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ludmilkaskok [199]

3 years ago

15

Gullett Corporation had $34,000 of raw materials on hand on November 1. During the month, the Corporation purchased an additiona

l $83,000 of raw materials. The journal entry to record the purchase of raw materials would include a:

1 answer:

lapo4ka [179]3 years ago

8 0

Answer:

A decrease in price

Explanation:

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A firm's _____ resources are also known as labor. economic human intangible financial natural

stepan [7]

<span>A firm's human resources are also known as labor.Labor is the most important powerful resource in firm.They are responsible for the development of the firm.A good firm should have responsible labors and labors want to satisfy with their salary given by firm.Human resources should come up with the new ideas so that it will become an advantage to the firm.</span>

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3 years ago

When shopping for their brother, jack and james are presented with a red shirt by the sales person. while jack likes the shirt,

Gnesinka [82]

“Preference” is the answer.

<span>Jack and James disagreed about the shirt because of the differences in their preference. People have their own inclination towards objects and this could be a result of their personal taste or past experiences. In this case, it could be that Jack liked the shirt’s fabric or color but James didn’t, that’s why they disagreed.</span>

6 0

3 years ago

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When Elle's Espresso Bar raised its price by 10 percent, the quantity of coffee that Elle sold decreased by 40 percent. When E

victus00 [196]

Answer:<u><em> Elle's coffee has lots of close substitutes while coffee has few substitutes, so the demand for Elle's coffee is more elastic than the market demand for coffee.</em></u>

Here, it can be seen that when Elle's Espresso Bar raised its price by 10 percent, the quantity of coffee that Elle sold decreased by 40 percent, whereas when Elle and all her competitors cut their prices by 10 percent, the quantity of coffee sold by Elle increased by only 4 percent.

∴<em><u> The demand for Elle's coffee is more elastic than the market demand for coffee.</u></em>

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3 years ago

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Larry decided to relocate to Germany. Larry hired Happy Homes, Inc. to find a buyer and contract for the sale of his house in th

Dominik [7]

Answer:

True

Explanation:

The relationship between Larry and Happy Homes, Inc. has to be a written agreement. This is because the agreement is a contract between both Larry and Happy Homes Inc. involving the sale of his house which he has given Happy Homes the right to find a buyer for.

So when Happy Homes, Inc. find a buyer, Larry will be notified and the processes will take place as stated in the contract between Larry and Happy Homes, Inc.

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4 0

3 years ago

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The master budget of Swifty Corporation shows that the planned activity level for next year is expected to be 50000 machine hour

densk [106]

Answer:

Total Manufacturing Overheads = $1198,333

Explanation:

<em>Machine Supplies would vary with the new level of machine hours. therefore flex the overheads to obtain the budgeted manufacturing overheads.</em>

<em>Note ; Depreciation remains constant as this is not affected by new level of machine hours</em>

<u>Total manufacturing overhead costs at a level of 60000 machine hours</u>

Indirect labor (780,000 /50,000×60,000) 650,000

Machine supplies ($250000/50,000×60,000) 208,333

Indirect materials (180,000/50,000×60,000) 150,000

Depreciation on factory building 190,000

Total Manufacturing Overheads 1198,333

3 0

3 years ago