Answer:
(b) Shane has to pay $20,000 to Morgan for breach of contract
Explanation:
In the situation, it is given that Shane decides to quit as he gets another job so he breaks the contract instead of finishing his work on time.
Due to breach of contract, Shane has to pay $20,000 to Morgan because it is written in the party that if any party breaks the contract than he has to pay the amount. But due to some unnatural causes, no one has to pay.
In the given case, Shane has deliberately broken the contract so it is compulsory to pay the $20,000 to Morgan.
Hence, option b is correct
Answer:
Predetermined manufacturing overhead rate= $8.3 per machine hour
Explanation:
Giving the following information:
Total machine-hours 80,000
Total fixed manufacturing overhead cost $416,000
Variable manufacturing overhead per machine-hour $ 3.10
<u>First, we need to calculate the predetermined overhead rate:</u>
Predetermined manufacturing overhead rate= total estimated overhead costs for the period/ total amount of allocation base
Predetermined manufacturing overhead rate= (416,000/80,000) + 3.1
Predetermined manufacturing overhead rate= $8.3 per machine hour
Answer:
Check the explanation as follows.
Explanation:
a) If it is invested in US
Current= $40 million
Interest rate= 0.28% p.m
Interest for 1 month= $40 million*0.28%= $0.112 million
Interest for 3 months= $0.112*3= $0.336 million
Total value after 3 months= $40 million+$0.336 million = $40336000.
b) If it is invested in Great Britain.
Convert $40 million into Pounds= $40 million*0.639 = Pound 25.56 million
Ivest in Great Britain for 3 months @ 0.32%
Interest per month= 25.56 million*0.32% *3 = 0.245376
Total Pounds after 3 months= Pound 25.805376
Convert into $= 25.805376/0.642 = $40195289.7156
Value if invested in great britain= $40195289.7156
Answer:
A notice of cessation
Explanation:
A notice of cessation is a written notice that is issued by the contractee or the owner of a project (or his or her agent) to inform concerned parties that no work has been performed at the project site for a certain period. This notice also sets the time frame within which the affected parties may carry out their lien rights against one another
A. True in a dutch interenet auction the highest price wins
