Answer:
C. debit to Finished Goods Inventory $ 3 comma 202 and a credit to Work minus Process Inventory $ 3 comma 202
Explanation:
The journal entry is shown below:
Finished goods inventory A/c Dr $3,202
To Work in process inventory A/c $3,202
(Being the job is completed)
The computation is shown below:
= Direct material cost + Direct labor cost + manufacturing overhead cost
= $360 + $2,030 + $2,030 × 40%
= $360 + $2,030 + $812
= $3,202
<u>TC</u> Units
$64,500 (High) 2,470
} $30,700 } 2000
$33,800( Low) 470
<u>VC</u><u> </u><u>per</u><u> </u><u>Unit</u><u> </u><u>=</u><u> </u><u> </u> 30 700 ÷ 2000 = $15.35
when 470 units are sold,( substitute vc per unit = 15.35)
TC = FC + VC
33, 800 = FC + ( 15.35× 470)
FC = $ 26 586
The answer is: Social networks and related tools
Social media and other related tools allow the companies to provide information regarding their products to a wide variety of consumers segmentation with relatively cheaper price. Due to the low barrier of entry, small businesses often find easier success in marketing through these mediums rather than using traditional media.
Answer:
A decrease in demand leads to a decrease in supply.
A decrease in price leads to a decrease in supply.
An increase in price leads to an increase in supply.
Explanation:
Supply refers to the volume of a product that sellers are willing to sell in the market at a given price. As per the law of supply, a higher price motivates sellers to avail more products in the markets. Sellers or suppliers are businesses and are motivated by higher profits. When prices are high, the profit margin will be high, which is an incentive for increased supply. Lower prices have lower margins, which is a risk to a business. Low prices result in reduced prices.
Supply is influenced by demand. If supply does not match demand, there will be either a shortage or excess supply in the market. When demand is low, sellers will reduce supply to avoid losses associated with excess supply .
Answer:
Price will increase by $277.58
Explanation:
Market rate of Interest of a zero coupon bond can be determined by following formula
Market Rate of Interest = [ ( F / P )^(1/30) ] - 1
4.25% = [ ( $5000 / P )^(1/30) ] - 1
0.0425 + 1 = ( $5000 / P )^1/30
( 1.0425 )^30 = (( $5000 / P )^1/30)^30
3.4856 = $5000 / P
P = $5,000 / 3.4856
P = $1,434.46
Now Calculate the change in Price
Change in price = $1,434.46 - $1,156.88 = $277.58
Price will increase by $277.58
