If a person write a check for $759 to make a payment on a loan, then the account balance would be changed as in the balance sheet of the person.
<h3>What is account balance?</h3>
An Account balance is limited as the amount of monetary system that is hold in a specific account in the bank account or in any another account.
From the given case, if a person make a payment of loan, then the account balance would be:
Assets = $36,767 ($37,526 – $759)
Liabilities = $12,086 ($12,845 -$759)
Equity = $32,500
Therefore, the balance of Equity remains unaffected by the payment of loan.
Learn more about the loan, refer to;
brainly.com/question/11794123
#SPJ1
Answer:
$54,000
Explanation:
Calculation to determine what the amount of Human Resources cost allocated to the Assembly Department is:
Using this formula
Human Resources cost allocated to the Assembly Department=Human Resources budgeted costs* Human resource percentage
Let plug in the formula
Human Resources cost allocated to the Assembly Department=$90,000 x 60%
Human Resources cost allocated to the Assembly Department = $54,000
Therefore Using the step-down method and assuming the Human Resources Department is allocated first, the amount of Human Resources cost allocated to the Assembly Department is:$54,000
Answer:
d. the quantity demanded for the market will increase to less than 30,000 workers.
Explanation:
Missing options:
- a. the quantity demanded for the market will increase to 30,000 workers.
-
b. the quantity demanded for the market will increase to more than 30,000 workers.
-
c. the quantity demanded for the market will increase, but we can't tell which of the above answers is correct.
-
d. the quantity demanded for the market will increase to less than 30,000 workers.
maximum total demand for labor = 30 (at $8) x 1,000 firms = 30,000 workers, but since the equilibrium rate had been $9 for many years, some workers have already been hired at $9, and it is usually very difficult to lower someone's wage once they have been working. Even thought the quantity demanded will increase, it will probably not be able to reach 30,000 workers.
Answer:
Instructions are below.
Explanation:
Giving the following information:
Selling price= $90
Unitary variable cost= $36
Fixed costs= $135,000
First, we need to calculate the contribution margin per unit.
Contribution margin= selling price - unitary variable cost
Contribution margin= 90 - 36= $54
To calculate the break-even point in units, we need to use the following formula:
Break-even point in units= fixed costs/ contribution margin per unit
Break-even point in units= 135,000 / 54
Break-even point in units= 2,500 units
Answer:
The answer is LIFO
Explanation:
LIFO is Last in First out. It means the Inventory that was purchased last goes out first.
In periods LIFO, cost of sales reflects the cost of goods purchased recently and the ending Inventory reflects the older goods.
In periods of falling prices, the costs of ending inventory are high, cost of sales are low and the gross profit are high.
