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Gennadij [26K]
3 years ago
11

Which of the following typically have the highest auto insurance premiums?

Business
1 answer:
Alenkasestr [34]3 years ago
3 0
The answer is <span>young, inexperienced drivers</span>
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The development group in a​ company's IS department is staffed primarily by​ programmers, test​ engineers, technical​ writers, a
PolarNik [594]

Answer:

A) The company develops programs in-house.

Explanation:

Many companies prefer to develop the resources it wants if it is possible. In cases when companies desire so, it has its own research and development team.

When the company has its own personnel for the development of programs, that is consisting test engineers, technical writers, and many other required development personnel, will specify for the company's own programs development.

The company has its own inbuilt capacity to develop the programs in house.

8 0
3 years ago
Fillmore Industries is a vertically integrated firm with several divisions that operate as decentralized profit centers. Fillmor
Fittoniya [83]

Answer:

Fillmore Industries

Fillmore's Systems Division

1. Minimum and Maximum Transfer Prices:

                                PCB      Transistor

Minimum transfer

price                  $12.00      $3.45

Maximum transfer

price                  $12.09      $3.58

2. Yes. The Transistor Division can meet this price.  It can sell at $2.60 (Variable cost plus markup) by eliminating the fixed cost, which is not a relevant cost.

3. A transfer price of $11 reduces the profitability of the Transistor Division while it increases the profitability of the other division.  The transfer price should be a market-competitively determined price to encourage efficiency in the divisions.

Explanation:

a) Data and Calculations:

                                PCB      Transistor

Direct materials      1,85          0,40

Direct labor            4,20          0,90

Variable overhead 2,40          0,70

Fixed overhead     0,85          0,75

Total Cost              9,30          2,75

Marked up Price $12.09      $3.58

Minimum transfer

price                  $12.00      $3.45

Maximum transfer

price                  $12.09      $3.58

Market price       $12.00     $3.45

5 0
3 years ago
How much actual competition occurs in perfectly competitive markets? some make the claim that there is actually no competition b
Brilliant_brown [7]

The competition in the perfectly competitive market are known to be few in the actual sense.

<h3>What is a perfectly competitive market?</h3>

This is the type of market that is known to have barriers to entry in the market.

In such a business or a market type there is symmetry and their is perfect information existing for the consumers and the producers.

The following are the characteristics of this type of market

  • Firms that produce identical goods
  • large number of buyers
  • Many sellers of the products
  • The buyers and the sellers have perfect information that would enable them to make decisions.

Read more on perfect competitive market here: brainly.com/question/1748396

#SPJ1

5 0
2 years ago
In its first month of operation, Sheffield Corp. purchased 230 units of inventory for $9, then 330 units for $10, and finally 27
Llana [10]

Answer:

If the company uses FIFO, the gross income will increase by $500.

Explanation:

Giving the following information:

Purchases:

230 units of inventory for $9

330 units for $10

270 units for $11

At the end of the month, 310 units remained.

<u>The difference in gross profit is in the cost of goods sold. First, we will determine the number of units sold:</u>

<u></u>

Units sold= total units - ending inventory

Units sold= 830 - 310

Units sold= 520

<u>The FIFO method uses the cost of the firsts units incorporated into inventory. The LIFO method uses the cost of the lasts units incorporated into inventory.</u>

FIFO:

COGS= 230*9 + 290*10= $4,970

LIFO:

COGS= 270*11 + 250*10= $5,470

Difference= 5,470 - 4,970= $500

If the company uses FIFO, the gross income will increase by $500.

6 0
3 years ago
When diversified firms use the revenues from profitable businesses to subsidize the operations of another business and then set
Over [174]

Answer:

<u>Predatory</u>.

Explanation:

This predatory pricing strategy is used when a company aims to create entry barriers for new competitors, significantly lower the price to gain new customers and drive competitors away. The cons of this strategy is that in addition to being illegal, lost revenue is not always recovered, and there are other factors that drive competitors away, not just price.

7 0
3 years ago
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