Answer:
Option B, $45,000, is the right answer.
Explanation:
Given actual sales = $450000
Actual units that is sold = 30000 units
Actual selling price = $15 per unit
Planned sales = $540000
Planned units = 45000
Planned selling price = $12 per units.
The difference between actual and planned sales due to unit price factor = change in units × change in price
= (45000 – 30000) × (15 – 12)
= $45000
Thus option B is correct.
Answer: $47 million
Explanation:
Pension expense arises as a result of the amounts owed to employees in relation to pension liabilities.
It is calculated by;
= Service Cost + Interest expense - Expected return on plan assets + Amortization of prior service cost + Amortization of net loss
= 48 + ( 440 * 5%) - 23
= $47 million
When you get hired for a well-paying job, you will most likely view older used cars as<u> inferior goods.</u>
<h3><u /></h3><h3><u>What are inferior goods?</u></h3>
As consumer income rises, customer demand declines for a class of inferior goods. Low-cost alternatives to "normal products," or necessities like food and household supplies, are frequently found in inferior goods. For instance, when someone's wage is cut, they might buy cheaper, poorer things than they would otherwise. When their earnings increases again, they're more likely to buy regular things rather than cheap ones.
The word "inferior" refers to the product's price and perceived worth rather than its quality. The quality may occasionally be inferior to an equivalent standard good, but it may also occasionally be the same. In reality, there are occasions when the only distinctions between regular goods and equal substandard goods are the packaging and price of the goods.
Learn more about inferior goods with the help of the given link:
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Answer:
journal entry are given below
Explanation:
given data
gross pay for the period = $1,000
net pay for the period = $820
to find out
journal entry to record the issuance of payroll checks
solution
journal entry are as
Account Name Debit Credit
Labor Expenses $1000
payroll taxes Payable $820
Net Payroll Payable $180
( $1000 - $820 )
D. foreign real national income falls and wages rates rise.