Answer: If we sell a product in a perfectly competitive market, then we are bound by the same rule with which most firm operate.
∴ Even if we are not happy with its price, we would not raise the price, even by a cent. This is because , in a perfect competitive market there are several sellers selling the same commodity and since they are the "price taker", they will not be able to comprehend a price change in the commodity as it will lead to decrease in their consumer. i.e. Here consumer will prefer other sellers over that firm.
Answer:
A. Mar 31
Dr Raw materials $50,400
Cr Account pay $50,400
B. 31
Dr Factory labour $61,300
Cr Factory wages $61,300
Explanation:
Preparation of the Journal entries for Sunland Company
A. Since we were told that the company purchases the amount of $50,400 of raw materials on account this means that the transaction will be recorded as:
Mar 31
Dr Raw materials $50,400
Cr Account pay $50,400
B. Based on the information given we were told that the company incurs the amount of $61,300 of factory labor costs this means that the transaction will be recorded as:
31
Dr Factory labour $61,300
Cr Factory wages $61,300
Answer:
well a needs is like food and water and a want is like a ps4 or a xbox 1 and stuff that wont help you survive but you want it
Answer:
Motivators
Explanation:
The motivating factor for Sam was an appropriate and suitable job profile for him. The other factors were covered well by the Hygiene factors and also the Extrinsic rewards were well in place. However, the motivator for him was his contents of the job profile itself which was prominently missing in Sam’s company which raised his levels of dissatisfaction.
The correct answer is Riverside will pay FUTA - $420 and SUTA - $336. Harrison will pay FUTA - $420 and SUTA - $408.
When completing this question it is important to know that the FUTA tax rate for 2019 is 6% on the first $7,000 of earnings each year.
Riverside Country Club will pay FUTA at 6% of $7,000 and SUTA of 4.2% of $8,000.
FUTA = $420
SUTA = $336
Harrison Furniture Company will pay FUTA at 6% of $7,000 and SUTA of 5.1% of $8,000.
FUTA = $420
SUTA = $408