Answer:
Explanation:
In the given transaction, it would impact the income statement and the balance sheet in the increment manner
That means The income statement would increase by $96,000 as it reflect the wages expense in the debit side of the income statement
And, the balance sheet would increase by $96,000 as it reflect the wages payable in the credit side of the balance statement under the current liabilities side of the balance sheet
Answer:
appreciates and buys more Chinese goods
Explanation:
Nominal exchange rate is the rate at which one unit of currency can be exchanged for another unit of currency.
If exchange rate is 1 dollar for 6 Chinese yuan , it means that 1 dollar would buy 6 Chinese yuan.
If exchange rate now becomes 1 dollar for 7 Chinese yuan , it means that 1 dollar would buy 7 Chinese yuan.
One dollar is now buying more Chinese yaun (7>6). It means that the dollar has appreciated and the Yaun has depreciated.
Currency appreciation is when the a currency increases in value.
As a result the dollar would buy more Chinese goods.
I hope my answer helps you
N<u>o</u><u>, because all </u><u>compensation</u><u> must come through your </u><u>broker</u><u>.</u>
Which of the following actions should be taken when holding an open house?
Schedule the open house soon after the property hits the market.
Which of these statements best describes the concept of procuring cause?
Procuring cause means the licensee's actions produced a ready, willing, and able buyer.
Which of the following is true regarding a broker's commission in a real estate transaction?
- The commission must be stated in the listing agreement and is set by the broker.
- Commissions are determined at a special meeting of the local realtor board once a year.
Learn more about compensation
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Answer:
b. $22.75
Explanation:
We know that
Contribution margin per unit= Sales price per unit - variable cost per unit
Since the selling price is $35
And, the contribution margin is 35%
Therefore, the contribution margin per unit would be
= $35 × 35 per cent
= $12.25
Now add these figures in the formula above.
Hence, the value would be equal to
= $35 - $12.25
= $22.75
The inventory and labor costs are included in the variable cost
Answer: Rationalization
Explanation:
In discipline such as logic and psychology, rationalization which is also referred to as making excuses as defense mechanism under which they tend to explain their controversial feelings and behaviors. They tend to justify and explain them in a way which is considered to be seemingly logical or rational. This is done in order to avoid true description and explanation and thus are made into consciously tolerable or admirable by the plausible means.
