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3 years ago

Which of the following describes a saturated market?

Business

2 answers:

storchak [24]3 years ago

5 0

I think the answer is d

Alecsey [184]3 years ago

4 0

The answer is b many people want this product and havent purchased it yet

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Bryant Company has a factory machine with a book value of $93,100 and a remaining useful life of 5 years. It can be sold for $27

NISA [10]

Answer:

The old machine should be replaced.

Explanation:

Note: See the attached excel file for the the analysis showing whether the old machine should be retained or replaced.

From the attached excel file, the following calculation are made:

Variable Manufacturing cost of Retain = Initial Variable Manufacturing cost * remaining useful life of old machine = $592,600 * 5 = $2,963,000

Variable Manufacturing cost of Replace = New Variable Manufacturing cost * Remaining useful life of new machine = $505,500 * 5 = $2,527,500

From the attached excel, it can be observed that the total cost of Retain is $32,200 higher than the total cost of Replace. This therefore implies that the old machine should be replaced.

Download xlsx

6 0

3 years ago

The following information is available for Dakota Company: Product 1 Product 2 Sales $1,400,000 $1,800,000 Direct materials (200

xeze [42]

Answer:

$380,000

Explanation:

Particulars Product 1 (Amount)

Sales $1,400,000

(-) Direct materials ($200,000)

(-) Direct labor ($600,000)

(-) Manufacturing overhead

Batch level ($400,000*20/80) ($100,000)

Product line level ($600,000*10/50) ($120,000)

Gross margin $380,000

So, Dakota Company's gross margin for Product 1 using activity based costing is $380,000

6 0

3 years ago

Venture Philanthropy Partners focuses on helping youth and children from low-income families in the Washington, D.C., area. What

andriy [413]

The work of Venture Philanthropy Partners in focusing on low-income families would make it a Community Fund

A Community Fund:

Focuses on helping a certain need in the society
Is usually targeted at the less well off in society

Venture Philanthropy Partners is targeting youth and children that come from lower income families which means that they are targeting the needs of the less well off.

We can therefore conclude that this is a community fund.

Find out more at brainly.com/question/18776651.

4 0

2 years ago

Consider the following demand schedule: Price Quantity Demanded $25 20 $20 40 $15 60 $10 80 What is the price elasticity of dema

mojhsa [17]

Answer:

3.05

1.38

0.725

Explanation:

Price elasticity of demand measures the responsiveness of quantity demanded to changes in price of the good.

Arc elasticity of demand = midpoint change in quantity demanded / midpoint change in price

Midpoint change in quantity demanded = change in quantity demanded / average of both demands

Price $25-$20

change in quantity demanded = 40 - 20 = 20

average of both demands = (40 + 20) /2 = 30

Midpoint change in quantity demanded = 20/30 = 0.67

midpoint change in price = change in price / average of both price

change in price = $25 - $20 = $5

average of both price = ($25 + $20) / 2 = 22.5

Price $20-$15

change in quantity demanded = 60 - 40 = 20

average of both demands = (60 + 40) /2 = 50

Midpoint change in quantity demanded = 20/50 = 0.4

midpoint change in price = change in price / average of both price

change in price = $20 - $15 = $5

average of both price = ($15 + $20) / 2 = 17.5

midpoint change in price = 5 / 17.5 = 0.29

0.4/0.29 = 1.38

Price elasticity of demand = 0.67 / 0.22 = 3.05

change in quantity demanded = 80 - 60 = 20

average of both demands = (80 + 60) /2 = 70

Midpoint change in quantity demanded = 20/70 = 0.29

midpoint change in price = change in price / average of both price

change in price = $15 - $10 = $5

average of both price = ($15 + $10) / 2 = 12.5

5/12.5 = 0.4

3 0

3 years ago

What is an example of a flame?

nasty-shy [4]

Answer:

Fire

Explanation:

Class A fires are defined as ordinary combustibles. These types are fires use commonly flammable material as their fuel source. Wood, fabric, paper, trash ,and plastics are common sources of Class A fires. ... Trash fires are one such example.

4 0

3 years ago

Read 2 more answers