Answer:
Less
Reducing supply
Explanation:
Because of the announcement by WebMed, people would demand less chicken ,which would cause demand to fall and the demand curve would shift to the left as a result.
Suppliers would respond by reducing supply, supply would fall and the supply curve would shift to the left.
As a result, equilibrium price and quantity would fall.
I hope my answer helps you
Answer:
$1,235.48
Explanation:
4.5 + 4 = 8.5hrs
8.5hrs x $8.55 = $72.675 per display changes
52 weeks / 3 = 17.33 times of changes for the whole year (17 rounded)
$72.675 x 17= $1,235.48
The largest amount of money the government lays out is for the transfer program, Social Security. And its largest expenditure is for national defense. America is quite known for spending a lot of money on defending itself from any possible threat.
Answer:
Explanation:
The preparation of the schedule of accounts to payable for Bioplast Jewelry, Inc., as of January 31, 2019 is shown below:
Schedule of Accounts payable
Evans Enterprises $2,300 ($2,600 - $300)
Stamos Distributors $3,700 ($4,100 - $400)
Tonetta Company $2,900
Total $8,900
Yes, the total of accounts payable agrees and equal to the balance of the accounts payable account as each account payable is closed to the account payable control account
The company in here is forced to sale their older inventory
because of the demand of 700 units while the inventory that last entered their
warehouse was only 600 units. Since they are following the LIFO method of
inventory, LIFO liquidation will take place and the normal gross profit will
differ than the actual profit. The sales for Rose Industries would be $21,000
(700 units x $30). The COGS should have been $12,600 (700 units x $18)
following the normal sale of inventory giving the normal gross profit as $8,400
($21,000 - $12,600). But since the demand is higher than the inventory that was
last purchased, the company needs to sell 100 units of product ab that costs
$12. Therefore, the COGS would be $12,000 [(600 units x $18) + (100 units x
$12). Therefore the actual gross profit is $9,000 which is $600 higher than the
normal gross profit.