Answer:
See below
Explanation:
Statement of stockholder's equity at the end of the year 31, December.
•Retained earning
Opening balance
$7,400
Income for the year
$7,700
Dividend paid
($2,400)
Common stock issuance
------------
End of year balance
$12,700
•Common stock
Opening balance
[$12,000 + $7,400]
$19,400
Income for the year
$7,700
Dividend paid
($2,400)
Common stock issuance
$7,200
End of year balance
$31,900
= $31,900 - $12,700
= $19,200
Answer:
c. 12 pairs of jeans per pair of shoes
Explanation:
Suppose that Spain and Germany both produce jeans and shoes.
Spain's opportunity cost of producing a pair of shoes is 5 pairs of jeans Germany's opportunity cost of producing a pair of shoes is 10 pairs of jeans.
By comparing the opportunity cost of producing shoes in the two countries, you can tell that__Spain__ has a comparative advantage in the production of shoes and _Germany__has a comparative advantage in the production of jeans.
Similarly, Germany can gain from trade as long as it receives more than 10 pair of shoes for each pair of jeans it exports to Spain.
Based on your answer to the last question, which of the following terms of trade (that is, price of shoes in terms of jeans) would allow both Germany and Spain to gain from trade?
c. 12 pairs of jeans per pair of shoes
The answer is accord. It is a proposal to substitute a dissimilar obligation for one that was beforehand unsettled, plus the recognition of that offer. Either of the parties convoluted can suggest an accord. If the recently substituted obligation is essentially performed, the act is named a satisfaction.
Answer:
The correct answer is option b.
Explanation:
The number of units of output sold is 8,000
.
The sales revenue is $9,600,000
.
The variable costs are $6,000,000
.
The fixed costs are $2,600,000.
The price of the product
= 
= 
= $1,200
The average variable cost is
= 
= 
= $750
Profit = TR - TC
Profit = 
$1,270,000 = $1,200Q - $750Q - $2,600,000
$3,870,000 = $450Q
Q = 
Q = 8,600 units
Answer:
a. flow of costs.
Explanation:
job order costing system is used mainy by companies that make small quantities of distinct products or performs unique services that sticks to specifications as design by the purchaser.
