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3 years ago

Competitive advantage . . .

Business

1 answer:

Lilit [14]3 years ago

6 0

Answer:

c. can be identified only if it has been unsuccessfully challenged by competitors

Explanation:

Competitive advantage is a favorable attribute that a business possesses, making it outperform its competitors. Competitive advantage enables the company to utilize its resources efficiently, resulting in more customers and higher profits than rivals.

A firm will retain its competitive advantage if its competitors fail to replicate or match its favorable traits. Its position as the market leader will remain unchallenged until competitors develop attributes that can match its unique traits. In other words, a competitive advantage position remains relevant if competitors have challenged it unsuccessfully.

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Leslie Manufacturing reported the following:Revenue $450,000Beginning inventory of direct materials, January 1, 2015 20,000Purch

Bogdan [553]

Answer:

$109,000

Explanation:

The accounting equation for the cost of goods sold

COGS = opening finished good + purchases - Closing finished goods

In a manufacturing firm, purchases are also referred to as manufacturing costs.

For Leslie manufacturing:

beginning finished inventory =$40,000

costs of goods manufactured = $ 144,000

Ending finished inventory = $ 45,000

cost of manufacturing for the period:

=$40,000 +$114,000- $45,000

=$109,000

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3 years ago

On Novemberâ€‹ 1, Equipment had a beginning balance in the Office Supplies account of . During theâ€‹ month, purchased of office

olya-2409 [2.1K]

Answer:

T-account entry:

Office Supplies

Dr Cr

Nov. 1 Balance b/d $1,700

Nov. Purchases $2,000

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3 years ago

At Creighton Company, the following errors were discovered after the transactions had been journalized and posted.1. A collectio

dangina [55]

Answer:

The correction entries shall be as follows,

1. Service Revenue Dr. $ 920

Customer Account Cr. $ 920

2. Store Purchases Dr. $1,180

Accounts Payable Dr.$340

Supplies Account Cr. $ 1,520

Explanation:

1. The service revenue account was overstated and customer account understated. therefore by debiting service revenue and by crediting customer account, both have been restated at their actual position.

2. The accounts payable was overstated by $ 340 (1,180-1520).it is rectified by debiting with $ 340. Whereas the supplies account was wrongly debited therefore that impact of $1,520 reversed and actual store purchases debited with actual amount of $1,180

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3 years ago

Amazon must carry inventory to meet demand from its customers. If the item is not in inventory the customer may go elsewhere to

pishuonlain [190]

Answer:

all of the above

Explanation:

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3 years ago

The Windshield division of Fast Car Co. makes windshields for use in Fast Car’s Assembly division. The Windshield division incur

fgiga [73]

Transfer price is an alternative term of opportunity cost.

$ 289.66 is the transfer price can be utilized for transport costs, loading and unloading costs, and administrative costs

solution

Transfer cost is the Total opportunity cost of moving an item from one place to another, including transport costs, loading and unloading costs, and administrative costs. Transfer price is an alternative term of opportunity cost.

Total variable cost = 740,000× $220 = 162,800,000

Total fixed cost = $3,950,000

Total selling cost = 740,000 × $515 = $381,100,000

Transfer cost = (selling cost - (variable cost + Fixed cost )

= ($381,100,000- ($162,800,000 + $3,950,000) = $214,350,000

$($381,100,000- ($162,800,000 + $3,950,000) = $214,350,000$

Transfer price = $214,350,000 ÷ 740,000 units = $ 289.66

$Transfer price = $214,350,000 ÷ 740,000 units = $ 289.66$

4 0

3 years ago