Answer:
The journal entry is as follows:
On April 29,
Salaries A/c Dr. $1,250,000
To social security taxes payable 75,000
To medicare taxes payable 18,750
To Federal withholding taxes payable 250,000
To salaries payable 906,250
(To record the payroll for the week)
Answer: resources
Explanation: In simple words, resources refers to assets that are owned and used by a company to operate efficiently in the market.
In the given case, Carl scheduled safety training for the employees and took care that the injured employee gets his insurance. He performed all these decisions by using the money of the company.
Thus, he had been using the resources to tackle the situation.
Answer:
Remain same
Explanation:
In this situation, China makes tablets and smartphones only. The equipment used to manufacture these two products is nearly the same, the same collection of tools is equally useful in manufacturing both smartphones and tablets. So there is the constant opportunity cost of both commodities.
Resources are similarly appropriate for the manufacturing of two varied goods at a constant opportunity cost.
Therefore, the opportunity costs for additional smartphone remains the same.