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KATRIN_1 [288]
3 years ago
10

"'Suppose that while in college, you saved money by eating generic fruits and vegetables from the grocery store. Now, suppose th

at after you graduated from college you got your first paying job and your income increased. As a result, you started buying higher priced organic fresh fruits and vegetables from specialty stores. This scenario would indicate that the organic fresh fruits and vegetables are a(n) _______ good for you."
Business
1 answer:
zysi [14]3 years ago
8 0

Answer:

Normal goods

Explanation:

Normal goods are goods that are goods whose demand increases when income increases and falls when income falls.

I increase my demand for organic fruits and vegetables when my income increased. This shows they are normal goods.

Generic fruits and vegetables are inferior goods.

Inferior goods are goods whose demand falls when income rises and increases when income falls.

I hope my answer helps you

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. Describe two things you can do to make sure you use credit responsibly. Explain why these things are important.
crimeas [40]
- Limit the cards you open: limiting the card you open reduce you from using your credit card for to many purchases
- Never carry a balance: make paying with cash your first method of payment
6 0
3 years ago
Allowance for Doubtful Accounts has a debit balance of $2,300 at the end of the year (before adjustment). The company prepares a
Alina [70]

Answer:

d. Debit Bad Debt Expense, $34,200; credit Allowance for Doubtful Accounts, $34,200

Explanation:

allowance balance                           2,300 debit

estimated uncollectible accounts   31,900 credit

adjustment needed                         34,200 credit

We need to adjust the allowance to our estimated uncollectible account. Currently, it has 2,300 debit balance. We need to increase it to 31,900

If we think it in two steps:

We need to credit by 2,300 to have zero balance,

and then 31,900 to reach the expected uncollectible amount

in total a credit for 34,200 needs to be done

<u>The adjusting entry will be:</u>

bad debt expense                       34,200 debit

allowance for doubtful accounts                        34,200 credit

8 0
3 years ago
What type of job can i get with a finance and marketing double major
lora16 [44]
You can get jobs such as social media manager, accountant, advertising manager, marketing analyst, marketing manager, financial planner, budget planner
6 0
2 years ago
Wilturner Company incurs $90,000 of labor related directly to the product in the Assembly Department, $39,000 of labor related t
Marina CMI [18]

Answer:

Wilturner Company

The journal entries to record the labor for the Assembly Department would include:

Debit Work in Process $155,000

Credit Direct labor $90,000

Credit Variable factory overhead $39,000

Credit Fixed factory overhead $26,000

To record the direct and indirect labor costs of the assembly department.

Explanation:

a) Data and Analysis:

Direct labor $90,000

Variable overhead (labor) $39,000

Fixed overhead (labor) $26,000

b) The direct labor cost = $90,000 and Factory overhead costs = $65,000 ($39,000 + $26,000)

7 0
2 years ago
Aemeli works in the manufacturing career cluster. where does she probably work? check all that apply. plant workshop factory ret
nordsb [41]

Amelia works in the manufacturing career cluster. She probably works in a plant workshop or factory

What is manufacturing career cluster?

To turn raw resources into finished goods, the Manufacturing cluster combines a passion for engineering, design, and technology with planning and organizational abilities.

What is considered a manufacturing worker?

Jobs in manufacturing are ones that start with components or raw materials and end with creating new products. You can find these occupations in a factory, plant, or mill. As long as goods rather than services are produced, they can also exist inside a house.

What are the positive impacts of manufacturing?

The timetable can be optimized by the program to lower errors and inefficiencies and produce products of higher quality. Cost savings over the long term are made possible by technology, which operates with greater efficiency, less waste, and fewer workers.

Learn more about career cluster: brainly.com/question/15225914

#SPJ4

8 0
2 years ago
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