Increasing opportunity costs occur along the ppf because:

July 1 Purchased merchandise from Boden Company for $6,000 under credit terms of 1/15, n/30, FOB shipping point, invoice dated J

kramer

Answer:

Journal Entries are as below

Directive or Autocratic Decision Making:

Managers who embed such style assess few alternatives and consider limited information while taking any decision. They are intuitive and impulsive, do not find it important to consult with others or seek information in any form and use their cognitive process and idea while taking decisions.

BLINK COMPANY

JOURNAL

PERPETUAL INVETORY SYSTEM [AMOUNT IN $]

DATE PARTICULARS INVOICE DATE DR. CR.

Jul-01 PURCHASE A/C Jul-01 6,000

1/15,N/30 PAYABLE A/C {BODEN CO.} 6,000

Jul-02 A/C RECIEVABLE {CREEK CO.} Jul-02 900

SALES 900

2/10,N/60

COST OF GOODS SOLD 500

INVENTORY 500

Jul-03 CARRIAGE INWARDS A/C Jul-01 125

CASH A/C 125

Jul-08 CASH A/C 1,700

SALES A/C 1,700

COST OF GOODS SOLD 1,300

INVENTORY 1,300

Jul-09 PURCHASE A/C Jul-09 2,200

PAYABLE A/C {LEIGHT CO.} 2,200

2/15,N/60

Jul-11 PAYABLE A/C {LEIGHT CO.} Jul-09 200

INVENTORY 200

Jul-12 BANK A/C Jul-02 882

DISCOUNT ALLOWED 18

A/C RECIEVABLE {CREEK CO.} 900

Jul-16 PAYABLE A/C {BODEN CO.} Jul-01 6,000

BANK A/C 5,940

DISCOUNT RECEIVED 60

Jul-19 A/C REVIEVABLE {ART CO.} 1,200

SALES 1,200

2/15,N/60

COST OF GOODS SOLD 800

INVENTORY 800

Jul-21 SALES RETURN A/C Jul-19 200

A/C RECIEVABLE {ART CO.} 200

INVENTORY 134

COST OF GOOD SOLD 134

Jul-24 PAYABLE A/C {LEIGHT CO.} 2,000

BANK A/C 1,960

DISCOUNT RICEIVED 40

Jul-30 BANK A/C Jul-19 980

DISCOUNT ALLOWED 20

A/C RECIEVABLE {ART CO.} 1,000

Jul-31 A/C RECIEVABLE {CREEK CO.} Jul-31 7,000

SALES 7,000

2/16,N/60

COST OF GOODS SOLD 4,800

INVENTORY 4,800

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3 0

3 years ago

Keithomp, a company that manufactures and exports candies, sells different flavors of candy depending on the taste preferences o

qwelly [4]

Answer: Option B

Explanation: In simple words, geographic departmentalization refers to the process under which an organisation separates its market operations on the basis of the geography such as country, state or district etc.

In the given case, company has separated its operations on the basis of different preferences of different countries.

Hence from the above we can conclude that the correct option is B .

8 0

3 years ago

When the price of Milk is $5 per gallon consumers demand 1,000 boxes of Boo Berry Cereal. When the price of milk increases to $5

alexandr1967 [171]

Answer: a. 10%

b. -30%

Explanation:

a. What is the percentage change in the price of milk?

Old price = $5.00

New price = $5.50

Percentage change = ($5.50 - $5.00)/$5.00 × 100

= 0.50/5.00 × 100

= 1/10 × 100

= 10%

Percentage change on price = 10%

b. What is the percentage change in the quantity demanded for Boo Berry Cereal?

Old quantity = 1000

New quantity = 700

Percentage change = (700 - 1000)/1000 × 100

= -300/1000 × 100

= -30%

The percentage change in the quantity demanded for Boo Berry Cereal is -30%.

6 0

2 years ago

A periodic review system is __________. a. a term used to indicate the amount of demand b. to be met under conditions of demand

vladimir2022 [97]

Answer:

The correct answer is letter "C": an inventory system that is used to manage independent demand inventory.

Explanation:

A Periodic Review System is used to keep track of the inventory of a firm after determined periods. Review intervals are set by the company in an attempt to find out the amount of stock needed to fulfill consumers' orders or to reach the company's Target Inventory (TI). This inventory system is used to handle independent demand inventory.

3 0

3 years ago

Marilyn has a biweekly gross pay of $810 and claims 3 federal withholding allowances. Marilyn has all of the following deduction

frutty [35]

The net pay of Marilyn will increase by $18.15 due to the increase in the federal withholding allowances from 3 to 4.

<h3>The computation of net pay considering various federal withholding allowances</h3>

Given,

Gross pay =$810

3 Federal withholding allowances =$37 (taken from the reference table)

4 Federal withholding allowances =$22 (taken from the reference table)

Federal state tax rate =21%

First, the state tax rate and the total amount of withholding for 3 Federal withholding allowances are computed:

$\begin{aligned}\text{State Tax}&=\text{Claim Amount}\times\text{Federal State Tax Rate}\\&=\$37\times21\%\\&=\$7.77\end{aligned}$

$\begin{aligned}\text{Total Amount of 3 withholdings}&=\text{Claim Amount}+\text{State Tax}\\&=\$37+\$7.77\\&=\$44.77\end{aligned}$

Now, the state tax rate and the total amount of withholding for 4 Federal withholding allowances are computed:

$\begin{aligned}\text{State Tax}&=\text{Claim Amount}\times\text{Federal State Tax Rate}\\&=\$22\times21\%\\&=\$4.62\end{aligned}$

$\begin{aligned}\text{Total Amount of 4 withholdings}&=\text{Claim Amount}+\text{State Tax}\\&=\$22+\$4.62\\&=\$26.62\end{aligned}$

The difference in the net pay will be the difference between $44.77 and $26.62, which is $18.15.

Therefore, Marilyn withholding will decrease from $44.77 to $26.62 that is increasing the net pay by $18.15

Learn more about federal-state tax, refer to the link:

brainly.com/question/25828729

7 0

2 years ago