Kelly made a written contract to sell certain land to brown and gave brown a deed to the land. thereafter, kelly sued brown to get back a 20-foot strip of the land. kelly claimed that before making the written contract, it was agreed that kelly would sell all of his land to brown to make it easier for brown to get a building permit, but after that was done, the 20-foot strip would be reconveyed to kelly. was kelly entitled to the 20-foot strip? what ethical values are involved? [brown v. kelly, 545 so. 2d 518 (fla. app.)]

The smelting department of kiner company has the following production and cost data for november. production: beginning work in process 3,700 units that are 100% complete as to materials and 23% complete as to conversion costs; units transferred out 10,500 units; and ending work in process 8,100 units that are 100% complete as to materials and 41% complete as to conversion costs. compute the equivalent units of production for (a) materials and (b) conversion costs for the month of november. materials conversion costs total equivalent units

The following costs were incurred in may: direct materials $ 44,800 direct labor $ 29,000 manufacturing overhead $ 29,300 selling expenses $ 26,800 administrative expenses $ 37,100 conversion costs during the month totaled:

Consider the following two projects. both have costs of $5,000 in year 1. project 1 provides benefits of $2,000 in each of the first four years only. the second provides benefits of $2,000 for each of years 6 to 10 only. compute the net benefits using a discount rate of 6 percent. repeat using a discount rate of 12 percent. what can you conclude from this exercise?