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34kurt
3 years ago
6

An attractive industry is one that is characterized by high entry barriers, suppliers and buyers with strong bargaining power, l

ow threats from substitute products, and low rivalry among firms.?
Business
1 answer:
viktelen [127]3 years ago
4 0
<h2>suppliers and buyers with strong bargaining power is the odd one out here.</h2>

Explanation:

An attractive industry should be characterized by

  • high entry barriers
  • suppliers and buyers with less bargaining power
  • low threats from substitute products
  • low rivalry among firms

Only the above listed characteristics can provide the best profit and make the industry attractive.

  • If the suppliers and buyers have strong bargaining power, then the industry will have only very less profit, since the bargaining power is more.
  • Even if either a buyer or a supplier is strong enough to bargain it will lead to less profit only or in simple terms a loss to the industry.
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The following cost behavior patterns describe anticipated manufacturing costs for 2013: raw material, $7.60/unit; direct labor,
Advocard [28]

Answer: The answer is as follows:

Explanation:

Given that,

Raw material = $7.60/unit

Direct labor = $10.60/unit

Manufacturing overhead = $8.60/unit

(1) Unit cost under variable costing = Raw material + Direct labor + variable Manufacturing overhead

= 7.6 + 10.6 + 8.6

= 26.8

(2) Unit cost under absorption costing = Raw material + Direct labor + variable Manufacturing overhead + fixed Manufacturing overhead

= 7.6 + 10.6 + 8.6 + 8.6

= 35.4

5 0
4 years ago
The subject property of an appraisal has only two bedrooms, but one of the comparables used in the appraisal has three. If the a
Anna11 [10]

A $5,000 decrease to the comparable selling price is the answer.

If the adjustment for the third bedroom is 5000, then the adjustment should be done by subtracting 5000 from the similar selling price, and the price to compare will be a better price.

In the case of a sales appraisal model, It is constantly attempted  to increase or reduce the similar selling price, and therefore  will be attempted to decrease the comparable selling price by $5000.

Land valuation, property valuation, or real estate appraisal refers to the process of determining the market worth of a home or real estate.

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3 0
2 years ago
Rob only has 30 minutes off for lunch, so he typically goes somewhere within a block or two of his building, and is careful abou
shepuryov [24]

The example of situational influence in the purchase decision process that Rob’s action is in is the temporal effects. This usually refers on the individual’s time in the day where in the individual has the thought of deciding with the given time provided to him or her. 

6 0
4 years ago
Use the adjusted trial balance for stockton company below to answer the questions that follow. stockton company adjusted trial b
kotegsom [21]
Given:
<span>stockton company adjusted trial balance december 31
cash 7,530
accounts receivable 2,100
prepaid expenses 700
equipment 13,700
accumulated depreciation 1,100
accounts payable 1,900
notes payable 4,300
common stock 1,000
retained earnings 12,940
dividends 790
fees earned 9,250
wages expense 2,500
rent expense 1,960
utilities expense 775
depreciation expense 250
miscellaneous expense 185

To determine the total assets, we only have to consider the following:
</span>cash                                         7,530 
accounts receivable                 2,100 
prepaid expenses                       700 
equipment                              13,700 
<span>accumulated depreciation   <u>    (1,100) </u>
</span>Total assets:                         22,930    CHOICE D.

NET INCOME: 
fees earned                                9,250 
<span>wages expense                         (2,500) </span>
<span>rent expense                             (1,960) </span>
<span>utilities expense                           (775) </span>
<span>depreciation expense                   (250) </span>
<span>miscellaneous expense         <u>       (185)</u>
</span><span>Net Income                                  3,580

LIABILITIES AND S.H.E
</span>accounts payable                        1,900 
<span>notes payable                              4,300 </span>
<span>common stock                             1,000 </span>
<span>retained earnings                       12,940 </span>
<span>dividends                                      (790) 
</span>Net Income                              <u>     3,580</u>
TOTAL LIABILITIES & SHE      22,930
4 0
3 years ago
Crinks Corporation uses direct labor-hours in its predetermined overhead rate. At the beginning of the year, the estimated direc
olga55 [171]

Answer:

D. $4,280 under-applied

Explanation:

Provided information,

Estimated direct labor hours = 11,200

Estimated manufacturing overhead = $259,840

Estimated rate per hour = \frac{259,840}{11,200} = 23.2

Actual labor hours = 10,800

Estimated overhead for actual hours = 10,800 \times $23.2 = $250,560

Actual overheads incurred = $254,840

Thus actual overheads are under absorbed by $254,840 - $250,560 = $4,280.

Correct option is

D. $4,280 under-applied

8 0
3 years ago
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