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lilavasa [31]
3 years ago
11

which method is used to resolve disputed facts to determine the amount of an equitable adjustment when the contractor is clearly

entitled to an equitable adjustment (clear proof of injury) and sufficient evidence exists for a fair approximation of the amount of the equitable adjustment (damages)
Business
1 answer:
kumpel [21]3 years ago
7 0

Answer:

Total cost method.

Explanation:

<u>The total cost method</u> is defined as the method in which the complete end-to-end cost of fixed, variable, and direct costs of manufactured produced goods and services. This method promotes a higher degree of transparency and effectiveness. This is why this method is employed to bring resolution to the disputed facts by assisting in determining the equitable adjustment amount if he is entitled to it as it involves the complete performance cost.

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Accoridng to a 2010 harvard business school study, some product sales can increase by what percent as a result of celebrity endo
lina2011 [118]

According to a 2010 Harvard business school study, some product sales can increase by 20% as a result of celebrity endorsements.

<h3>What do you mean by business?</h3>

Business refers to the activity of making money by producing or selling or buying goods and services.

As per a 2010 Harvard business school study, some product sales can increase by 20% as a result of celebrity endorsements.

Learn more about business here:

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5 0
2 years ago
What considerations arise when designing a research study?
olga_2 [115]

Research participants should not be subjected to harm in any ways whatsoever. Respect for the dignity of research participants should be prioritised. Full consent should be obtained from the participants prior to the study.

6 0
4 years ago
The primary purpose of messages that explain procedures, announce meetings, answer questions, and transmit findings is to ______
pav-90 [236]

Answer:

(B) Inform.

Explanation:

Most business messages achieve nothing more than to inform. They explain procedures, announce meetings, answer questions, and transmit findings. Some however, are meant to persuade and that is by selling out products, increasing the morale of employees, convincing managers and gaining more customers. But most is still to inform as they announce meetings, answer questions, and transmit findings and these are called informative messages.

5 0
4 years ago
Lott Company uses a job order cost system and applies overhead to production on the basis of direct labor costs. On January 1, 2
Vikki [24]

Answer:

a. The predetermined overhead rate for 2017,

=Total Manufacturing overhead costs / direct labor Costs

= $840,000/100,000= $ 1.2 / direct labor or 120% of direct labor cost.

b.  Raw materials Inventory $ 90,000  Dr.

        Accounts Payable   $ 90,000 Cr.

To record the purchase of raw materials on account

       Direct Labor $ 70,000 Dr.

             Wages Payable  $ 54,000 Cr

             Payroll Taxes       $ 16,000 Cr

To record factory labor costs incurred.

   

Indirect materials $ 17,000 Dr

Indirect labor $ 20,000 Dr

Depreciation expense  $ 12,000 Dr

Other manufacturing costs $ 16,000 Dr

 Manufacturing Overhead  Control Account $ 65,000  Cr.

To record Manufacturing Overheads incurred.

       

c.  Work In Process $ 189,000 Dr

Job 50 Raw materials $ 10,000 Cr

Job 51 Raw materials $ 39,000 Cr

Job 52 Raw materials $ 30,000 Cr

Job 50Direct Labor $ 5000 Cr

Job 51 Direct Labor $ 25000 Cr

Job 52 Direct Labor $ 20,000 Cr

Job 50 Manufacturing Overhead ( 1.2 * 5000)  $ 6000Cr

Job 51 Manufacturing Overhead ( 1.2 * 25000)  $ 30,000Cr

Job 52 Manufacturing Overhead ( 1.2 * 20,000)  $ 24,000Cr

To record the materials, direct labor and manufacturing costs to Job 50,51 and 52. It can be summarized as follows

Work In Process $ 189,000 Dr

Raw materials $ 79,000 Cr

Direct Labor $ 50000 Cr

Manufacturing Overhead ( 1.2 * 50000)  $ 60000Cr

6 0
3 years ago
Lloyd is a divorce attorney who practices law in Florida. He wants to join the American Divorce Lawyers Association (ADLA). The
Rasek [7]

Answer:

13 years

Explanation:

Note that, if we add the annual interest rate of 7.9% to $8000 [(0.079*8000)+8000] we get a total value of $8632. We perform random division of the 8632 with 11 12, 13 years we note that at 13 years the total annual payment is lowest.

Such that 8632/13 years= $664 lower than paying $750.

8 0
4 years ago
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