Answer:
B and C
Explanation:
The law of demand states that the higher the price, the lower the quantity demanded. This means that at a higher price, the quantity of coffee that should be demanded should decrease.
Hence, since there was an increase in the price of the coffee per pound in 2016, we expect that there should be less sales. Instead, there was still an increase.
Also, we can see that the the demand for coffee has increased. More pounds of coffee is needed which creates an increase in supply which thus has driven up the price
Answer:
When issuing a check to a creditor as is being done here, you need to debit the creditors account (Accounts Payable) to show that you are paying off the debt.
You also need to credit cash because a credit will show that cash was used to pay for something and so has reduced.
Date Account Title Debit Credit
XX-XX-XXX Accounts Payable - Saurya Stores Rs. 39,000
Cash Rs. 39,000
Answer:
A. As a result of the professors activities, import would increase while export remains unchanged. Net export would reduce.
B. Export would increase while import remains unchanged. Net import would increase
C. Volvos are made in Sweden. So, the Volvo would be imported. This increases import and export remains unchanged. Net export would reduce.
D. The sales takes place in England, so US export, import and net export would remain unchanged.
E. Export would increase while import remains unchanged. Net import would increase
Explanation:
Net export = Export - Import
I'm pretty sure it's trucking.
Answer:
the actual payroll is $189,630
Explanation:
<u>Calculation of Standard Payroll Cost</u>
Standard Payroll Cost (flexed) = 13,100 hours×$14 per hour
= $183,400
<u>Reconciling the Standard Payroll Cost to Actual Payroll Cost</u>
Standard Payroll Cost (flexed) $183,400
<em>Add</em> unfavorable direct labor efficiency variance $15,400
<em>Less </em>favorable direct labor rate variance ($9,170)
Actual Payroll Cost 189,630
