Customer A would be much worse off as a result of the sales rate increase than Customer B.
Customer B will face fewer negative opportunity costs as a result of the sales raising taxes than Consumer A.
Customer A sales tax rate <u>rises </u>of 2% on a $10,000 car buy equals 2% of Consumer A's income, but only 4% of Consumer B's revenue.
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Answer:
Debit Office supplies, $500; credit Accounts payable, $500.
Explanation:
Purchase of supplies on credit will increase the supplies and increase the account payable balance as well. Supplies account is an asset account therefore it has debit balance and Account payable is a liability account so it has credit balance. To reflect the event following Journal entry is recorded.
Debit Office supplies $500
Credit Accounts payable $500
The correct answer is False
Explanation:
Child care providers are usually professionally prepared individuals who take care of children, this includes teachers, babysitters, nannies, counselors, etc. Additionally, child care providers can work in specific institutions such as schools or take care and supervise children in the child's home. In most cases, being a child care provider implies dealing with different children and therefore different personalities, needs, and conditions.
Due to this, it is common child care provides find themselves caring for a child with conditions such as measles, food allergies, bronchitis, and even asthma. In the case of asthma, this is can be found in around 10% of children, and therefore it is not extremely uncommon child care providers had to take care of a child with asthma.
Answer:
The correct answer is B.
Explanation:
Giving the following information:
Units produced 600 units
Direct materials $40 per unit
Direct labor $13 per unit
Variable manufacturing overhead $6 per unit
Variable selling and administrative costs $4 per unit
The variable costing method calculates the cost of goods based on direct material, direct labor, and variable manufacturing overhead.
First, we need to calculate the unitary cost of production:
unitary cost= 40 + 13 + 6= $59
Inventory= 600 units - 450 units= 150 units
Inventory cost= 150*59= $8,850
Answer:
- All of the above
Explanation:
This is the best answer for this question because a poor credit score can result in difficulty finding a job, renting an apartment, and obtaining credit in the future. I didn't see anything about higher interest charges, but one can logically conclude that that would also be affected
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