Company F contracted with company RB to install an awning system for outdoor seating coverage area. RB was disappointed with the execution of the work but did not gave any time to F to improve the error in the execution of the work. After two months of usage, the awning system was removed for the replacement of building’s siding and some defects were found in the welds. Both the parties differed in their opinion on damaged welds. RB paid F only $ 400 against the contracted price of $ 8161. To find: The right of RB to rescind the contract and obtain the paid price.

Question

A new product, an automated crepe maker, is being introduced at Knutt Corporation. At a selling price of $72 per unit, management projects sales of 85,000 units. Launching the crepe maker as a new product would require an investment of $600,000. The desired return on investment is 13%. What is the target cost per crepe maker?

Answer 1

Question

Chapter 14, Problem 4BCP

Summary Introduction

Case summary: Company F contracted with company RB to install an awning system for outdoor seating coverage area. RB was disappointed with the execution of the work but did not gave any time to F to improve the error in the execution of the work. After two months of usage, the awning system was removed for the replacement of building’s siding and some defects were found in the welds. Both the parties differed in their opinion on damaged welds. RB paid F only $400 against the contracted price of $8161.

To find: The right of RB to rescind the contract and obtain the paid price.

Summary Introduction

Case summary: F contracted with RB to install an awning system for outdoor seating coverage area. RB was disappointed with the execution of the work but did not gave any time to F to improve the error in the execution of the work. After two months of usage, the awning system was removed for the replacement of building’s siding and some defects were found in the welds. Both the parties differed in their opinion on damaged welds. RB paid F only $400 against the contracted price of $8161.

To find: F’s right to recover the differences between the paid and the contracted price.

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A new product, an automated crepe maker, is being introduced at Knutt Corporation. At a selling price of $72 per unit, management projects sales of 85,000 units. Launching the crepe maker as a new product would require an investment of $600,000. The desired return on investment is 13%. What is the target cost per crepe maker?give me the answer