An example of unrelated diversification is when Joe purchased the umbrella company to produce umbrellas in various colors and sizes because of the rain.
<h3>What is an
unrelated diversification?</h3>
This means the situation whereby a firm enters an industry that lacks any important similarities with the firm's existing industry or industries.
Therefore, Joe purchasing the umbrella company to produce umbrellas in various colors and sizes is an example of unrelated diversification.
Read more about unrelated diversification
<em>brainly.com/question/24701406</em>
Answer:
S/N Account Titles and Explanation Debit Credit
A Supplies $5,300
Cash $5,300
(To record the purchase of supplies for cash)
B Salaries and wages expense $
4,480
Cash $4,480
(To record the payment of wages and salaries)
C Prepaid rent $
560
Cash $560
(To record the payment of prepaid rent for July)
D Accounts receivable
$13,400
Service revenue $13,400
(To record the services provided on account)
E Accounts payable $800
Cash $800
(To record the payment made on Accounts payable)
F Cash $310
Unearned revenue/Deferred revenue $310
(To record the unearned services revenue)
G Repairs and maintenance expense $410
Accounts payable $410
(To record the accounts payable for repairs expenses incurred)
H Equipment $740
Cash $740
(To record the purchase of equipment for cash)
Answer:
Electronic Commerce. E-Commerce or Electronic Commerce means buying and selling of goods, products, or services over the internet. E-commerce is also known as electronic commerce or internet commerce. ... Online stores like Amazon, Flipkart, Shopify, Myntra, Ebay, Quikr, Olx are examples of E-commerce websites.
Explanation:
Answer:
a. If Mel decides to sell dinners, what are the total costs for both making and buying the cookies?
if Mel decides to sell dinners, the he will not have any spare capacity for producing cookies, so the production costs would be different:
direct materials $0.20
direct labor $0.15
total overhead (including variable and fixed) $0.45
total cost per cookie = $0.80
Purchase price form external supplier = $0.60 per cookie (same as before).
b. Should Mel continue to buy the cookies? Yes No
It would be better for Mel to simply buy the cookies from an external supplier at $0.60.
Mel should only produce the cookies if he decides not to sell dinners.
I personally think the person who won it should get to keep it. Then again everyone is different.
