Lewis, an employee of silos, inc., makes a substantial mathematical error in totaling the estimated costs for a project for which agrico-op is seeking bids. consequently, silos’s bid is significantly low. any contract with agrico-op that includes the mistake may be rescinded a. if lewis’s supervisor did not know of the mistake. b. if silos knew or should have known of the mistake. c. under no circumstances. d. if agrico-op knew or should have known of the mistake.

Lavage rapide is a canadian company that owns and operates a large automatic car wash facility near montreal. the following table provides data concerning the company’s costs: fixed cost per month cost per car washed cleaning supplies $ 0.70 electricity $ 1,400 $ 0.07 maintenance $ 0.15 wages and salaries $ 4,900 $ 0.30 depreciation $ 8,300 rent $ 1,900 administrative expenses $ 1,400 $ 0.03 for example, electricity costs are $1,400 per month plus $0.07 per car washed. the company expects to wash 8,000 cars in august and to collect an average of $6.50 per car washed. the actual operating results for august appear below. lavage rapide income statement for the month ended august 31 actual cars washed 8,100 revenue $ 54,100 expenses: cleaning supplies 6,100 electricity 1,930 maintenance 1,440 wages and salaries 7,660 depreciation 8,300 rent 2,100 administrative expenses 1,540 total expense 29,070 net operating income $ 25,030 required: calculate the company's revenue and spending variances for august.

When the amount for land is 36,000 and the amount paid for expenses is 10,000, the balance of total asset is

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