Answer: place the non breaching party into the position that they would have been had the contract not been breached
Explanation:
A contract is meant to satisfy the reasons for which the contract was gone into for both parties. If one party breaches the contract, the party that did not breach should still have their reason for entering the contract satisfied because they did what they were supposed to do according to the contract.
This is why the purpose of a breach of contract remedy is to ensure that this non-breaching party does indeed get what was supposed to come to them by the contract.
Answer:
D. $2.30
Explanation:
The calculation of the cost per equivalent unit for direct material is given below:
= Total material cost ÷ Equivalent unit of materials
where,
Total material cost is $4,100
And, the equivalent unit of material is
= Units transferred out + ending work in process units
= 1,600 + 180
= 1,780
The units transferred out is come from
= Beginning units + started units - ending units
= 290 units + 1,490 units - 180 units
= 1,600 units
Therefore, the cost per equivalent for direct material is
= $4,100 ÷ 1,780 units
= $2.30
Answer:
the farmer's total revenue when she uses the direct channel = 400 x $2.49 = $996
if she uses the indirect channel, her total revenue = 650 x $1.63 = $1,059.50
her total revenue will increase when selling to he supermarkets, but also her variable production costs will increase. This means that it is probable that her total contribution margin decreases even if total revenue decreases.
Answer:
The bond's real return for the year was 5.49%
Explanation:
In order to calculate the bond's real return for the year we would have to calculate the following formula:
bond's real return for the year=(1+Nominal rate of return)/(1+Inflation) -1
According to the given data Inflation=2.2 percent
To calculate the Nominal rate of return we would have to calculate the following:
Nominal rate of return=(Selling price + Interest coupon - Purchase price)/Purchase price
According to the given data:
Selling price=$976.26
Interest coupon=$43
Purchase price=$945.46
Therefore, Nominal rate of return=($976.26 + $43 - $945.46)/ $945.46
Nominal rate of return=7.81%
Therefore, bond's real return for the year= (1+7.81%)/(1+2.2%) -1
bond's real return for the year=5.49%
The bond's real return for the year was 5.49%
Answer:
Google pays her every time someone clicks on a Google ad on her
site.
Explanation:
