Those are supply curves and demand curves. Supply curves have to meet the production requirements, while demand curves have to meet the consumer's willingness to pay.
Answer:
B.
Explanation:
equilibrium is pretty much self explanatory, both the demand and quantity has to be equal
Answer: Equality
Without proper guidelines in place one would outweigh the other cause an imbalance. If the government didn't keep those equal there wouldn't be enough stability and nobody would be able to live fairly.
Answer:
Dr Cash $92,811
Cr Notes Payables $92,811
(Being the proceeds and issuance of note
Explanation:
Annual rate = 12%
Interest for 9 months will be:
9/12 x 12% = 9%
So disbursal is 9% x $92,811
= $8,353
Principal (borrowed money) is $92,811.
The loan was disbursed on January 1. So it's only the proceeds from the loan which will be recorded on this date. Repayment will start at later date.
Therefore, The entry made by Guarantee Company on January 1 will be:
January 1
Dr Cash $92,811
Cr Notes Payables $92,811
(Being the proceeds and issuance of note)
Answer:
Allocated overhead for july $227.20
Explanation:
Given data:
direct labor hours is 6100 hr
wages of labor is $14.20/hr
manufacturing overhead is $277,184
duration of labor is 5 hr
overhead allocation rate is given as
allocation rate = manufacturing overhead/ direct labor hour
allocation rate
/ direct labor hr
Allocated overhead for july 