Answer:
A - The Short Run Aggregate Supply curve shifts to the right.
Explanation:
The Short Run Aggregate Supply curve plots aggreagrate price against aggreagrate quantity.
If producers believe a recession is imminent and they reduce the amount of machinery purchased, the quantity supplied would reduce shifting the Short Run Aggregate Supply curve to the left.
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A - checks and debit cards both withdraw money directly from a bank account
Your organization has the required number of exit routes to properly evacuate the number of employees in the organization. It is also necessary that the doors are wide enough for people to be able to exit safely.
<h3 /><h3>How important are exit routes?</h3>
Such structures are legal requirements in any place occupied by people where there may be an associated risk, with a need for rapid evacuation, in case of fire for example, increasing the safety of individuals.
Therefore, each location has its specific regulation on the requirements for exit routes, and its compliance and review is essential so that they comply with safety standards.
Find out more about exit routes here:
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Answer:
Shawnee Motors Inc.
Income Statement
For the month ended August 31, 202x
Sales revenue $1,000,000
- COGS <u> ($696,000)</u>
Gross profit $304,000
S&A expenses:
- Variable S&A expenses $140,200
- Fixed S&A expenses $54,300 <u>($194,500)</u>
Operating profit $109,500
Explanation:
Sales (10,000 units) $1,000,000
Production costs (13,000 units):
- Direct materials $481,000
- Direct labor $231,400
- Variable factory overhead $115,700
- Fixed factory overhead $76,700
- Total production costs $904,800
Selling and administrative expenses:
- Variable selling and administrative expenses $140,200
- Fixed selling and administrative expenses $54,300
- Total S&A expenses $194,500
COGS = (10,000 / 13,000) x $904,800 = $696,000