Answers

MA

Answered

Reserve inventory storage costs is classified as a shortage cost.

On Jul 15, 2024


False
MA

Answered

A person who approaches problems in a rational, step-by-step, and analytical fashion is engaging in systematic thinking.

On Jul 13, 2024


True
MA

Answered

Emerson,a wealthy man,has a special seal made that contains his family crest and motto.Emerson places the seal impression next to his name on every contract that he signs in order to prove that other contracts containing a signature without the impression are forgeries.Discuss the type of contract Emerson makes.

On Jun 15, 2024


Emerson is making formal contracts under seal.While rarely required today,Emerson is free to use a personal seal.Under common law principles,a formal contract differs from other types of contracts in that it has to be (1)written; (2)signed,witnessed,and placed under the seal of the parties;and (3)delivered.
MA

Answered

A typewriter,which was subject to a prior UCC security interest,was delivered to Ed Fogel for repair.Fogel,who is engaged in the business of repairing typewriters,repaired the typewriter.However,the owner of the typewriter now refuses to pay for the services performed by Fogel.The state in which Fogel operates his business has a statute,which gives Fogel a mechanic's lien on the typewriter.Fogel's mechanic's lien:

A) takes priority over a prior perfected security interest under all circumstances.
B) is subject to a prior perfected purchase money security interest under all circumstances.
C) is subject to a prior unperfected security interest where the statute is silent as to priority.
D) takes priority over a prior perfected security interest unless the statute expressly provides otherwise.

On Jun 12, 2024


D
MA

Answered

From where do ethical preferences originate?​

On May 16, 2024


Ethical preferences originate not from legislators or judges,but from an individual's own critical consciousness. They can be shaped by a wide variety of factors,including family,religion,culture,community and experiences.
MA

Answered

The members of Climate Action believe that a recently enacted federal law is unconstitutional. They write and sign a petition to the government to repeal the law, refuse to obey it, and stop others from complying with it. Under the First Amendment, these individuals have a right to

A) petition the government.
B) refuse to obey any law with which they disagree.
C) stop others from complying with any law.
D) none of the choices.

On May 13, 2024


A
MA

Answered

Schabel Corporation has two operating divisions-a Consumer Division and a Commercial Division. The company's Customer Service Department provides services to both divisions. The variable costs of the Customer Service Department are budgeted at $78 per order. The Customer Service Department's fixed costs are budgeted at $270,000 for the year. The fixed costs of the Customer Service Department are determined based on the peak period orders. Schabel Corporation has two operating divisions-a Consumer Division and a Commercial Division. The company's Customer Service Department provides services to both divisions. The variable costs of the Customer Service Department are budgeted at $78 per order. The Customer Service Department's fixed costs are budgeted at $270,000 for the year. The fixed costs of the Customer Service Department are determined based on the peak period orders.   At the end of the year, actual Customer Service Department variable costs totaled $483,570 and fixed costs totaled $298,128. The Consumer Division had a total of 2,372 orders and the Commercial Division had a total of 3,703 orders for the year. For performance evaluation purposes, how much actual Customer Service Department cost should NOT be charged to the operating divisions at the end of the year? A)  $28,128 B)  $37,848 C)  $9,720 D)  $0 At the end of the year, actual Customer Service Department variable costs totaled $483,570 and fixed costs totaled $298,128. The Consumer Division had a total of 2,372 orders and the Commercial Division had a total of 3,703 orders for the year. For performance evaluation purposes, how much actual Customer Service Department cost should NOT be charged to the operating divisions at the end of the year?

A) $28,128
B) $37,848
C) $9,720
D) $0

On May 11, 2024


B