Answer:
Expensre for the year is $205
Explanation:
The cosumable equipment which offices uses regularly for professional working writing recording etc. Company holds it's inventory and record it transactions in office supplies account.
Beginning Supplies = $0
Purchases for the year = $290
Supplies at December 31 = $85
As we know
Ending Balance = Beginning Balance + Purchases - Expense for the period
$85 = $0 + $290 - Expense for the period
$85 = $290 - Expense for the period
Expense for the period = $290 - $85 = $205
Answer:
a.
P = $3.50 per gallon
b.
Equilibrium Quantity = 165 million gallons
Explanation:
a.
The equilibrium price is the price at which Quantity demanded equals quantity supplied. To calculate the equilibrium price using the given equations for demand and supply, we need to equate both equations.
<u>Equilibrium Price (P) calculation</u>
QD = QS
200 - 10P = -10 + 50P
200 + 10 = 50P + 10P
210 = 60P
P = 210 / 60
P = $3.50 per gallon
b.
The equilibrium quantity can be calculated by inserting the value of Price (P) in any of the equation for demand or supply.
Equilibrium Quantity = 200 - 10(3.50)
Equilibrium Quantity = 200 - 35
Equilibrium Quantity = 165 million gallons
Answer:
NorthTel Wireless Services is an example of an organization with option<u> </u><u>B) Unity of Command</u>
Explanation:
Unity of Command is a management theory that is used by small, medium, large scale businesses and government. It has a lot of advantages in comparison with others like Centralized, decentralized, line managers and work specialization.
Unity of command provides that an employee is responsible to only one supervisor, who in turn is responsible to another supervisor, and so on up the organizational hierarchy.
To to demonstrate how unity of command works from the bottom up. Consider NorthTel Wireless Services where Astrid, a customer service represnetative answers to her manager, DeShawn who in turn answers to another supervisor and so on.
When you are at the bottom rung and you supervise no one. However, you do answer to your unit supervisor, who answers to her department manager. The department manager answers to the vice president of operations, who answers to the CEO. The CEO answers to the chairman of the board of directors.
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