The proper adjusting entry of the supplies account will include a debit to Supplies Expense $4,750 and a credit to Supplies $4,750.
<h3>What is a
Supplies expenses?</h3>
In account, this means cost of consumables that is used during a reporting period.
Supplies Expense = $6,250 - $1,500
Supplies Expense = $4,750
Therefore, its include a debit to Supplies Expense $4,750 and a credit to Supplies $4,750.
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Answer: Your tax bracket (and tax burden) becomes progressively higher. In a progressive tax system, rates are based on the concept that high-income taxpayers can afford to pay a high tax rate. Low-income taxpayers pay not just lower taxes overall, but a lower percentage of their income within this tax system.
I got it off the internet):
Explanation:
That the government is focused on other things but is also trying as hard as they can to help those citizens.
Answer:
Part A:
Labur Productivity:
For US=5.14, LDC=1.35
Capital Productivity:
For US=1.72 LDC=4.31
Part B:(Multi factor productivity)
For US=1.29 LDC=1.03
Part C: (Raw material productivity)
For US=4.90 LDC=10.02
Explanation:
Part A:
Labur Productivity:
For US:
For LDC:
Capital Productivity:
For US:
For LDC:
Part B:
For US:
For LDC:
Part C:
For US:
ForLDC:
Converting Raw material FC into $ (1$=10FC)
Raw Material =19550/10=$1955
The variable cost is calculated as -
Sales - Variable cost = Contribution Margin
Given, Contribution Margin = 25 %
Variable cost = 1 - Contribution Margin = 1 - 25 % = 75 %
25 % of Sales = Contribution Margin = $ 400,000
Sales = $ 400,000 ÷ 25 %
Sales = $ 1,600,000
Variable costs = 75% of Sales = 75 % × $ 1,600,000 = $ 1,200,000