nexus9112 [7]
3 years ago
7

Jonathan smith has a contract with Sarah Williams for the purchase of three hundred bales of hay every month for his cattle farm

. One month, Sarah Williams refuses to sell Jonathan Smith any hay. Jonathan Smith brings a lawsuit against Sarah Williams for her failure to perform. Which of the following is correct about Jonathan Smith's case? a. This case is considered a criminal case. b. This case has no legal foundation. c. This case is considered a civil law case. d. The case cannot be resolved by monetary compensation.
Business
1 answer:
Diano4ka-milaya [45]3 years ago
4 0

Answer:

The correct answer is the option C: This case is considered a civil law case.

Explanation:

To begin with, the fact that the case is considered to be a civil law case is due to the fact that the relationship between the both parties is comercial and therefore that they are intented to operate inside the civil area of the law according to what they do. Moreover, the contract will be favourable in court because of the statements that were written on it, and thats why the most probably is that Jonathan will win the case.

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K Company estimates that overhead costs for the next year will be $2,400,000 for indirect labor and $900,000 for factory utiliti
Leviafan [203]

Answer:

Estimated manufacturing overhead rate= $30 per direct labor hour

Explanation:

Giving the following information:

Indirect labor= $2,400,000

Factories utility= $900,000

Total overhead= 3,300,000

Direct labor hours= 110,000

To calculate the estimated manufacturing overhead rate we need to use the following formula:

Estimated manufacturing overhead rate= total estimated overhead costs for the period/ total amount of allocation base

Estimated manufacturing overhead rate= 3,300,000/110,000= $30 per direct labor hour

3 0
3 years ago
Marigold Corp. enters into a contract with a customer to build an apartment building for $1,069,900. The customer hopes to rent
muminat

Answer:

$1,193,562

Explanation:

Calculation to Determine the transaction price for this contract.

First step is to calculate the probabilities

Probabilities

August 1, 2021 =70 % *$153,300

August 1, 2021 =$107,310

August 8, 2021= 20%*$51,100

August 8, 2021= $10,220

August 15, 2021 =6%*$102,200

($153,300-$51,100)

August 15, 2021 =$6,132

After August 15, 2021= 4%*$0

After August 15, 2021= $0

Now let calculate the transaction price for this contract.

Total transaction price =$1,069,900+ $107,310+$10,220+$6,132+$0

Total transaction price =$1,193,562

Therefore the transaction price for this contract will be $1,193,562

4 0
3 years ago
Bennette Corporation has provided the following data concerning its overhead costs for the coming year: Wages and salaries $540,
ollegr [7]

<u>The activity rate for the Order Processing activity cost pool is closest to </u>

<u>542</u>

Explanation:

Given that ,

Wages and salaries  $540,000

Depreciation             $220,000

Rent                          $240,000

Cost pool for order processing activity

Activity Cost Pools= 30% 25% 45%

= (540,000*30%) +(220,000*25%)+(240,000*45%)

= (162000)+(55000)+(108000)

=325000

Hence ,the Cost pool for order processing activity  =325000

We know that the formula for

Activity rate = Cost pool/Total activity

<u></u>

<u>Activity Cost Pool Total Activity Assembly 40,000 labor-hours Order processing 600 orders </u>

<u> </u>

= 325,000/600

= 542

<u>The activity rate for the Order Processing activity cost pool is closest to </u>

<u>542</u>

3 0
4 years ago
Henry Ford's statement, "Customers can have any color they want so long as it's black," typified the __________ era of marketing
san4es73 [151]

Option B, "Customers can have any color they want so long as it's black," typified the production-oriented era of marketing.

Explanation:

From the start of capitalist systems to the early 1950s, a production orientation company dominated the market. The prevailing attitude was to potentially sell itself a high quality product. Due to the high demand and short supply of products, this approach has worked for many companies throughout this era.

The first stage acknowledged is the production period in marketing on the presumption that customers prefer products that are accessible and affordable. This philosophy won strategic combinations of broad allocation and cost leadership.

6 0
3 years ago
depending on the importance of the message being shared, a communicator should at times intentionally omit, delete, or take info
Vera_Pavlovna [14]
I think that is is false 
5 0
3 years ago
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