Explanation:
The journal entries are shown below:
1. Salaries expense A/c Dr $1,200 ($400 × 3 days)
To Salary payable A/c Dr $1,200
(Being the accrued salary is recorded)
The 3 days are calculated from December 28 to December 31
2. Salaries expense A/c Dr $4,400 ($400 × 11 days)
Salary payable A/c Dr $1,200
To Cash A/c $5,600
(Being the payment is recorded)
3. Now the adjusted balance of Salaries Payable is
= Salaries Payable before adjustment in 2015 + Adjusted balance
= $0 + $1,200
= $1,200
It is controlling. It is characterized as a precise exertion by business administration to contrast execution with foreordained norms, plans, or targets keeping in mind the end goal to decide if execution is in accordance with these measures and apparently so as to make any therapeutic move required to see that human and other corporate assets are being utilized as a part of the best and effective path conceivable in accomplishing corporate destinations
Answer:
Break Even Point
In Units = 2,000 units
In value = $80,000
Explanation:
Break even Point = 
When we use contribution per unit, we get the break even point in units sales.
When we use the contribution margin as a percentage of sales we get break even sales in value.
Contribution per unit = $20
Contribution margin in percentage = $20/$40 = 50%
Therefore, Break even Point in units = 
Break even units = 2,000
Break Even Point in value = 
Sales to be made in value at break even = $80,000
Laura is checking on schedule feasibility.
She is doing everything in order to see whether each phase will run smoothly and according to her schedule. She wants to see if her schedule is possible at all, which is why she is making a timetable to prove her hypotheses.
Potential output or potential GDP is also known as Full-employment GDP.
<h3>
</h3><h3>
What do you understand by Full-employment GDP?</h3>
Full Employment GDP is the fictitious GDP level that an economy would reach if it reported full employment or the GDP level that would result in zero unemployment. An economic scenario known as full employment occurs when all of the labor resources are being utilized as effectively as feasible. The term "full employment" refers to the maximum possible level of both skilled and unskilled workers in a given economy. Or more people will be required to produce the goods and services the more the economy produces. However, there will come a point at which all resources are used up and no more output can be created.
To learn more about Full-employment GDP, visit:
brainly.com/question/13522146
#SPJ4
