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3 years ago

What is the difference between absolute advantage and comparative advantage?

2 answers:

6 0

Comparative advantage<span> refers to the ability of a party to produce a particular good or service at a lower opportunity cost than another.Hope you like:)</span><span>
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kogti [31]3 years ago

5 0

Answer: on edge its A ) Comparative advantage measures opportunity cost and absolute advantage measures efficiency.

Explanation:

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RE: Planned Obsolescence, Perceived Obsolescence "A product is deliberately designed to have a specific life span. For example,

AURORKA [14]

Answer:

Planned Obsolescence

Explanation:

According to my research on the answers provided, I can say that based on the information provided within the question this is most related to Planned Obsolescence. This term is basically defined exactly in the question, but in simpler terms this is a product that is specifically designed to become obsolete after a certain time frame.

I hope this answered your question. If you have any more questions feel free to ask away at Brainly.

8 0

3 years ago

Does anyone know a girl named Riley Carpenter?

Triss [41]

Do you mean Sabrina Carpenter? If so, this is an actor/singer.

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3 years ago

Read 2 more answers

Rustafson Corporation is a diversified manufacturer of consumer goods. The company's activity-based costing system has the follo

GalinKa [24]

Answer:

Instructions are listed below

Explanation:

Giving the following information:

The company's activity-based costing system has the following seven activity cost pools:

Labor-related $ 19,600 10,000 direct labor-hours

Machine-related $ 7,000 7,000 machine-hours

Machine setups $ 23,400 600 setups

Production orders $ 16,500 500 orders

Product testing $ 22,400 800 tests

Packaging $ 62,900 3,700 packages

General factory $ 60,000 10,000 direct labor-hours

Activity rate= total estimated activity cost for the period/ total amount of allocation base:

Labor-related= 19600/10000= $1.96

Machine related= 7000/7000= $1

Machine setups= 23400/ 600= $39

Production orders= 16500/500= $33

Product testing= 22400/800= $28

Packaging= 62900/3700= $17

General factory= 60000/10000= $6

7 0

3 years ago

The master budget of Sheridan Company shows that the planned activity level for next year is expected to be 50000 machine hours.

barxatty [35]

Answer:

$1,350,000

Explanation:

Calculation to determine the total manufacturing overhead costs

First step is to calculate the Variable overhead

Variable overhead= $720,000 + $180,000 +$150,000

Variable overhead=$1,050,000

Second step is to calculate Unitary variable overhead

Unitary variable overhead= $1,050,000/50,000

Unitary variable overhead= 21

Now let calculate the total manufacturing overhead costs

For 60,000 units:

Total Manufacturing Overhead Costs = 21*60,000 + 90,000

Total Manufacturing Overhead Costs= $1,350,000

Therefore the total manufacturing overhead costs is $1,350,000

6 0

3 years ago

Oriole Shoes Foot Inc. is involved in litigation regarding a faulty product sold in a prior year. The company has consulted with

Leona [35]

Answer:

No journal entries required

Explanation:

According to attorney estimation, the chances of winning the case are certain therefore no journal entry is required for adjustments since the chances of losing the case are very uncertain.

4 0

3 years ago