Answer: Representative bias
Explanation:
Representative bias occurs when two decisions are wrongly compared by a decision maker due to the fact that there's a perceived similarity between the cases.
Regarding the question, since a similar situation led to the laying off of an employee, Chelsea is already worried that she'll be laid off as well even though this may not be the case. In such cases, due to the similarity, this confuses people's thinking.
Answer: 1Credit 2Credit 3Credit 4Debit 5Debit 6Credit 7Debit 8Debit 9Debit 10Debit 11Debit 12Debit
Explanation:
1 Due to divident is an obligation payable the nature of the transaction is to decrease the amount so you will have a credit in cash for the money that you will pay. 2 Prepaid rent is rent paid prior to the rental period to which it relates, so you have to register the prepaid asset and the cash that you will pay. You will have a credit in cash for this payment. Remind that during the month to which the rent payment actually applies you have to charges the payment to expense. 3Nature of Sells are credits, as you will have the sell of goods and an accounts receivable (debit). 4 Inventory is an Asset so the nature is debit, as a result of the transaction you will have an accounts payable (credit). 5 Supplies are Asset so the nature is debit, as a result of the trasaction you will have a money outflow. 6 Payment to employees are liabilities so the nature is credit as you have a money outflow. 7 As you will receive money for the issue of stock, the nature is debit. 8 The collection of cash will generate a money inflow so is debit. 9 For the loan you will obtain cash you is debit for the money inflow and credit for the loan. 10 The supplies used will be an expense so the nature is debit. 11 For the advacen payment you will have a money inflow so is debit. 12 The accrued employee wages are expenses so the nature is debit.
Answer:
it can help your brain
Explanation:
it warms your brain up to help you get ready for class and it gives you a glimpse of what you will cover that day.
i hope this helped
Answer:
9
Explanation:
Sales revenue (at $25 per case) ................................$2,000,000 $1,500,000 $2,250,000 Less: Cost of goods sold (at absorption cost of $21 per case) * ............................1,680,000 1,260,000 1,890,000 Gross margin .............................................................$ 320,000 $ 240,000 $ 360,000 Less: Selling and administrative expenses: Variable (at $ .50 per case) ............................40,000 30,000 45,000 Fixed ..............................................................37,500 37,500 37,500 Operating income ......................................................$ 242,500 $ 172,500 $ 277,500 *The absorption cost per case is $21, calculated as follows : production Planned over heading manufacture fixed Budgeted+ case per costing manufacture variable
=($400,000/80,000,)+ $16
= $5 + $16 = $21
1.b. Variable- costing income statement. a In year 4, the difference in reported operating income will be $50,000, calculated as follows: Change in inventory (in units) ×Predetermined fixed .
Answer:
the opportunity cost of the land purchase is $34,050
Explanation:
The computation of the opportunity cost of the land purchase is shown below;
= Cash outlay × return percentage
= $227,000 × 15%
= $34,050
Hence the opportunity cost of the land purchase is $34,050
We simply multiplied the cash outlay with the return percentage so the same would be calculated