Answer:
Overproduction of chemical and an underproduction of electric power.
Explanation:
From society's viewpoint, the chemical producer's pollution leads to overproduction of chemical this is due to the fact that there were not much costs incurred in the production of the chemical because the company decided to use a cheaper means to clear out their chemical waste which was carried out by disposal into the stream rather than the proper and expensive method which involves burying the chemical waste.
The electric power plant will experience an underproduction of electrical power due to an increase in variable cost which is as a result of the pollution of the stream by the chemical factory.
Answer:
A reduction of $12,500 in net operating income
Explanation:
The net operating income/loss is the difference between the sales and the total costs.
The change in the company's net operating income is the net of the increased commission and the total decrease in salaries. The commission is a variable cost that is dependent on the total number of units sold.
Hence the overall effect on the company's monthly net operating income of this change
= $46,000 - ($9 * 6500)
= ($12,500)
Answer:
Journal Entry to reflect the event is as follow;
Dr. Cr.
Utility Expense $520
Utility bill payable $520
Explanation:
Utility bill is received it means the expense is accrued and it is not due until the month end so a liability will be created and will be paid next month.
Product design but I’m also a little convinced it’s also product layout