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torisob [31]
3 years ago
5

What are the four principles of a contract​

Business
1 answer:
lions [1.4K]3 years ago
3 0
An agreement between private parties creating mutual obligations enforceable by law. The basic elements required for the agreement to be a legally enforceable contract are: mutual assent, expressed by a valid offer and acceptance; adequate consideration; capacity; and legality.
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Morrow Corporation had only one job in process during May—Job X32Z—and had no finished goods inventory on May 1. Job X32Z was st
bearhunter [10]

Answer:

1      Cost of goods sold      $ 13,350

2.    Value of finished goods ending inventory  $ 16,200  

3.    Value of work in process inventory  $ 0

Explanation:

Computation of cost of goods sold

Determination  of per unit cost

Opening balance                                                                      $  7,000

Direct Materials                                                                         $ 12,600

Direct Labour                                                                             $  3,500

Manufacturing overhead applied                                            <u> $  6,900</u>

Total cost of Job X32Z                                                              $ 30,000

Units completed                                                                                 250

Cost per unit                                                                                   $ 120

Units sold                                                                                          115 units

Cost of goods sold $ 120 * 115                           $ 13,800

Add; Adjustment for over applied overhead     <u>$ (   450)</u>

Cost of goods sold                                                                        $ 13,350  

Computation of Finished Goods Inventory value

Units produced                                                           250

Units sold                                                                     <u>115</u>

Units in ending inventory                                           135        

Cost per unit                                              $ 120 per unit

Value of ending inventory    $ 120 unit * 135 units                     $ 16,200

Computation of Work in process inventory

There are no units in process at the end of May, so there is no work in process. so then value is $ 0

6 0
3 years ago
Ginger feels like she is very qualified for a revenue job. which qualification does ginger most likely have?
lutik1710 [3]
The qualifications Ginger most likely have to become very qualified for a Revenue job are 4- integrity, ability to analyze tax forms, and good math skills
4 0
3 years ago
When developing a strategy, how should marketing managers use information on trends and patterns about the different generations
Sav [38]

Answer:

The correct answer is letter "E": None of these answers is correct.

Explanation:

Generational Cohorts divide individuals of the last century into five (5) groups: <em>Silent (1928-1945), Baby Boomer (1946-1964), Generation X (1965-1980), Generation Y (1981-1997), and Generation Z (1998-present)</em>. For marketing purposes, managers should consider characteristics such as <em>age, lifestyles, and buying patterns</em> in each of those groups. Each of them will have different preferences since people's ages vary from one group to another implying individuals will be looking forward to satisfying different needs.

7 0
4 years ago
Daniel acquires a 30% interest in the PPZ Partnership from Paolo, an existing partner, for $43,500 of cash. The PPZ Partnership
MAVERICK [17]

Answer:

the daniel basis in his partnership interest is $47,850

Explanation:

The computation of the daniel basis in his partnership interest is shown below:

= Cash +  Borrowed amount × interest acquiring percentage

= $43,500 + $14,500 × 30%

= $43,500 + $4,350

= $47,850

This is the answer but the same is not provided in the given options

Hence, the daniel basis in his partnership interest is $47,850

We simply applied the above formula so that the correct value could come

And, the same is to be considered

6 0
3 years ago
You work for a young grassroots art organization that does not have a lot of funds to invest in marketing efforts but wants to c
Stells [14]

Answer: Option C

Explanation:

Option C refers to this form of publicity causes potential consumers to develop a favorable view of the organization and it product, relating to the above scenario, it can be understood that  at first the company receives bad publicity for the stunt but it generates a lot of inquires. This inquires are from potential consumers  that have developed favorable view about the product of the company why? because they were intrigue buy the art work and the creativity not the manner of publicity but the creativity. this makes option c the best answer to the scenario.

Option E would have been a good option too, because the consumers that are making inquires might possibly by from a national perspective, it is possible the bad publicity has reach people nationally but they are till intrigue by the work but it didn't pin point the main point Option C explained, "Potential Consumers" that is why it not the best fit.

Option B also states that the strategy is usually effective because competitors are less likely to be using the same approach but it didn't state the same point of it getting the attention of customers. Yes there are different strategies but potential consumers might not be interested. what got the attention of consumers was the creativity not the strategy

3 0
3 years ago
Read 2 more answers
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