Beck inc., a food processing company in chicago, placed a phone order with gary, a vineyard owner in california, for a certain quantity of perishable products. the shipping term was "cif" with payment to be made on delivery. gary contracted with a carrier to deliver the goods to beck inc. however, he neglected to ship the goods under refrigeration. the goods were loaded on a non-refrigerated boxcar and as a result the product was spoiled when it reached chicago. under these circumstances,
a. neither gary nor beck inc. bears the risk of loss as the goods are insured
b. beck inc. bears the risk of loss because, under a cif shipment, the buyer has to bear all risks
c. beck inc. bears the risk of loss as the contract did not mention that gary will guarantee their delivery
d. gary bears the risk of loss because, under a cif shipment, the seller bears the expense and the risk of loading the goods

Which of the following is an effective strategy when interest rates are falling? a. use long-term loans to take advantage of current low rates. b. use short-term loans to take advantage of lower rates when you refinance a loan. c. deposit to a short-term savings instrumentals to take advantage of higher interest rates when they mature. d. select short-term savings instruments to lock in earnings at a current high rates.

The cutting department of cassel company has the following production and cost data for july. production costs 1. transferred out 12,300 units. beginning work in process $0 2. started 3,900 units that are 60% materials 62,856 complete as to conversion labor 12,622 costs and 100% complete as manufacturing overhead 23,100 to materials at july 31. materials are entered at the beginning of the process. conversion costs are incurred uniformly during the process. determine the equivalent units of production for (1) materials and (2) conversion costs. materials conversion costs total equivalent units of production link to text link to text compute unit costs. (round unit costs to 2 decimal places, e. g. 2.25.) materials $ conversion costs $ link to text link to text prepare a cost reconciliation schedule. (round unit costs to 2 decimal places, e. g. 2.25 and final answers to 0 decimal places, e. g. 1,225.) cost reconciliation costs accounted for transferred out $ work in process, july 31 materials $ conversion costs total costs $

Alocal barnes and noble bookstore ordered 80 marketing books but received 60 books. what percent of the order was missing?