Answer:
From the information given about the contract and its execution between the two parties involved( That is, Parc and Glaze), the option 2 is most likely.
2. Glaze will win because Glaze substantially performed and Parc prevented complete performance.
Explanation:
It is stated that Glaze was hired to remodel and furnish an office suite, after a submitted plans by Glaze were approved by Parc. It was further stated that the construction and painting had been done.
Although, with Glaze purchasing minor accessories which Parc rejected because they did not conform to the plans is a breach of contract, but that can be corrected by calling Glaze to order. However, it was Parc that refused to allow Glaze to make necessary corretion and complete the project and also refused to pay Glaze any part of the contract price.
Answer:
Income statements and or Cash flow statements.
Explanation:
Income statement and Cash flow statements are required.
Income Statement will give us insight about our costs as we maybe recording sales but if the costs and expenses are too high we are unlikely to be making enough gross profits to be able to pay bills.
Cash flow statements are required as sales may be credit and thus reducing working capital for the company, although they may be making profits but if the debts are uncollected they are unlikely to have cash available to be able to make payments.
Hope that helps.
Answer:
$953 per unit
Explanation:
For computing the average cost per unit first we have to determine the operating capacity at 85% after that the total cost which is shown below:
Operating capacity at 85% is
= 300 computers × 85%
= 255 computers
Now the total cost is
= Variable cost + Fixed cost
where,
Variable cost is
= $660 × 255 computers
= $168,300
And, the fixed cost is $74,700
So, the total cost is
= $168,300 + $74,700
= $243,000
Now the average cost per unit is
= $243,000 ÷ 255 computers
= $953 per unit
Answer:
Option D
Explanation:
Because it is not one of the key assumption underlying ppf
