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3 years ago

As the only clothes producer, you will not have _____. competition profits production costs

Business

2 answers:

JulsSmile [24]3 years ago

7 0

The correct answer is A. Competition

Explanation:

In the economy, competition occurs when there are two or more companies or economic firms producing and selling the same product. This causes the companies to implement different techniques to try to sell more than other companies, also, in this case, factors such as price, quality, or place play an important role in defining the sales of each company.

This also implies, if you are the only producer of some good for example, telephones, clothes or sculptures in a specific place such as a town, city or country, you will not have competition because there would not be other companies or people producing the same goods, and therefore you will not have to compete or do anything for buyers to choose you instead of others. Thus, as the only clothes producer, you will not have competition.

Sholpan [36]3 years ago

5 0

COMPETITION because your the only one producing clothes.

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1 year ago

3) Janner Corporation uses the weighted-average method in its process costing system. Operating data for the Painting Department

Flura [38]

Answer:

93,760 units

Explanation:

For computing the equivalent units for conversion costs , first we have to compute the transferred units which is shown below:

= Transferred units - ending work in process inventory units

= 90,400 units - 1,600 units

= 88,800 units

Now the equivalent units for conversion costs equal to

= Beginning work in process inventory units × completed percentage + Transferred units × percentage of completion + ending work in process inventory units × percentage of completion

= 4,000 units × 100% + 88,800 units × 100% + 1,600 units × 60%

= 4,000 units + 88,800 units + 960 units

= 93,760 units

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3 years ago

The concept just-in-time (JIT) works well if a company works with lots of suppliers. It also helps avoid the breakdowns that occ

luda_lava [24]

Answer:

False

Explanation:

The just in time (JIT) system was developed by Toyota in order to decrease inventory costs and improve overall efficiency. Since a car manufacturer uses tens of thousands of different parts and supplies, they have a lot of suppliers and the JIT works perfectly for them. So the first part is true.

But the main disadvantage with JIT systems is that it increases stockout and breakdown risks. Since the whole process must work very smoothly, any disruption can cause a lot of problems.

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4 years ago

A financial analyst learns that the Bank of England has just issued a new bond that promises to pay £1,000 in one year’s time wh

Ilya [14]

Answer:

the price will go lower and I know how much it would be

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3 years ago

During 2022 Concord Corporation had sales on account of $596000, cash sales of $235000, and collections on account of $342000. I

natali 33 [55]

Answer:

$254,000

Explanation:

First and foremost,the cash of $9,200 collected in respect of debt already written off as uncollectible would not affect the balance in accounts receivable since the debt would reinstated and also taken out of accounts receivable simultaneously.

The change in accounts is the difference between the sales on account of $596,000 and collections in respect of accounts receivable of $342,000

change in accounts receivable=$596,000-$342,000=$254,000

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3 years ago