Skill hardware is the plaintiff in a $16 million lawsuit filed against a supplier. the litigation is in final appeal and legal counsel advises that it is virtually certain that skill will win the lawsuit and be awarded $12 million. how should skill account for this event? (you may select more than one answer. single click the box with the question mark to produce a check mark for a correct answer and double click the box with the question mark to empty the box for a wrong answer.) the contingency is accrued. unchecked the contingency is not accrued. unanswered this is a gain contingency. unanswered this is a loss contingency. unanswered it is probable that the confirming event will occur. unanswered the contingency can be reasonably estimated. unanswered a disclosure note should describe the contingency. unanswered none of these

Cadbury has a chocolate factory in dunedin, new zealand. for easter, it makes two kinds of “easter eggs”: milk chocolate and dark chocolate. it cycles between producing milk and dark chocolate eggs. the table below provides data on these two products. demand (lbs per hour) milk: 500 dark: 200 switchover time (minutes) milk: 60 dark: 30 production rate per hour milk: 800 dark: 800 for example, it takes 30 minutes to switch production from milk to dark chocolate. demand for milk chocolate is higher (500lbs per hour versus 200 lbs per hour), but the line produces them at the same rate (when operating): 800 lbs per hour. a : suppose cadbury produces 2,334lbs milk chocolate and 1,652 lbs of dark chocolate in each cycle. what would be the maximum inventory (lbs) of milk chocolate? b : how many lbs of milk and dark chocolate should be produced with each cycle so as to satisfy demand while minimizing inventory?