Answer:
The issues that arises between the Faraj and Siegel can be discussed by three different groups in resolving the contract agreement.
Note: Kindly find an attached copy of the complete question below.
Explanation:
Solution
In this case between Faraj and Siege'ls building contractors the following issue are discussed by three groups as follows:
(1) The contractor can increase the price of finishing construction based on inflation and the cost of raising materials during inflation prices for the materials increases or goes up and this will affect the customer gradually.
(2) Faraj will not pay the additional amount requested by Siegel because according to the contract the amount she has to pay is $153,000
(3) Issues or problems that might come up during construction is listed below:
- Poor communication
- Not feasible or impractical forecasting
- The unavailability of structure
Answer:
Standard rate per direct labor hour is $27.1
Explanation:
Standard rate per direct labor hour includes the hourly pay rate, Payroll taxes and fringe benefits. For Theresa Corporation,
We have given that
Basic direct labor rate is $21.00 per hour
Payroll Taxes is 10% of basic direct labor rate i.e. 10% of $21.00 = $2.10 per hour
Fringe Benefits is $4.00 per hour.
So Standard rate per direct labor hour = $21.00 + $2.10 + $4.00 = $27.1
Answer:
The estimated amount of Bad Debt Expense for the year is $12,950
Explanation:
According to the given data we have the folloiwng:
reported sales during the year= $226,500
credit sales=$185,000
Libby has experienced bad debt losses of 7% of credit sales in prior periods
Therefore, in order to calculate the estimated amount of Bad Debt Expense for the year we would have to make the following calculation:
estimated amount of Bad Debt Expense=credit sales×bad debt losses percentage of credit sales in prior periods.
Hence, estimated amount of Bad Debt Expense= $185,000× 7%
estimated amount of Bad Debt Expense= $12,950
The estimated amount of Bad Debt Expense for the year is $12,950
Answer:
it will most likely decrease.
Explanation:
An inferior good is an economic definition for a good which demand drops when income rises. In this case, as Shayla's income increases, her demand for alphabet soup decreases. If the rise in income is big enough, the consumption can decrease to zero.
Answer:
Alex is not at his seat and Danny urgently requires some documents, so he logs in to Alex's computer and mails the file to himself.
Explanation:
Logging in to another employee's system without his/her consent nor informing the boss of the firm is an unethical business practice.
Alex might have some vital and private information or data on his system in which he alone must access it.
