Answer:
2. Begin with a grid divided into squares.
Explanation:
This is a best approach because it allows for accuracy/precision. To successfully indicate the increase in customer satisfaction on a line chart, before anything else having grid divided into squares makes it easy for her to setup her scale for the two months customer satisfaction data.
After completing this phase, then she could proceed further with the drawing of line chart; which should indicate the rate of change in customer satisfaction on the vertical axis.
Answer:
C. $500
Explanation:
According to neoclassical economic theory, the factors of production are paid their marginal product. This payment is called the factor price.
In this case, labor is the factor of production, and the factor price is the wage, therefore, the wage is equal to the marginal product.
If the 10th worker has a marginal product of 10 units of output, and each unit of output is worth $50, then, his wage is:
10 x $50 = $500
Hope this helps. Enjoy! Explanation is provided.
Answer:
$475
Explanation:
the summary journal entry to record sales revenue and warranty expense during 2018:
Dr Cash 200,000
Cr Sales revenue 200,000
Dr Warranty expense 800
Cr Warranty liability 800
The journal entry to account for actual warranty costs:
Dr Warranty liability 740
Cr Cash (or wages payable or inventory) 740
the December 31, 2018 balance of warranty liability = initial balance + warranty liability associated to 2018 sales - incurred warranty costs = $415 + $800 - $740 = $475