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Shtirlitz [24]
3 years ago
13

Which pair of accounts follows the rules of debits and credits in relation to increases and decreases in the opposite manner? ca

sh and accounts receivable service revenue and sales revenue salaries expense and unearned revenue inventory and depreciation expense common stock and retained earnings?
Business
1 answer:
stiks02 [169]3 years ago
3 0
<span>Which pair of accounts follows the rules of debits and credits in relation to increases and decreases in the opposite manner? Salaries Expenses and Unearned Revenue. The Salaries Expense report shows the salaries that employees have been paid during a set period that is listed on the income statement. The Unearned Revenue account shows the amount of money a company has earned in advanced for providing goods or services. Employees can also be paid in advance but then owe the good or service to the company or provider. </span>
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Madzinga's Draperies manufactures curtains. A certain window requires the following:
Degger [83]

Answer:

Results are below.

Explanation:

<u>To calculate the direct material price and quantity variance, we need to use the following formulas:</u>

<u></u>

Direct material price variance= (standard price - actual price)*actual quantity

Direct material price variance= (5 - 4.9)*14,000

Direct material price variance= $1,400 favorable

Actual price= 68,600/14,000= $4.9

Direct material quantity variance= (standard quantity - actual quantity)*standard price

Direct material quantity variance= (1,500*10 - 14,000)*5

Direct material quantity variance= $5,000 favorable

<u>To calculate the direct labor efficiency and rate variance, we need to use the following formulas:</u>

Direct labor time (efficiency) variance= (Standard Quantity - Actual Quantity)*standard rate

Direct labor time (efficiency) variance= (5*1,500 - 7,600)*10

Direct labor time (efficiency) variance= $1,000 unfavorable

Direct labor rate variance= (Standard Rate - Actual Rate)*Actual Quantity

Direct labor rate variance= (10 - 10.5)*7,600

Direct labor rate variance= $3,800 unfavorable

Actual rate= 79,800 / 7,600= $10.5

6 0
3 years ago
(a) Explain the quantity theory and<br> (b) how does the theory explains the cause of inflation​
Digiron [165]

Answer:

The quantity theory of money defends that the money supply has a determining influence on the price level, that is, that the quantity of circulating money will necessarily be imputed to the value of the quantity of commercial operations that are carried out.

Therefore, this theory establishes that the creation of money without increasing the commercial volume (the total amount of tradable goods) will lead to inflation, since it is not really increasing the economic value of an economy, but only the money supply of it, which is "empty" of value, and therefore is coupled with existing commercial transactions.

8 0
2 years ago
The ability to consciously recognize and name the color of an object while we simultaneously and unconsciously monitor the objec
murzikaleks [220]

Answer:

C) dual processing

Explanation:

Dual processing is the psychological ability of a person to do two things at once. One of them is usually automatic while the other is concious.

In this instance recognising the color and naming it is concious, while the unconscious action is taking note of the shape.

Concious actions can easily be changed through education and training. But the automatic or impulsive action takes a longer time before behaviour change takes place.

7 0
3 years ago
The expenditure multiplier leads to greater than one-for-one changes in output when autonomous expenditure changes because______
In-s [12.5K]

Answer:

This is because a change in autonomous expenditure changes income and sets off further changes in induced expenditure.

6 0
3 years ago
Read 2 more answers
One of the challenges with sexist language is that ____.
mario62 [17]
<span>One of the challenges with sexist language is that </span><span>naming conventions related to marital status tend to only impact females. 
When you are changing the language which is considered to be sexist, usually only the words related to women are changed, whereas if men think that they are being treated unfairly, their claims are usually brushed off as unimportant, and this is a huge problem with languages in modern societies.
</span>
7 0
3 years ago
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