Suppose the market for low-skilled labor is in equilibrium, and then two things happen at the same time. first, a large number of low-skill immigrants enters the country, competing with domestic low-skill workers. second, these immigrants all want to buy more goods and services, and they typically buy goods produced by low-skill workers. which of the following will occur in the market for low-skill workers a. the number of workers employed will rise, but we cannot tell what will happen to the wage rate. b. the wage rate will fall, but we cannot tell what will happen to the number of workers. c. the number of workers employed will fall, but we cannot tell what will happen to the wage rate. d. the number of workers employed will rise, and the wage rate will fall.

Suppose someone wants to sell a piece of land for cash. the selling of a piece of land represents turning econ

Exercise 15-7 crawford corporation incurred the following transactions. 1. purchased raw materials on account $53,000. 2. raw materials of $45,200 were requisitioned to the factory. an analysis of the materials requisition slips indicated that $9,400 was classified as indirect materials. 3. factory labor costs incurred were $65,400, of which $50,200 pertained to factory wages payable and $15,200 pertained to employer payroll taxes payable. 4. time tickets indicated that $55,000 was direct labor and $10,400 was indirect labor. 5. manufacturing overhead costs incurred on account were $81,700. 6. depreciation on the company’s office building was $8,100. 7. manufacturing overhead was applied at the rate of 160% of direct labor cost. 8. goods costing $89,400 were completed and transferred to finished goods. 9. finished goods costing $76,000 to manufacture were sold on account for $105,100. journalize the transactions. (credit account titles are automatically indented when amount is entered. do not indent manually.) no. account titles and explanation debit credit (1) (2) (3) (4) (5) (6) (7) (8) (9) (to record the sale) (to record the cost of the sale) click if you would like to show work for this question: open show work

At the end of year 2, retained earnings for the baker company was $3,550. revenue earned by the company in year 2 was $3,800, expenses paid during the period were $2,000, and dividends paid during the period were $1,400. based on this information alone, retained earnings at the beginning of year 2 was: