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lbvjy [14]
3 years ago
11

Dozier and his wife, daughter, and grandson lived in the house Dozier owned. At the request of the daughter and grandson, Pascha

ll made some improvements to the house. Dozier did not authorize these, but he knew that the improvements were being made and did not object to them. Paschall sued Dozier for the reasonable value of the improvements, but Dozier argued that he had not made any contract for such improvements. Was he obligated to pay for such improvements?
Business
1 answer:
liubo4ka [24]3 years ago
6 0

Answer: Yes

Explanation: In the above case, a quasi-contract was formed. This is when a bilateral contract is not in place but one party will enjoy the benefit of the activities of the other party and may be enriched  by it.  

A bilateral agreement is the exchange of a promise for another and in this case would have been, the promise that Dozier would pay for Paschall’s work. This was not established, however, Dozier will benefit from Paschall’s work unduly if he does not pay for the improvements. The law holds that he has to pay for Paschall’s work to prevent being unjustly enriched.

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d. exporting

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Taking a physical count of inventory
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Taking a physical count of inventory  :

d.should be done near year-end.

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5 0
3 years ago
Shark fin soup is a favorite Thai food. When a San Francisco–based organization claimed that the leading producer’s soup contain
QveST [7]

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Option C is the right answer

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The shark fin soup is one of the favorite foods of people and foreigners and when due to the presence of mercury in shark soup the sale of one of the favorite Thai food decline. There are various reasons for the plummeted sales, such as; social factors, people are willing to use and recommend those products only which are healthy. Similarly, political and legal enforcement led to a devastating decline of the overall demand for shark soup.

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3 years ago
Rally Quadcopters plans to sell a standard quadcopter (toy drone) for $45 and a deluxe quadcopter for $65. Rally purchases the s
Andrew [12]

Answer:

Rally must sell 1,080 units of Standard and 720 units of Deluxe

Explanation:

                                                  Standard       Deluxe        Total

Sales price per unit                      $45                $65

Less: Variable cost                      ($35)              ($45)

Contribution Margin per  unit       $10                $20

Sales Mix units  (A)                        $3                  $2                $5

Contribution margin                      $30                $40             $70

Weighted average Contribution                                              $14    

per unit C= B/A

Appointment of fixed cost between standard and deluxe

Total Fixed cost = 14,700

Break even point = Fixed cost / Weighted average Contribution  per unit

= 14,700 / 14

= 1,050

Apportionment of Break even point sales between Standard and deluxe in sales mix ratio (3:2)

Standard = 1,050 * 3/5 = 630

Deluxe = 1,050 * 2/3 = 420

Unit to be sold to get desired profit = Fixed cost + Desired profit / Weighted average Contribution per unit

= (14,700 + 10,500) / 14

= 1,800

Apportionment of Units to be sold to get desired profit between Standard and Deluxe in sales mix ratio (3:2)

Standard = 1,800 * 3/5 = 1,080

Deluxe = 1,800 * 2/5 = 720

To reach target operating income, Rally must sell 1,080 units of Standard and 720 units of Deluxe

4 0
3 years ago
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