Answer:
FOB destination means "Free on Board Destination.
1. Goods transit shipped to Abbey (purchaser) FOB Destination
Answer: Exclude from inventory
2. Goods in transit shipped to Abbey (purchaser) FOB Shipping Point
Answer: Include in inventory count
3. Goods transit shipped by Abbey (seller) FOB Destination
Answer: Include in inventory
4. Goods in transit shipped by Abbey (seller) FOB Shipping Point
Answer: Exclude from inventory
Answer:
781 units
Explanation:
Under the CVP concept, the break-even point is calculated by dividing the fixed costs by the contribution margin per unit.
i.e., break-even point = fixed cost/ contribution margin per unit
Currently, fixed costs are $213,000, an increase of 10% will take to
=(10/100 x $213,000) + $213,000
=$21,300 + 213,000
=$234, 300
The selling price is $250, an increase of 40%
=$250 x 1.4
=$350
variable cost will remain the same this year and the following year
Current variable costs are 20% of sales
=20/100 x 250
=0.2 x 250
=$50
Contribution margin will be new selling price - variable costs
=$350-50
=$300
Break-eve point = $234, 300/300
=781 units
Answer:
The correct answer is letter "D": not counted in GDP because they are a non-market activity.
Explanation:
The Gross Domestic Product or GDP represents the overall market value of all the goods and services a country produces. It measures the size of the economy and how much it has grown. It is calculates using expenses, level of output, or revenues of the country.
In Kiersten's case, the fruits she grows in her yard are not part of the GDP since she is not involved in any economic transaction.
Answer:
A.the agent's fiduciary duties to the principal.
Explanation:
- Uri breaks the agent's duty to obey the principal. An agent must act in the best interests of the principal and not in the best interests of his or her own.
- The agent is paid to act on behalf of the principal, and by taking advantage of his position, the agent expressly terminates his contract with the principal. Therefore, the principal can sue the agent and recover damages.
