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Nadya [2.5K]
3 years ago
14

The fact that Southwest Airlines only flies one type of plane helps make it one of the most efficient airlines in the industry.

This approach maximizes the number of repetitions crews get with the ground and airborne processes involved in flying and turning around the single airframe and reach scale economies in the use of personnel and equipment. As such, SWA has reached competitive advantage through ________________.
Business
1 answer:
ElenaW [278]3 years ago
3 0

Answer:

<em>Experience-curve Effects</em>

Explanation:

The experience curve is a basic, but effective, <em>model of the common decency principle that makes tasks more productive with repetition: the second time a task performed is done a little more effectively, the third even better, and so forth. </em>

<em>Southwest Airlines, uses the same types of aircraft to achieve that effect.</em>

The impact on the development of airplanes and ships during World War II was observed and quantified in industry. For every doubling of cumulative demand, the manpower needed to complete a unit was seen to fall at a fairly steady rate of 10-15 per cent.

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At the end of the year, the Accumulated Depreciation – Equipment account was closed with a debit of $5,500 to Accumulated Deprec
Galina-37 [17]

Answer:

Corrected Entry

Depreciation Expense$5,500 Dr

Income Summary $5,500 Dr

Accumulated Depreciation – Equipment $11,000 Cr

Explanation:

Entry Posted

Accumulated Depreciation – Equipment $5,500 Dr

                        Income Summary $5,500 Cr

Required Entry

Depreciation Expense$5,500 Dr

Accumulated Depreciation – Equipment $5,500 Cr

Corrected Entry

Depreciation Expense$5,500 Dr

Income Summary $5,500 Dr

Accumulated Depreciation – Equipment $11,000 Cr

This entry is made to correct the actual entry done. In this entry the depreciation expense is debited and accumulated Depreciation is credited with twice the original value to counter effect the wrong entry . Also income summary is debited with the amount wrongly credited.

8 0
3 years ago
Jobs, Inc. has recently started the manufacture of Tri-Robo, a three-wheeled robot that can scan a home for fires and gas leaks
Tems11 [23]

Answer:

case 1: when $405,000 fixed overhead cost can be avoided

make buy net income

direct material

994700 0 994700

direct labor 832300 0 832300

variable overhead 101500 0 101500

fixed overhead 600000 195000 405000

purchase price 0 2314200 (2314200)

total 2528500 2509200 19300

YES,jobs should accept the offer because it results in saving of $19300

CASE 2: when no fixed overhead can be avoided

make buy net income

direct material 994700 0 994700

direct labour 832300 0 832300

variable overhead 101500 0 101500

fixed overhead 600000 600000 0

opportunity cost 375000 0 375000

purchase price 0 2314200 (2314200)

total cost 2903500 2914200 (10700)

NO, jobs shold not accept the offer because it results in loss of $10700

4 0
3 years ago
Deirdre's business purchased two assets during the current year (a full 12-month tax year). Deirdre placed in service computer e
nikitadnepr [17]

Answer:

D. $5,786.

Explanation:

The mid-quarter convention applies, so the calculation of property and the machinery is 4 quarter property.

depreciation expense on property = $15000*0.35

                                                          = $2520

depreciation expense on machinery = 15000*0.0357

                                                             = $536

total depreciation expense = $5250 + $536

                                             = $5786

Therefore, The maximum depreciation expense, (ignoring §179 and bonus depreciation). (Use MACRS Half-Year Convention)  is $5786

5 0
3 years ago
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Alborosie

Answer:

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This is because legal advice is fully deductible while there are no deductions available for fines.

B. Deductible Amount = $ 795

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C. Deductible Amounts = $0

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6 0
3 years ago
How is the model of microeconomic supply and demand different from the model of aggregate supply and aggregate demand?
LenKa [72]
Aggregate supply and demand pertains to how groups of people do business. On the order of Adam Smith's, "Wealth of Nations". Or macroeconomics. Microeconomics usually deal with individual entrepreneurs or small groups of individuals so is business on a much smaller scale.  
7 0
3 years ago
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