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Fittoniya [83]
3 years ago
15

After earthquakes hit the California coast and damaged tens of thousands of cars, there was a growing demand and need for automo

tive repair, glass replacement, dent repair and repainting.
In the labor market for car repair, the demand would be represented by:

A. body shop workers looking for work and supply is represented by the automotive body shops and glass repair companies providing jobs.
B. automotive body shops and glass repair and replacement companies, and supply represented by the automotive workers.
C. car owners wanting car repairs and supply represented by automotive and glass repair and replacement companies.
Business
1 answer:
Savatey [412]3 years ago
4 0

Answer:

The answer is option C. car owners wanting car repairs and supply represented by automotive and glass repair and replacement companies.

Explanation:

After earthquakes hit the California coast and damaged tens of thousands of cars, there was a growing demand and need for automotive repair, glass replacement, dent repair and repainting.

Demand is a good or service that consumers are willing and able to purchase at various prices during a given period of time.

In this situation, the car owners are wanting car repairs will be willing to purchase glass and other damaged parts of the car, as well as pay for the services of repairs.

While the automotive and glass repair and replacement companies will handle the supplies and repairs.

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A shoe company will make a new type of shoe. The fixed cost for the production will be $24,000. The variable cost will be $31 pe
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Answer:

Break-even point in units= 348

Explanation:

Giving the following information:

The fixed cost for the production will be $24,000. The variable cost will be $31 per pair of shoes. The shoes will sell for $100 for each pair.

<u>To calculate the break-even point in units, we need to use the following formula:</u>

<u></u>

Break-even point in units= fixed costs/ contribution margin per unit

Break-even point in units= 24,000 / (100 - 31)

Break-even point in units= 347.82 = 348

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Knowledge Check 01 On February 13, a jewelry store sells an engagement ring with a sales price of $10,000 to a nervous young man
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Answer:

Cash Dr 10975  

     To Sales  $10,000  

     To  Sales Tax Payable $975 ($10,000 × 9.75%)

(Being the cash is recorded)

Explanation:

The journal entry is shown below;

Cash Dr 10975  

     To Sales  $10,000  

     To  Sales Tax Payable $975 ($10,000 × 9.75%)

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The total of the debit account balances that will be reported on the company's adjusted trial balance at December 31, Year 1 is B) $9,000

Nelson Company Adjusted trial balance at December 31, Year 1

Debit side

Cash  $3,600

($3,800+$1,700-$1,900)

Account Receiveble $1,600

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Land $1,900

Salaries expenses  $1,400

Total debit balance $9,000

Credit side

Account payable $500

Salaries payable $1,400

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Service revenue $3,300

Total Credit balance $9,000

Inconclusion The total of the debit account balances that will be reported on the company's adjusted trial balance at December 31, Year 1 is B) $9,000

Learn more here:

brainly.com/question/15104337

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