Answer:
A) Jennifer will experience negative externalities.
Explanation:
Externalities are essentially just the consequences of activities on unrelated third parties. There can either be positive or negative.
Jennifer being a serious student gives her a private benefit, but it also has a positive consequence for society as a whole (educational benefits). That would be considered a positive externality.
But with the question of the living situation - it would lead to a negative externality for Jennifer as the noise and distractions would negatively impact her studying.
Answer:
Dr Variable overhead efficiency variance
Cr Variable overhead spending variance
Explanation:
Preparation the journal entry
Based on the information given in a situation where the variable overhead efficiency variance is unfavorable with the amount of $500 which means that that UNFAVORABLE VARIANCE will be DEBITED and if the variable overhead spending variance is favorable with the amount of $100 which means that the FAVOURABLE VARIANCE will be CREDITED and below is the way the journal entry will be:
Dr Work in process inventory
Dr Variable overhead efficiency variance (UNFAVORABLE)
Cr Factory overhead
Cr Variable overhead spending variance (FAVORABLE)
Therefore the journal entry will include a:
Dr Variable overhead efficiency variance (UNFAVORABLE)
Cr Variable overhead spending variance(FAVORABLE)
Answer:
Promotions
Transfers
Advertisment
Explanation:
I donno if thise is wright
try a research
Answer:
Explanation:
The four transactions will be recorded in the general journal as follows:
1) Debit cash $12,000
Credit common stock $12,000
(To record the sale of common stock)
2) Debit purchases $5,600
Credit cash $5,600
(To record purchase of inventory in cash)
3) Debit cash $5,712
Credit sales $3,360
Credit gross profit $2,352
(To record the sale of inventory in cash)
4) Debit advertising expenses $650
Credit cash $650
(To record the payment of advertising expenses in cash)