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cricket20 [7]
4 years ago
5

Pressures for cost reduction are intense in industries where Multiple Choice consumers are weak and face high switching costs. t

here is persistent excess capacity. major competitors are based in high-cost locations. the company is located in a low-cost location.
Business
1 answer:
Tanzania [10]4 years ago
4 0

Answer:

there is persistent excess capacity.

Explanation:

Pressures for cost reduction are intense in industries where there is persistent excess capacity.

Generally, when the level of supply is relatively higher than the level of demand at a specific period of time, the price of goods and services are usually expected to fall.

<em>In this scenario, there is persistent excess capacity in the industry and as such in order to be able to keep up with sales, the company will have to reduce its selling price. This will enable the company to have competitive advantage over its rivals in the same industry. </em>

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Presented below are incomplete manufacturing cost data. Determine the missing amounts for three different situations. Direct Mat
ira [324]

Answer and Explanation:

The computation of the missing amount of the three different situations is shown below:

As we know that

Total manufacturing costs = Direct materials + Direct labor + Factory overhead

Now

<u>Direct materials     Direct labor    Factory overhead     Total manufacturing </u>

<u>                                                                                           costs </u>

$42,300                 $64,000         $52,300                    $158,600

$75,200                 $77,800         $144,000                     $297,000

$58,300                 $140,700       $115,000                      $314,000

6 0
3 years ago
Builders Inc., Real Estate Broker, Inc., and Developers, Inc. form a business to purchase, develop, and build a shopping mall in
Nina [5.8K]

Answer:

Joint Venture

Explanation:

The reason is that in a joint venture, two or more than two companies form a partnership aggrement to achieve the combined objectives in a limited time constraint. The companies gain synergy in achieving that combined objective which is all because of the pooling of resources of the venturing organization. Here is the similar case. Three organization here had formed a contract and agreed to pool their resources to achieve a combined objective. Once this objective is achieved the partnership (Joint Venture) will be dissolved.

6 0
3 years ago
Conversion costs do not include which of the following costs?
fomenos

Answer:

I am pretty sure the answer is A) direct materials

Explanation:

Conversion cost equals direct labour plus manufacturing overhead

6 0
3 years ago
Read 2 more answers
Caroline is assessing market growth, market competitiveness, and market access for each segment she has identified. Caroline is
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Answer: profitability

Explanation: profitability measures the return made from one's investment in a particular business or endeavor. The gain or yield accrued will differ from one investment or market segment to the other. In the scenario described above, Caroline has identified some potential markets which she is probably looking forward to dive into. However, studying the profitability of each market segment is essential and can be determined based on factors such the rate or speed at which the market is growing as this will determine the demand, how competitive the market is as competitiveness plays a role in an investors level of preparedness and the market access. Other factors to determine profitability may include ; government regulation, seasonality of product and so on.

3 0
3 years ago
A customer believes ABC's stock price will rise, but she does not currently have the money to buy 100 shares. How could the cust
Varvara68 [4.7K]

Answer:

The customer could buy call options and sell put options.

Explanation:

A call option gives you the right to buy a stock at a certain price. If the price of a stock rises (as the investor believes), the call option can be exercised and a profit will be made.

A put option gives you gives you the right to sell at a certain price. If the price of a stock rises (as the investor believes), the put option will not be exercised since the sales price will be lower than the market price.

7 0
3 years ago
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