Answer:
A credit to Cash of $299
Explanation:
Journal Entry Debit Credit
Merchandise inventory $62
Delivery charges $46
Office supplies $30
Miscellaneous expenses $51
Cash over and short
$100
Cash $299
Cash to be reimbursed = Minimum cash balance required - Cash balance left
Cash to be reimbursed = $500 - $201
Cash to be reimbursed = $299
Answer:
D.) producer surplus equals the total amount firms receive from consumers minus the cost of production
Answer:
500,000 units
Explanation:
The Production Budget can be used to determine the number of units that needs to be manufactured in order to meet Sales and Inventory targets as follows :
Production Budget for Next Year
Sales 510,000
Add Closing Finished Goods Inventory 60,000
Total 570,000
Less Opening Finished Goods Inventory (70,000)
Budgeted Production 500,000
Therefore,
The number of units it would have to manufacture during the year would be 500,000
Answer: Promotion
Explanation: Price, product, promotion, research, firm characteristics etc. are the elements that a domestic marketer can control on his or her level.
In the given case, Jennifer is assigned to make the plan for marketing and she wants to start her plan by determining the variables factor. As she has already determined price, product and channels of distribution she is only left with the promotion variable.
Answer:
The answer is: B) employers can motivate employees by paying them more than the prevailing wage.
Explanation:
The "efficiency wage" theory states that if an employer increases the wage of his (or her) employees, they will be motivated and their productivity will increase. The increase in productivity should offset the increased labor costs. So the costs of higher wages should be recouped through increased productivity.
