Ask question

Ask question

All categories

3 years ago

9

Today, four companies sell more than 80 percent of the compact discs purchased in the united states, although this fact is not o

bvious because the four companies have purchased many smaller record labels over the years. what is this called?

1 answer:

miss Akunina [59]3 years ago

7 0

Like wow this is hard
the answer for sure is
"<span>concentration of media power"

</span>

You might be interested in

skad [1K]

An entrepreneur is a person who organizes and manages any enterprise, especially a business, usually with considerable initiative and risk.

6 0

3 years ago

Precilla Company uses a standard costing system that allows 2 pounds of direct materials for one finished unit of product. Durin

fenix001 [56]

Answer:

actual quantity= 25,000 pounds

Explanation:

Giving the following information:

Standard quantity= 2 pounds per units

Production= 12,000 units

Direct material quantity variance= $5,000 unfavorable

Standard price= 120,000/(2*12,000)= $5

<u>To calculate the actual quantity used in production, we need to use the following formula:</u>

Direct material quantity variance= (standard quantity - actual quantity)*standard price

-5,000 = (24,000 - actual quantity)*5

-5,000 = 120,000 - 5actual quantity

125,000/5 = actual quantity

25,000 = actual quantity

6 0

3 years ago

Paloma Company establishes a $200 petty cash fund on Jan 1. On January 8, the fund shows $107 in cash along with receipts for th

Tanya [424]

Answer:

(1) establish the fund on January 1,

Dr Petty cash fund 200
Cr Cash 200

(2) reimburse it on January 8

Dr Postage expenses 39
Dr Transportation expenses 12
Dr Delivery expenses 14
Dr Miscellaneous expenses 28
Cr Cash 93

(3) both reimburse the fund and increase it to $350 on January 8, assuming no entry in part 2.

Dr Petty cash fund 150
Dr Postage expenses 39
Dr Transportation expenses 12
Dr Delivery expenses 14
Dr Miscellaneous expenses 28
Cr Cash 243

The only difference between part 2 and 3 is that the Petty cash fund is increased by $150, and cash decreases by $243 instead of $93.

6 0

3 years ago

In a process costing system, the application of factory overhead usually would be recorded as an increase in: (CPA adapted) A. F

otez555 [7]

Answer: Factory overhead control

Explanation: Factory overhead is the account where the amount of cost incurred while manufacturing a product is recorded and no direct labour or material is recorded. When the manufactured goods are finished and produced they are recorded as expenses when the goods are sold as manufactured finished products.

All the expenses related to the factory are included in this account such as rent, utility, electricity, supplies, tools. Factory overhead is known as manufacturing burden or expenses.

7 0

3 years ago

Franklin, Inc uses activity-based costing. The company produces X and Y. Information relating to the two products is as follows:

zvonat [6]

Answer:

A. $192,000

Explanation:

The computation of the labor related overhead cost is shown below:

= (Labor related overhead cost) ÷ (Total direct labor hours) × direct labor hours of X

= ($480,000) ÷ (16,000 hours + 24,000 hours) × 16,000 hours

= $192,000

hence, the correct option is A.

7 0

3 years ago