Answer:
False
Explanation:
Caleb is liable for negligence if the accident wasn't caused by him, but was caused by another vehicle.
For negligence theory to be true in this case the following must happen;
1. Caleb must make a mistake
2. The mistake must cause damage to Duffy
3. The mistake must not be of catastrophe
Answer:
Material Quantity Variance = $18,000 Favorable
Explanation:
Material Quantity Variance = (Standard Quantity - Actual Quantity) 
Standard Rate
Provided information
Here, Standard Rate = $3.00 per pound of raw material
Standard Quantity for Actual Output of 60,000 batches = 60,000 1.4 pound = 84,000
Actual Quantity = 78,000
Material Quantity Variance = (84,000 - 78,000) $3.00
= 6,000 $3.00 = $18,000
Since standard quantity is more than actual it is a favorable variance.
Answer:
$2,500; $1,500
Explanation:
Given that,
Total amount invested = $4,000
Let the amount invested at 2% be x,
and the amount invested at 3% be (4,000 - x)
Interest earned = $95
Time period = 1 year
Simple interest = Principle × Interest rate × Time period
$95 = (x × 0.02 × 1) + [(4,000 - x) × 0.03 × 1)
$95 = 0.02x + 120 - 0.03x
$95 = -0.01x + 120
0.01x = 120 - 95
0.01x = 25
x = 2,500
Therefore,
Amount invested at 2% = x = $2,500
Amount invested at 3% = (4,000 - x)
= 4,000 - 2,500
= $1,500
Answer: (a) FOOD AND DRUG ADMINISTRATION (FDA)
Food and Drug Administration (FDA) is a federal agency of the USA that protects and promotes public health. It also looks over food safety, drug safety, etc. various laws are included in FDA such as Public Health Service Act, Federal Anti-Tampering Act, etc.
Answer:
The statement is False.
Explanation:
First lets see what CPI and PPI are.
Consumer price index measures the change in the average prices of consumer goods and Services. The weighted average price of a selected consumer market is used for this.
Producers price index measures the changes in the prices of the output produced by the domestic producers.
However, there are certain factors that these 2 indices include and do not include.
- CPI includes the sales and taxes paid for the products and services as they influence the consumers. however, PPI does not take in the sales and taxes.
- PPI is somewhat broader than the CPI: PPI considers the change in average prices of producers in USA while CPI only take in to account the goods and services consumed by the US Urban consumers.
- Because it is aimed at the consumers, CPI includes Imports. However, PPI does not include Imports.
