Generally, the price of <u>other goods</u> is an important determinant of demand for a product.
<h3>What are the determinants of demand? </h3>
The determining factor for demand level of a product includes changes in income, prices of related goods, consumer expectations, consumer tastes etc.
Therefore, the price of <u>other goods</u> is an important determinant of demand for a product.
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Data is oftentimes considered a defensible source of competitive advantage; however, advantages based on capabilities and data that others can acquire will be short lived.
<h3>What is data?</h3>
It should be noted that data simply means the facts and statistics that are used to analysis.
In this case, data is oftentimes considered a defensible source of competitive advantage; however, advantages based on capabilities and data that others can acquire will be short lived
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Answer:
Journal Entries
Date Account Titles and Explanation Debit Credit
April 30 Salaries expenses $4,800
($12,000/5) * 2
Salaries payable $4,800
(To record the Accrual of salaries expense)
May 30 Salaries Expenses
($12,000/5)*3 $7,200
Salaries payable $4,800
Cash $12,000
(To record the payment of salaries expenses)
Answer:
a job i hate becasue they pay well
Explanation:
Answer:
Revenue variance $1800<u> </u>Favorable
Explanation:
<em>Revenue variance is the difference between the actual revenue and the standard revenue from the actual units sold. It is can be determined as follows:</em>
Revenue variance
$
Revenue from 32 units (32× 3,800) 121,600
Actual revenue <u>123,400</u>
Revenue variance <u> 1800 </u>Favorable
Revenue variance $1800<u> </u>Favorable
