Answer:
D
Explanation:
Equilibrium means a state of equality or balance between market demand and supply. Refers to a price at which both parties producers and consumers are agreed to exchange.
Prices where demand and supply are out of balance are called points of disequilibrium.
If the selling prices is over the equilibrium price, means that there is a surplus of excess supply, so the prices would go down to returned to the equilibrium price.
Answer:
D. All of the above
Explanation:
Financial reporting by not-for-profit, nongovernmental entities should provide information useful in Assessing management stewardship and performance, Assessing services and the ability to continue to providing services, Making resource allocation decisions.
There are a lot of firms. Organizational buyers is the type of organization that Nour run.
<h3>What is Organizational buyers?</h3>
Organizational buyers are known to be people or firm that often buy direct from the manufacturers of products as at the time when the products are complex and said to be expensive pieces of equipment that needs custom design and installation.
Note that the organizational buyer often purchases in a lot of large volumes of goods to sell to others.
Learn more about Organizational buyers from
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A common market also called a trading bloc is a regional group of countries with a common external tariff, no internal tariffs, and coordinated laws to facilitate exchange among members. A legal agreement that creates a collection of nations that adopt a common external tariff is known as a common market.
In a common market, nations also permit free commerce as well as the free movement of capital and labor inside the group. The goal of common markets is to encourage the free flow of people, capital, products, and services between the member states. Common markets can be discovered on a regional or international scale.
To learn more about common market, click here.
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Answer:
Overhead= $6,000
Explanation:
Giving the following information:
Job 403:
Direct material= $40,000
Total manufacturing costs = $50,000
Boxer applies overhead at 150% of direct labor cost.
Total manufacturing costs= direct material + direct labor + allocated overhead
50,000= 40,000 + (direct labor + allocated overhead)
(direct labor + allocated overhead)= $10,000
<u>We know that overhead is 50% higher than direct labor. In 100%, direct labor would de 40% and overhead 60%.</u>
direct labor=10,000*0.4= $4,000
Overhead= 10,000*0.6= $6,000
