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1 year ago

in the gilded age, how did monopolies affect many small businesses? monopolies helped small businesses grow.

1 answer:

7 0

In the Gilded age, monopolies affected the small businesses as the monopolies forced small businesses to shut down. A monopoly arises when a single corporation dominates the market for a given product or service.

Monopolies frequently result in the closure of the smaller businesses. One business can regulate the product prices when it controls a particular market. Due to their size, most the monopolizing businesses can afford to reduce their prices so much that no small business can compete. Because of this, the smaller companies are left with no alternative except to shut down or combine with the monopolizing firm.

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Bird Corp.'s trademark was licensed to Brian Co. for royalties of 15% of the sales of the trademarked items. Royalties are payab

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Answer:

a. $13,000

Explanation:

Calculation for what royalty revenue should be

First step is to find the estimated amount for the second half of the year

Royalties for the second half =

15%*$30,000

Royalties for the second half= $4,500

Now let Compute for the total royalty revenue

Total royalty revenue for 20X5=$8,500+$4,500

Total royalty revenue for 20X5=$13,000

Therefore the royalty revenue should be $13,000

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3 years ago

In December 2016, Learer Company’s manager estimated next year’s total direct labor cost assuming 40 persons working an average

nignag [31]

Answer:

1a. Predetermined Overhead Rate= 60%

Explanation:

Predetermined Overhead Rate=

Estinated overhead cost/Direct labor cost= $1,440,000/(40*$20*3000)

=60%

1b. Total Overhead Cost applied to each job

Job No Direct Labor Applied FOH60%

201 606,000 363,600

202 565,000 339,000

203 300,000 180,000

204 718,000 430,800

205 316,000 189,600

206 19,000 11,400

Total $2,524,000 $1,513,600

Overhead cost applied=

Direct Labor (1.b) * Predetermine overhead rate (1.a)

example:

(Job No. 201) 606,000 * 0.6 = 363,600

1c. Over applied or under applied at year end 2017

Actual Over head cost $1,542,000

Less:Overhead Appied - $1,513,600

Under applied over head $28,400

2. Adjusting Entry

Date Account Title Debit Credit

Dec Cost of goods $28,400 -

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Factory - $28,400

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3 years ago

Read 2 more answers

List five goods that are likely to be sold in a monopolistically.competitive market.

Alexeev081 [22]

Answer:

Cars

Toothpaste

Toilet paper

Hairspray

Televisions

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3 years ago

Alyssa has set up a personal budget with total monthly expenditures of $ 3250. If 20 percent sign of her income is taken out of

sveta [45]

The minimum amount that Alyssa must earn per month to cover her budget is $4,062.50.

Data and Calculations:

Monthly expenditures = $3,250

Taxes and other deductions = 20% of monthly income

Monthly expenditures in percentage = 80% (1 - 20%)

Minimum income per month = $4,062.50 ($3,250/80%)

Thus, the minimum amount that Alyssa must earn per month to cover her budget is $4,062.50.

Learn more: brainly.com/question/25571450

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2 years ago

Betty, a teenager, starts a business selling cupcakes to coffee shops and restaurants. she strives to increase either the market

pav-90 [236]

I believe this illustrates sales-oriented pricing
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4 years ago