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lina2011 [118]
2 years ago
11

Hillary enters into a shipment contract with a dress manufacturer for fifty red dresses. The dress manufacturer sends fifty blue

dresses. The dresses are damaged during shipment. Who bears the risk of loss and​ why? A. the​ carrier, because of its duty to protect goods in shipment B. the dress​ manufacturer, because the goods are​ non-conforming C. the dress​ manufacturer, because this is a shipment contract D. ​Hillary, because there has been substantial compliance by the dress manufacturer E. ​Hillary, because this is a shipment contract
Business
1 answer:
faust18 [17]2 years ago
6 0

Answer: E. ​Hillary, because this is a shipment contract

Explanation:

When Parties enter into a Shipment Contract, it means that the Buyer assumes the risk for the goods being delivered even before it is delivered.

To clarify, in a Shipment Contract, The Seller only has responsibility up until the point that they deliver the goods to a Carrier or the point of Shipment. Under this contract this is also known as the Point of Delivery.

Once they have delivered it to the point of Shipment, anything that happens thereafter is on the buyer.

This is a Shipment Contract in the above scenario and the dresses were damaged during shipment which absolves the seller as they had already delivered and shipped the dresses so the risk of loss is on Hillary.

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Alton Company uses a process-costing system for its single product. Material A is added at the beginning of the process; in cont
Semenov [28]

Answer:

e. A, 6,000; B, 6,000.

Explanation:

At the beginning of the process Materials A are added. Therefore it won't matter if the process is 80% or less/more is complete, the materials A have already been added and would be equivalent to the ending work-in-process inventory i.e. 6,000 units.

Materials B are added when the units are 75% complete. Since the ending work-in-process are 80% complete, then this means that the Materials B equivalent to 6,000 units have already been added to the ending inventory.

Hence, both materials A and B have been added to the ending work-in-process inventory for 6,000 units. Therefore, option E is correct.

8 0
1 year ago
Table: Marginal Analysis of Sweatshirt Production II:
saul85 [17]

Answer:

Optimal qauntity is 4 Units

Explanation:

Here, we have to decide quantity of production at which maximum profit can be generated. For this reason we will have to contruct a table which will help us to calculate Marginal Benefit and Marginal cost. This table is given as under:

Quantity  Total benefit   Marginal benefit     Total Cost     Marginal Cost

0 Units            0                     0                              0                       0

1 Units            16                    16                              9                       9

2 Units           32                   16                             20                      11

3 Units           48                   16                             33                      13

4 Units           64                   16                             48                      15

5 Units           80                   16                             65                      17

We can see that at 4 Units, marginal revenue is almost equal to marginal cost. At this level of production, we have maximum benefits generated which is:

Maximum Benefit Generated = ($16 - $9)   +  ($16 - $11)   + ($16 - $13)  + ($16 - $15) = $7 + $5 + $3 + $1 = $16 for 4 Units

We can also cross check by considering 5 units case to assess whether the benefit generated is more than 4 units case or not.

Maximum Benefit Generated (For 5 Units) = ($16 - $9)   +  ($16 - $11)   + ($16 - $13)  + ($16 - $15)  +  ($16 - $17) = $7 + $5 + $3 + $1 - $1 = $15 for 4 Units

As the maximum benefit generated in the case of 4 units is more because of using marginal revenue = Marginal Cost relation, hence the optimal quantity is 4 units.

3 0
2 years ago
Robin Company wants to earn a 6% return on sales after taxes. The company’s effective income tax rate is 40%, and its contributi
Lubov Fominskaja [6]

Answer:

Answer is 1,200,000

Explanation:

return on sales after taxes = 6%

effective income tax rate = 40%, contribution margin = 30%.

Robin has fixed costs = $240,000,

We are to find the amount of sales required to earn the desired return using the information above.

Profit = Contribution - Fixed Cost

Assuming sales = K

6/(100-40)K = (30/100)K -240,000

0.1K =0.3K -240,000

0.2K =240,000

K = 240,000/0.2

so K =1,200,000.

5 0
2 years ago
Wrongful Discharge. Stephen Fredrick, a pilot for Simmons Airlines Corp., criticized the safety of the aircraft that Simmons use
kogti [31]

Answer:

Really want to help but I cant . Maybe next time I can help Maybe not but because we dont meet again

By the way .... this Virus.

mmuah thabks for the points

7 0
2 years ago
If a vendor has correctly used marginal analysis to select its stock levels for the day (as in the newsperson problem in the tex
Lilit [14]

Answer:

C.Greater than 0.75

Explanation:

Given

Cu = $120

Co = $360

We know Probability P <= Cu/(Cu + Co)

P = 120/(120 + 360)

   = 120/480

   = 0.25

P is the probability of unit is will not sold and 1-p is the  probability of unit that will sold

1 - p = 1 - 0.25

       = 0.75

probability of the last unit being sold should be greater than 0.75

8 0
2 years ago
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