Answer:
Break-even point in units= 14,000 units
Explanation:
Giving the following information:
Selling price= $60
Variable costs are $30 per unit
Fixed costs total $120,000.
Desired profit= $300,000
<u>To calculate the number of units to be sold, we need to use the following formula:</u>
Break-even point in units= (fixed costs + desired profit)/ contribution margin per unit
Break-even point in units= (120,000 + 300,000) / 30
Break-even point in units= 14,000 units
If the Federal Reserve decreases the interest paid on banks' reserves, then, it means it is trying to make banks hold less required reserves.
A decrease in interest paid on banks' reserves relates with charging a lower interest rate that ensure that bank keeps borrowing.
- So if Fed wants to give banks more reserves, it will reduce the interest rate it charges, thus, inducing the banks to borrow more.
In conclusion, the Option C is correct because If the Federal Reserve decreases the interest paid on banks' reserves, then, it means it is trying to make banks hold less required reserves.
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The summary journal entries related to the allowance for doubtful accounts for the current year is
No Transaction General Journal Debit Credit
1 B Allowance for doubtful accounts 120
Accounts receivable 120
Terrible debt, once in a while known as uncollectible bills cost, is a financial quantity owed to a creditor that is unlikely to be paid and for which the creditor isn't inclined to do so to collect.
A doubtful account or doubtful debt is an account receivable that could grow to be a bad debt at some unspecified time in the future in the future. If customers purchase on credit, organizing an allowance of dubious debts is a vital device for your stability sheet and earnings statement.
Doubtful accounts are an asset. the amount is pondered on a company's balance sheet as “Allowance For dubious bills”, in the belongings section, directly under the “debts Receivable” line item. doubtful money owed is considered to be a contra account, which means an account that displays a zero or credit balance.
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Answer:
Hawthorne effect
Explanation:
The Hawthorne effect refers to a reaction of the workers included in this experiment where their behavior will be modified (their productivity increased) simply because they know they are being observed. The study should be about how changes in the environment affect productivity, but what really affects productivity is the fact that the workers know they are being part of the study.
In the original Hawthorne experiments, if lighting was increased, productivity increased, but if lighting decreased, productivity also increased. So the changes in productivity had nothing to due with lightning conditions, but rather the fact that the workers were being part of an experiment.