Answer:
Date Accounts Titles & Explanation Debit Credit
Dec 31 Rent Expense $2,040
($6,120 *2/6)
Prepaid Rent $2,040
Dec 31 Deferred Revenue $525
Service Revenue $525
Dec 31 Salaries Expense $700
Salaries Payable $700
Dec 31 Supplies Expense $2,390
($3,100 - $710)
Supplies $2,390
Demon Deacons Corporation
Adjusted Trial balance
December 31, 2021
Accounts Debit$ Credit$
Cash 9,100
Account receivable 14,100
Prepaid rent 4080
Supplies 710
Deferred revenue 1,575
Salaries payable 700
Common stock 11,000
Retain earnings 5,100
Service revenue 45,245
Salaries expenses 31,200
Rent expenses 2,040
Supplies expenses <u>2,390</u> <u> </u>
Total $<u>63,620</u> $<u>63,620</u>
Prepaid rent = 6,120 - 2,040 = 4080
Supplies = 3100 - 2390 = 710
Deferred revenue = 2,100 - 525 = 1575
The break-even point in units using the mathematical equation is 2,000 in units and the unit contribution margin is 80 per unit.
<h3>Break even points in units</h3>
a. Break-even point in unit
Using this formula
Break-even point in unit=Fixed cost/(Selling price-Variable cost)
TC = FC + VC
Sales - TC = Net Income
Sales - TC = 0
Sales - FC - VC = 0
2500(Q)-160,000-170(Q) = 0
80(Q)-160,000 = 0
80(Q)=160,000
Q=160,000/80
Q=2,000 break-even in units
b. Unit contribution margin
Unit contribution margin = Selling price- Variable cost
Unit contribution margin= $250 - $170
Unit contribution margin =$80 per unit
Inconclusion the break-even point in units using the mathematical equation is 2,000 in units and the unit contribution margin is 80 per unit.
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Answer:
(b) Common objectives
Explanation:
People and departments in an organization perform different functions, but all focus on achieving its objectives. An organization's top management sets the goals and targets for a particular period. It then identifies specific actions that need to be accomplished to achieve the set goals.
The identified actions are distributed to various departments for implementation. Each department will break down its activities into small tasks and assign them to individual workers. Every employee will be working to achieve their set objectives. If all workers achieve their targets, the departments will meet their objectives, and so is the organization's goals.
Answer:
The correct answer is: Weak Position power.
Explanation:
The position power can be understood as the amount of influence that an individual has over a group. In other words, an individual with strong position power is able to administer either rewards or punishment to the members of a given group
Leaders, usually have strong position powers, specially when the people they are leading are from lower levels.
In this particular case, Erin who is a department manager is struggling trying to lead a cross-functional team because most members are other department managers at her level, and they see no reason to do what she asks. Here, Erin has Weak position power, because she is at the same level of the members of the group she is supoosed to lead.
In conclusion, the correct answer is: Weak Position power.
With a 401(k) there is a higher likelihood of money appreciating over a 30 to 40-year period could be a negative for investing solely into an IRA.
Investment definition is an asset obtained or invested in to build wealth and keep money from the difficult-earned income or appreciation. Investment means on the whole to attain an additional supply of income or advantage benefit from the investment over a specific time period.
For the majority, the 401(k) is the better desire, even though the available investment options are less than the best. For excellent results, you may stick with an index price range that has low management prices.
Cryptocurrency can be an extraordinary investment with astronomically excessive returns overnight; but, there may be also a full-size drawback. traders have to analyze whether their time horizon, hazard tolerance, and liquidity requirements healthy their investor profile.
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