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3 years ago

12

Steve Jobs has achieved a great deal of success. What are some possible negative consequences of the level of power that he hold

s?

1 answer:

Alex73 [517]3 years ago

6 0

People can claim his work or inventions as their own.

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The Armstrong Corporation developed a flexible budget for its production process. Armstrong budgeted to use 10 comma 000 pounds

KIM [24]

Answer:

$192,000 unfavorable

Explanation:

The computation of the material price variance is shown below:

= Actual Quantity × (Standard Price - Actual Price)

= 24,000 pounds × ($15 per pound - $23 per pound)

= 24,000 pounds × $8 per pound

= $192,000 unfavorable

Simply we take the difference between the standard price and the actual price and then multiplied it by the actual quantity so that the accurate price variance could come

4 0

3 years ago

On May 3, 2020, Windsor Company consigned 90 freezers, costing $480 each, to Remmers Company. The cost of shipping the freezers

aivan3 [116]

Answer:

a. Value of Ending inventory $ 22025

b. Profit= $ 10429

c. Amount Remitted to the Consignor $32454

Explanation:

Windsor Company

Goods Sent on Consignment 90 * $ 480= $ 43,200

Shipping Charges $ 850

Total $44050

Cost of One Freezer = $ 44050/ 90= $ 489.44

Cost of 45 Freezers= $22025

The ending inventory value is calculated by multiplying the unit costs with the units at hand.

a. Value of Ending inventory at the Hands of the Consignee = Units* Cost Price = 45 * $ 489.44= $ 22025

Sales by the Consignee 45* $ 780= $ 35100

b. Profit= Sales - (Cost + Expenses) = $ 35100- ($22025 + $2646)

= $ 10429

Profit is calculated by subtracting all the expenses and the cost from the sales

Installation Charges $330

Advertisement Costs $ 210

Commission (6% of 35100)= $2106

Total Expenses $2646

c. Amount Remitted to the Consignor = Sales - Expenses= ( $ 35100- $2646 )= $32454

3 0

3 years ago

Read 2 more answers

2. Explain the four characteristics of the price system.

goblinko [34]

Answer:

1-The four characteristics of the price system are that it is neutral, market driven, flexible, and efficient. It is neutral because prices do not favor the producer or the consumer because the they both make choices that determine the equilibrium price.

2-Why is the price system an efficient allocator of economic resources? Prices are neutral, which means they are equally fair to both consumers and producers. They are flexible which means they can adapt to changing economic conditions. Prices are familiar which means that everyone understands how they work.

3-how do prices serve as signals and incentives to producers to leave a particular market? it showed that when a strong competitor offers similar products for lower prices other producers must also lower their prices. Less efficient companies were driven from the market.

4-demonstrates the effects of competitive pricing because it shows how the company strategically lured customers away from rival producers while still making the highest profit.

Explanation:

:)

5 0

3 years ago

An U.S. company buys a new industrial sewing machine from a company located in France. This would cause: Group of answer choices

dem82 [27]

Answer: a decrease in U.S. next exports and increase in U.S. investment

Explanation:

Net export is the measure of a country's total trade. Net exports can be calculated by subtracting the value of all goods and services a county imports from the value of the total goods and services the country exports.

When exports reduce and imports increase, then the net exports (exports ‐ imports) will reduce. Since the U.S. company buys a new industrial sewing machine from a company that is located in France, this means that the U.S net export will decrease.

The sewing machine can be used for the production of cloth. This will lead.to an increase in investment.

8 0

3 years ago

World trade has grown substantially in the last 60 years. For example, while world output grew at an annual rate of 3.8% per yea

Karolina [17]

Answer:

The correct answer is the option A: International trade agreements such as the North American Free Trade Agreement (NAFTA).

Explanation:

To begin with, the name of <em>"North American Free Trade Agreement" </em>or NAFTA, refers to the comercial agreement between the three nations of the countries of the norht of America that established that there is a bloc of free trade among Canada, Mexico and the United States that will benefit the three parties whose bloc have formed one of the largest trade blocs in the world by gross domestic product. Moreover, the agreement came into force in 1994 and since then the main purpose of it is to encourage the increase and development of international trade.

3 0

4 years ago