Answer:
Imitation.
Explanation:
Organizations following an imitation strategy try to both minimize risk and maximize opportunity for profit, moving into new products or new markets only after innovators have proven their viability. Imitation strategy is one the most effective way of saving your time, energy and money. It is known as the low-cost strategy as well particularly when the option of choosing and selecting is too difficult or costly. This strategy has been widely and successfully used by many well-renowned brands, for example, Coca Cola, once has imitated RC Cola when they replicated their diet cola options, McDonald's has taken the idea of fast food chin from the White Castle.
Answer:
C. Credit to Cost Of Goods Sold
Explanation:
Over allocation refers to the scenario of assigning more than actual manufacturing overhead costs. This means profits would be understated in such a scenario and costs overstated.
The journal entry for adjustment of overallocated manufacturing overheads is:
Manufacturing Overheads A/C Dr.
To Cost Of Goods Sold A/C
(Being rectification entry for over allocated manufacturing overheads recorded)
Cost of Goods Sold is an expense and expenses are debited. A credit to such an account reduces it's balance as in the case above.
When the price of gasoline decreases, brad buys more gasoline and more of all other goods. this information describes the real income effect of a price decrease.
The profits impact describes how the alternate in the charge of an awesome can change the quantity that purchasers will demand of that accurate and associated item, primarily based on how the fee change impacts their real income.
the cash earned with the aid of someone, company, authorities, etc. Over a particular period of time that is calculated through thinking of the impact of inflation on what can surely be sold with that cash: In common, an individual worker is increasing his or her real income by using much less than 1% at the present time.
A boom in real incomes will reason the call for items/offerings to boom (the extent to which relies upon the marginal propensity to eat). however, as the majority of united kingdom goods are imported, growth in the call for goods will increase the demand for imports.
Learn more about real income here: brainly.com/question/14943772
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<u>Solution and Explanation:</u>
a)
Date Account Head & Description Debit Amount Credit Amount
Land Debit (62 multiply 25000) 1550000
Treasury Stock Credit (53 multiply25000) 1325000
Paid - in Capital from treasury stock Credit
(1550000 minus1325000) 225000
(To record purchase of land)
b) One might use the cost of treasury stock. However, this is not a relevant measure of this economic event. Rather, it is a measure of a prior, unrelated event. The appraised value of the land is a reasonable alternative (if based on appropriate fair value estimation techniques). However, it is an appraisal as opposed to a market-determined price. The trading price of the stock is probably the best measure of fair value in this transaction.
