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Rom4ik [11]
3 years ago
7

Which of the following will be affected if consumers take money out of checking accounts to pay their credit cards?A. M1B. M2C.

M3D. M4
Business
1 answer:
Orlov [11]3 years ago
7 0

Answer:

B. M2

Explanation:

M2 refers to a measure of the total supply of money, which includes money at bank and cash. Thus, M2 will be affected if consumers take money out of a checking accounts to pay their credit cards.

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During the period, labor costs incurred on account amounted to $175,000, including $150,000 for production orders and $25,000 fo
tino4ka555 [31]

Answer:

Option (c) is correct.

Explanation:

Given that,

Labor costs = $175,000

Production order = $150,000

General factory use = $25,000

Factory overhead applied to production = $23,000

Therefore, the journal entry is as follows:

Work in process A/c Dr. $23,000

       To Factory overhead             $23,000

(To record the factory overhead applied to production)

6 0
3 years ago
Double entry system means?
Soloha48 [4]
Every transaction has a double effect i.e Dr and cr
5 0
3 years ago
Suppose you deposit $2,262.00 into an account today. In 11.00 years the account is worth $3,855.00. The account earned ____% per
zmey [24]

Answer:

4.97 %

Explanation:

Data and Calculation :

PV = - $2,262.00

N =  11.00

FV = $3,855.00

P/YR = 1

PMT = $0

I/YR = ? 4.97 %

THUS,

The account earned 4.97 % per year.

3 0
3 years ago
A contract that combines a good with a service is considered what kind of sale?
kykrilka [37]

A contract that combines a good with a service is considered Mixed Sale

<h3>What is Mixed Sale?</h3>

A foundational business model known as the "marketing mix" has historically focused on the four Ps of product, price, place, and promotion. The phrase "collection of marketing instruments that the firm utilizes to pursue its marketing objectives in the target market" refers to the marketing mix.

Early in the twenty-first century, marketing theory first appeared. The modern marketing mix was initially published in 1984 and has since evolved into the framework for all marketing management choices. An extended marketing mix is utilized in the services industry; it often consists of 7 Ps, which are made up of the basic 4 Ps plus process, people, and physical evidence. Occasionally, service marketers will use the term "8 Ps," which refers to these 7 Ps plus performance and includes "product, pricing, place, promotion, people, positioning, packaging."

To learn more about Mixed Sale from the given link:

brainly.com/question/25860138

#SPJ4

4 0
2 years ago
Information about three joint products follows: X Y Z Anticipated production 12,000 lbs. 8,000 lbs. 7,000 lbs. Selling price/lb.
V125BC [204]

Answer:

It is advisable to process Z unit further.

Explanation:

Ans: C. Z.

Decision about further processing of Products

Particulars/ Products X Y Z

Selling Price after further processing $ 20 $ 40 $ 70

Less: Selling Price at split off $ 16 $ 26 $ 48

Incremental value $ 4 $ 14 $ 22

Less: Further Processing Cost $ 8 $ 20 $ 20

Profit / (loss) arising due to further processing (a) ($ 4) ($ 6) $ 2

Units (b)       12,000       8,000       7,000

Increase/ (Decrease) in Operational Income (a*b) ($ 48,000) ($ 48000) $ 14,000

It is advisable to process Z unit further.

5 0
3 years ago
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