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3 years ago

An electronics firm produces smart phones for sale to the worldwide market.

Business

1 answer:

Kisachek [45]3 years ago

3 0

Answer:

The correct answer is letter "C": Flexibility.

Explanation:

There are three (3) main process-related competitive priorities companies place special attention to flexibility, innovation, and sustainability. Flexibility refers to adapting to rapid changes in the market. Firms must respond efficiently to changing technologies, consumer preferences, increasing competition and the fact that everyday products have shorter life-cycles.

Thus, for a company producing smartphones flexibility is vital due to the large number of competitors there are that impose new trends in reduced periods.

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Suppose that an industry is characterized as follows: C  100  2q2 each firm’s total cost function MC  4q firm’s marginal cost

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Answer:

Explanation:

find the attached solution below

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3 years ago

Lindsey Company uses activity-based costing. The company has two products: A and B. The annual production and sales of Product A

natita [175]

Answer:

Results are below.

Explanation:

First, we need to calculate the activities rate:

Predetermined manufacturing overhead rate= total estimated overhead costs for the period/ total amount of allocation base

Activity 1= 24,000 / 1,000= $24 per activity unit

Activity 2= 36,900 / 900= $41 per activity unit

Activity 3= 63,000 / 1,800= $35 per activity unit

Now, we can allocate costs to product A:

Allocated MOH= Estimated manufacturing overhead rate* Actual amount of allocation base

Activity 1= 24*200= $4,800

Activity 2= 41*750= $30,750

Activity 3= 35*1,000= $35,000

Total allocated costs= $70,550

Finally, the unitary cost:

Unitary cost= 70,550 / 5,000= $14.11

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3 years ago

Pierce wishes to purchase a municipal bond with a par value of $500 from Chattahoochee County, and he is trying to decide which

Mrrafil [7]

He should take the option one of sales commission of 3.1% on each bond. If he takes the 2nd option, he is required to pay 24$ per bond. But if he takes the ist option, he is required to pay 15.5$ per bond. 88.754 is the market rate. Total investment is of 500$. Multiply the commission rate with the amount and you get 15.5 $. There is a difference of 8.5 dollars between the two options.

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3 years ago

Read 2 more answers

A group of executives attended a meeting in which the CFO was the attendee with the most senior ranking. When the meeting began,

givi [52]

Answer:

Group think bias

Explanation:

Groupthink bias occurs when people believe in something because other people believe in it. It is when everyone comes to the same conclusion concerning a matter.

In the meeting everyone agreed with the CEO, this is an instance of groupthink.

Anchoring bias is when a person's decision is overly anchored on an initial information given when making a decision.

Confirmation bias is when a person arrives at a conclusion in line with their beliefs.

Availability bias is basing decisions on past instances that comes to mind when making the decision.

Hindsight bias occurs when people over estimate their abilities to predict how an event would have turned out in hindsight.

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3 years ago

Perez Company acquires an ore mine at a cost of $1,400,000. It incurs additional costs of $400,000 to access the mine, which is

Amiraneli [1.4K]

Answer:

total cost of mine = $1,400,000 + $400,000 = $1,800,000

estimed number of tons of ore = 1,000,000

residual value of land at the end of the mine = $200,000

depletion expenses per ton of ore = ($1,800,000 - $200,000)/1,000,000

= $1,600,000/1,000,000

= $1.6/ton

total depletion expenses for the first year = Ddepletion expenses per ton x number of ton of ore produced

= $1.6 x 180,000

= $288,000

Explanation:

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3 years ago