Answer:South Africa has a mixed economy in which there is a variety of private freedom, combined with centralized economic planning and government regulation.
Explanation:
Answer:
Material Price Variance = $2,500 Unfavorable
Explanation:
Standard fabric for each cap = 2.00 yard
Standard price per yard = $2.00 per yard
Actual price per yard = $2.10
Actual Quantity = 25,000 yards
Materials price variance = (Standard price - Actual Price) 
Actual Quantity
= ($2.00 - $2.10) 25,000 = - $0.10 25,000
= - $2,500
Since it is negative in value it is Unfavorable
Changing in response to the supply-side policy.
<h3>What causes a movement along the Phillips curve?</h3>
- An increase in AD is a shift from point A to point B. Inflation rises, and the jobless rate falls when AD rises. A shift from point A to point C corresponds to a reduction in AD.
- The Phillips curve is a diagram that illustrates the economic link between the rate of unemployment and the pace at which wages are changing in terms of money. It reflects the belief of economist A. William Phillips that wages tend to increase more quickly when unemployment is low.
- According to the Phillips curve, unemployment and inflation are inversely related. Lower unemployment is correlated with higher inflation, and vice versa.
A movement along the phillips curve shows that the unemployment rate and inflation rate are.
Changing in response to the supply-side policy.
To learn more about the Phillips curve, refer to:
brainly.com/question/14058703
#SPJ4
Answer:
Bad debt expense 6,500 debit
Allowance for uncollectible account 6,500 credit
Explanation:
"determined that there should be an allowance for uncollectible accounts of $5,150 at December 31, 2022."
We need to recognize as much bad debt as it need to leave the allowance balance on our expected uncollectible account.
balance for allowance before adjsutment:
beginning - write-off = unadjusted allowance
1,250 - 2,600 = -1,350
expected balance - unadjusted balance = adjustment
5,150 - (-1,350) = 6,500
Bad debt expense 6,500 debit
Allowance for uncollectible account 6,500 credit
