During the current year, merchandise is sold for $11,750,000. the cost of the goods sold is $7,050,000.

ECONOMICS PLEASE HELP TIMED!! Cow Tippers is a manufacturer that produces both leather cowboy boots and cowboy hats. Which of th

Alenkasestr [34]

The factor that might lead to a decline in the supply of cowboy boots is the price that consumers are willing to pay for cowboy hats has increased.

<h3>What leads to a decrease in supply?</h3>

Factors other than a change in the price of A good would lead to either an increase or decrease in supply or a shift of the supply curve. Such factors include :

A change in the price of input
A change in the number of suppliers
Government regulations
Technological changes
A change in the price of substitute goods.

To learn more about the change in supply, please check: brainly.com/question/15835771

7 0

2 years ago

Pro-Weave manufactures stadium blankets by passing the products through a weaving department and a sewing department. The follow

taurus [48]

Answer:

a. raw materials purchases

raw materials 505,000 debit

account payable 505,000 credit

b. direct materials usage

Weaving WIP 304,000 debit

Sewing WIP 84,000 debit

Raw Materials 388,000 credit

c. indirect materials usage

Factory overhead 164,000 debit

Raw Materials 164,000 credit

d. direct labor usage

Weaving WIP 1,275,000 debit

Sewing WIP 485,000 debit

Wages Payables 1,760,000 credit

e . indirect labor usage

Factory overhead 1,525,000 debit

Wages Payables 1,525,000 credit

f. other overhead costs

Factory Overhead 186,000 debit

Other Account Payable 186,000 credit

g. overhead applied

Weaving WIP 1,083,750 debit

Sewing WIP 751,750 debit

factory Overhead 1,760,000 credit

h. payment of total wages costs.

Wages Payable 3,285,000 debit

Cash 3,285,000 credit

Explanation:

the direct cost is assigned to each department while the indirect cost into factory overhead

g) overhead calculations:

Weaving $1,275,000 labor x 85% = 1,083,750

Sewing $ 485,000 labor x 155% = 751,750

Total applied overehead: 1,835,500

h) total wages cost:

Wages payable T-account

DEBIT CREDIT

--------------------------------------

d) 1,760,000

e) 1,525,000

Balance 3,285,000

6 0

3 years ago

Refer to Table 8-16. Given the information above, what can we say has happened in the economy from 2019 to 2020

Airida [17]

We can say the price level has risen in the economy from 2019 to 2020.

In the U.S., growth is expected to slow to 2% in 2020 from 2.3% in 2019 and fall further to 1.7% in 2021 (2020 growth compared to October WEO 0.1 percentage point decrease).

Real GDP fell by 3.5% in 2020 (from the 2019 annual level to the 2020 annual level) compared to a 2.2% increase in 2019 (Table 1).

The outbreak led to a sharp contraction in the economy in March 2020, resulting in real GDP contracting by 5.1% annualized in the first quarter and 31.2% in the second quarter.

Learn more about the economy at

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8 0

2 years ago

There is an old American adage (saying): If you owe the bank a small amount of money, the bank controls you. If you owe the bank

Alekssandra [29.7K]

Answer:

See explanation below for answer.

Explanation:

In the case of the United States debt to China, the bank in this case is China because, following the analogy in the question, the person entity that lends money to another is the "bank".

As of December 2019, the United States debt to China stood at $1.07 trillion.

This therefore goes to further buttress the point of China being the bank in the case of them lending money to the United States of America.

3 0

3 years ago

Which of the following events are examples of positive social media coverage?

swat32

- xcorporation announces the launch of its latest headphones on social media websites
-a video featuring xcorporation talking about its new headphones goes viral

7 0

3 years ago