Answer:
C- Should be corrected as soon as they are discovered
Explanation:
If error occur in recording process they should be corrected as soon as they are discovered although the errors are usually unintentional mistakes made when recording . Small recording errors might cause major distortions in the overall figures.
Although the suspense account is the main method used to detect errors that cause discrepancies between the debit and credit balances of the trial balance in which
Adjusting entries are posted in the general ledger to correct errors detected in the trial balance.
Answer:
May; cannot do anything
Explanation:
In the short run, the aggregate supply curve will react to price level, which means it is upward sloping rather than vertical. If the price level increases, quantity supplied will increase. If the price level decreases, the quantity supplied will decrease.
Answer:
fixed cost = 11.026,6
Explanation:
we will use the High-Low method to sovle for variable and fixed component of utilities:
We subtract the high form the low
![\left[\begin{array}{ccc}High&2710&34712\\Low&2200&30255\\Diference&510&4457\\\end{array}\right]](https://tex.z-dn.net/?f=%5Cleft%5B%5Cbegin%7Barray%7D%7Bccc%7DHigh%262710%2634712%5C%5CLow%262200%2630255%5C%5CDiference%26510%264457%5C%5C%5Cend%7Barray%7D%5Cright%5D)
510 hours generates 4,457 cost in utilities.
so variable cost:
4,457 / 210 = 8.74
Then we solve for fixed cost:
total cost = variable cost x Q + fixed cost
34,712 = 8.74(2,710) + fixed cost
fixed cost = 11.026,6
September 19, 2020 because that is when the cake successfully delivered
