Answer:
Hazel Company
The incorrect statement is:
A. While the actual processing of Job 1 was not affected by automation, it received an increase of $9,900 in its overhead allocation.
Explanation:
Option A is the correct answer because Job 1's overhead cannot increase by $9,900. Therefore, this purported increase cannot be verified as correct. Most likely the overhead allocation of Job 1 will decrease since Job 2 has another basis for allocating overhead to it, which Job 1 does not incur. Overhead allocation using ABC system is more efficient than the traditional method of using a predetermined rate because overhead is now allocated based on consumption rather than using some arbitrary basis.
Pure Competition: A very huge number of firms; uniform products; no rent controls: price takers; no entry barriers; no un-price competition.
Oligopoly: Few companies; uniform or distinguished goods; price controls constricted by mutual interdependence: a great deal of anti-price competition, especially product difference.
In each case, Oligopoly and pure competition differs.
- Supermarkets in hometown - Oligopoly is correct; Supermarkets in every area are few in the total amount.
- Steel industry - Oligopoly is correct; Companies are few; their goods are somewhat standardized.
- Kansas wheat farm - Pure Competition is correct; there is no price control; there is no non-price competition.
- Commercial bank - Oligopoly is correct; the facilities are as distinct as the bank can help them look.
- Automobile industry - Oligopoly is correct; Imports made the industry more competitive in the past two years, dramatically increasing American automakers ' market power.
To calculate the weighted average cost, divide the total cost of goods bought by the numeral of units available for sale. To find the cost of goods available for sale, you'll need the total amount of beginning products and recent purchases.
<h3>What is the weighted average cost method?</h3>
In accounting, the Weighted Average Cost (WAC) method of inventory valuation uses a weighted standard to determine the amount that goes into COGS and inventory. The weighted middle cost method divides the cost of goods available for sale by the number of units available for sale
<h3>How do you calculate the weighted moderate cost of capital?</h3>
WACC is calculated by multiplying the cost of each money source (debt and equity) by its appropriate weight by market value, and then adding the outcomes together to select the total.
To learn more about Weighted Average Cost, refer
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Answer:
B. Less volatile than the return on equity of Firm B.
Explanation:
The leverage ratio indicates the proportion of the shareholders´ and the debt used to finance the company´s assets. A higher ratio means that is more financing coming from debt than the owners and therefore more volatile is the return on equity because there is less equity to get the same revenues.
Corona virus. the corona virus is a virus that makes us buy masks, but it also is making us stay home and some of us have to buy computers and stuff to work from home and some of us cannot go to work because of the spread of the deadly virus. individually it will cost us money if we need to buy a computer/laptop but it will also cost money because everyone needs food and water at their house so they will create a stock, so they will spend a major of their money on food and water. on a society level there will be a lot of people buying everything at once and then there will be nothing to buy or no one to buy anything so we won’t have any ups or downs in the economy but we will not be spending money as a society so we will just keep it to ourselves.