Haply Inc. contracts with Barksdale LLC to have an engine repaired.
After much negotiation, the parties agree that the pump will be
repaired and reinstalled at Haply’s facilities in 5 days. Haply plans
on losing $40,000 a day for each day the engine is not delivered after
the five-day window (this is the cost for a replacement engine).
Haply talks Barksdale’s representatives that if the engine is not
repaired on time that bad press will cause Haply to lose a client’s
business totaling $3,000,000. Barksdale does not complete the contract
until day 7.
It cost Haply $500 to secure the delivery of a replacement engine. The
actual rental of the replacement engine cost $40,000 a day. And Haply
lost the business of a client totaling $3,000,000. Haply sues
Barksdale for incidental, consequential and compensatory damages. The
court finds that there is a breach of contract. What are the
consequential, incidental, and compensatory damages that Barksdale is
liable for in this case? Be sure to define each of those terms.
Your paper should be 500 WORDS in length (double-spaced, with one inch
margins all around). Be certain to explain and support your answer.
Question 1: After listening to the interview with Stephen B. Bright, The quality of a legal defense: Does it matter if you’re rich or poor?, please respond to the following:
- How does geographic location play a role in the quality of representation provided by the public defender?
- How does the overburdened public defense system in many areas contribute to issues of wrongful conviction?
- Contrast the legal representation described by Bright to the level of representation available to white-collar, corporate, and environmental crimes.
- This discussion highlights two issues – wrongful conviction and the overburdened public defender system. How can these problems be solved?
- In your opinion, what have been among the main outcomes of the War on Drugs?
- How close has it come to its original goals of reducing drug use and punishing drug suppliers?
- How has this “war” impacted African-American males?
- How has this “war” impacted immigration policy?
- How will this “war” end?
Question 2: What is meant by the idea that race, class, and gender are interactive systems rather than individual variables? Think about your own family of orientation, and take one particular aspect of your family life as an example. Discuss briefly how race, class, and gender act simultaneously to shape that aspect of your family life.
Question 4: Most people agree that marriages and families underwent major changes during the last half of the twentieth century; however, few people link these changes to larger societal changes that have taken place. Identify some of the major changes that have taken place during the past 50 years (for example, in transportation, technology, and social welfare policies), and discuss their impact on contemporary marriages and families. Reflect on your own family and consider how one such change has affected your family and/or families like yours.
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HOMEWORK ASSIGNMENT 4
Chapter 15 – Problem 9
Sycamore Plastics (SP) is a manufacturer of polyethylene plastic pellets used as a raw material by manufacturers of plastic goods around the U.S. SP currently operate four manufacturing centers in Philadelphia, PA; Atlanta, GA; St. Louis, MO; and Salt Lake City, UT. The plants have different capacities and production costs as indicated in the table below:
Maximum Capacity Production Costs
PLANT (x 100,000 lbs.) (per 1,000 lbs)
Philadelphia 7.5 $325.00
Atlanta 9.0 $275.00
St. Louis 12.0 $305.00
Salt Lake City 10.3 $250.00
Managerial Accounting Chapter 1
E1-5 Gala Company is a manufacturer of laptop computers. Various costs and expenses associated with its operations are as follows.
- Property taxes on factory building.
- Production superintendents’ salaries.
- Memory boards and chips used in assembling computers.
- Depreciation on the factory equipment.
- Salaries for assembly-line quality control inspectors.
- Sales commissions paid to sell laptop computers.
- Electrical components used in assembling computers.
- Wages of workers assembling laptop computers.
- Soldering materials used on factory assembly lines.
- Salaries for the night security guards for the factory building.
The company intends to classify these costs and expenses into the following categories: (a) direct materials, (b) direct labor, (c) manufacturing overhead, and (d) period costs.
List the items (1) through (10). For each item, indicate the cost category which it belongs to.
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