Answer:
Decrease by $6100
Explanation:
Any gain or loss adjustment on an investment in available-for-sale securities is accounted for under the title Other Comprehensive Income in the Statement of Profit and Loss and Other Comprehensive Income. Thus, the effect of this loss on comprehensive income will be a Decrease by $6100.
Answer:
The correct answer is "Allow entrepreneurs personal freedom to follow their self-interest"
Explanation:
According to the invisible hand concept, the best way for a society to encourage the creation of jobs and the production of the products most wanted by consumers would be to allow entrepreneurs personal freedom to follow their self interest.
The answer is true because you don’t always have to increase your expenses .
Answer:
$450 U
Explanation:
Spending Variance for Supplies = Standard Cost - Actual Cost
Standard cost formula = $1,200 per month + $20 per frame
Standard cost for actual output = $1,200 + ($20
610)
= $1,200 + $12,200
= $13,400
Actual cost = $13,850
Spending Variance = $13,400 - $13,850
<u>= -$450 Unfavorable</u>
Since the value is negative the variance is unfavorable as actual cost is more than standard cost of the product.