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olasank [31]
1 year ago
8

Identify something you buy or sell that could be bought or sold using an auction. How would you run the auction? Do a benefit-co

st analysis of the auction relative to how you currently buy or sell?
Business
1 answer:
denis-greek [22]1 year ago
6 0

There are various things that could be bought or sold by an auction such as Collectibles and art, antiques, real estate sporting goods etc.

There are several ways to conduct an auction, but the first-price auction and second-price sealed-bid auctions are the most common. In first-price auctions, the person whose bid is highest than the base offer will win the auction. The highest bidder in a sealed-bid auction with a second price pays for the second-highest bid. If there are several bidders on a piece of real estate, for instance, the property will go to the highest bidder, but in this situation, the highest bidder will only have to pay the price of the second-highest bid.

The cost-benefit analysis indicates that auctions will aid in the sale of the rare products at a price over its minimum worth, based on the cost-benefit analysis. The best profit will therefore be made in this situation, but the consumer surplus is still positive.

Learn more about auction here:

brainly.com/question/14836880

#SPJ4

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Simpson Company applies overhead on the basis of 200% of direct labor cost. Job No. 305 is charged with $180,000 of direct mater
sasho [114]

Answer:

$480,000

Explanation:

The computation of the total manufacturing costs for Job No. 305 is shown below:

= Direct material cost + direct labor cost + manufacturing overhead cost

where,

Direct material cost = $180,000

Direct labor cost is

= $200,000 ÷ 200% × 100%

= $100,000

And, the manufacturing overhead cost is $200,000

So, the total manufacturing overhead is

= $180,000 + $100,000 + $200,000

= $480,000

6 0
3 years ago
The Phelps Company's common stock is currently trading for $25.50 per share. The stock is expected to pay a $2.80 dividend at th
Lynna [10]

Answer:The correct option is C  = 0.98%

Explanation:

Ok so we do 25.50 - 2.80 because its being taken out

then we divide the answer we get by 10

or multiply it by .10

Hope this helps :)

3 0
2 years ago
Tax a tax adjustment must be made in determining the cost of
RUDIKE [14]
This isn't even a question
4 0
3 years ago
Rodriguez Company completed its income statement and comparative balance sheet for the current year and provided the following i
Oxana [17]

Answer and Explanation:

The preparation of the operating activities section is shown below:

                                         Rodriguez Company

                             Statement of Cash Flows (partial)

Cash flows from operating activities:  

Net loss $ (6,400)  

Adjustments  

Add: Depreciation expenses $4,500

Add: Amortization of copyright $200

Add: Decrease in accounts receivable $5,000  

Add: Increase in salaries payable $11,000  

Less: Decrease in other current liabilities -$1,800

Net cash flow from operating activities $12,500

The negative sign reflects the cash outflow and the positive sign reflects the cash inflow

3 0
3 years ago
Which scenario most strongly indicates that workplace rules will have to be changed to resolve the conflict
8090 [49]

The scenario that show workplace rules need to be changed is Workers voting to disband their union because they feel that it has not adequately represent their interest.

<h3>What is a workplace?</h3>

A workplace is a designated location or place where employees of and employer work or a place where workers perform their designated duties.

Therefore, The scenario that indicate workplace rules need to be changed to resolve conflict is Workers voting to disband their union because they feel that it has not adequately represent their interest.

The question is incomplete are the options were not given.

Here are the options from another website.

  • A lack of deadlines for research staff, preventing other staff members from getting information in a timely fashion
  • Line workers and executives not eating together at lunch, except for onescheduled day each month
  • An employee threatening to quit, because he did not get a raise that he hadcounted on and believed he deserved
  • Workers voting to disband their union because they feel that it has not adequately represent their interest.

Learn more about workplace below.

brainly.com/question/1249474

5 0
2 years ago
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