Answer:
a.$90,989
Explanation:
Under variable costing balance sheet, only the variable cost of unsold units, is added to the unsold inventory held in hand.
Also the fixed cost is charged to income statement fully.
Thus, cost for 2,000 units unsold, as on the variable balance sheet.
Direct Material = = $20,092
Direct Labor = = $26,345
Variable Factory Overhead = = $29,161
Variable Operating Expenses = = $15,391
Total = $90,989
Answer:in this photo, this phase of the moon is called waning crescent.
The next phase will be new Moon.
About 27 days from now the phase will be waning crescent.
Explanation: Just did it on edge 2020 :)
It can lead to burnout, low performance, stress leave,sick leave
Answer:
1. Price Level
= Nominal GDP/Real GDP
= 12 trillion/4 trillion
= $3
b. Velocity
= Price level * Real GDP/ Money supply
= 3 * 4/0.4
= 30
2. If the Fed keeps the money supply constant, the price level will <u>Decrease</u> , and nominal GDP will <u>Remain the same</u> .
The economy rose however money supply was kept constant. This means that prices could not rise and so had to decrease to cater for the increase in output. With lower prices but higher output, the Nominal GDP remained the same.
3. If the Fed wants to keep the price level stable instead, it should keep the money supply unchanged next year. <u>TRUE</u>
4. If the Fed wants an inflation rate of 11 percent instead, it should <u>Increase</u> the money supply by <u>14%.</u>
<u></u>
(Percentage Change in Money supply) + (Percentage Change in V) = (Percentage Change in Price) + (Percentage Change in GDP).)
V is constant so is 0.
(Percentage Change in M) = (Percentage Change in P) + (Percentage Change in Y).)
= 11% + 3%
= 14%
Answer:
Debit cash for $1,180
Credit unearned catering revenue for $1,180
Explanation:
Unearned revenue refers to the amount of money that is received in cash by a company for goods that are yet to be delivered or services that yet to be rendered.
The $1,180 advance payment received by Ted Catering is unearned catering revenue. The eneral journal entry that Ted Catering will make to record the cash receipt wil appear as follows:
<u>Account title Dr ($) Cr ($) </u>
Cash 1,180
Unearned catering revenue 1,180
<em><u>(To record unearned catering revenue.) </u></em>