The answer is a. buying it.
When people buy goods then it creates a demand and when that demands
lead to more production to meet those demands.
The more the demand for a product or service, the value for it goes up.
Answer:
The exercise is attached.
Explanation:
On June 1, Baby Raising Magazine collected cash of $63,000 on future annual subscriptions starting on July t 1. Journalize the transaction to record the collection of cash on June 1 2. Joumalire the transaction requieed at December 31, the magazine's year end, assuming no revene eamed has been recorded (Round adjystment to the nearest whole dolar)
Answer:
1,708 Unfavorable
Explanation:
Revenue Variance = Budgeted Revenue - Actual Revenue, and where actual revenue is less than standard revenue, then variance will be unfavorable.
Note: The variance is calculated for revenue and not the net profit, because both are different terms.
Budgeted = 3,100 tenant days
Actual = 3,120 tenant days
Revenue Budgeted for actual tenant days = $34
3,120 = $106,080
Less: Actual Revenue = $104,372
Since Standard revenue is more than actual revenue, the variance will be unfavorable = $106,080 - $104,372 = 1,708 Unfavorable