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icang [17]
4 years ago
6

"a perfectly competitive market. The firm will stay in the market in the long run only if the market price is greater than or eq

ual to"

Business
1 answer:
Lady bird [3.3K]4 years ago
7 0

Answer:

$10 for 200 units which means $0.05 per unit.

Explanation:

The firm will only survive in a perfectly competitive market if its average cost is at minimum level which we can see in the figure. The lowest average cost is $10 for 200 units which means average cost per unit is $0.05 per unit. At this stage the company will be able to produce higher profits because its average cost per unit is at minimum level.

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Icy Mocha Company estimates its factory overhead costs to be $35,000 and machine hours to be 5,000 for the year. If the actual h
Vedmedyk [2.9K]

Answer:

$160 overapplied

Explanation:

Icy Mocha company estimates it's factory overhead costs to be $35,000 and machine hours to be 5,000 for a period of one year.

The actual number of hours worked on job 333 and 334 equals a total of 4,980

The actual factory overhead costs are $34,700

The first step is to calculate the predetermined overhead rate

= Overhead costs/machine hours

= $35,000/5,000

= $7

The amount of either over or underapplied factory costs can be calculated as follows

= predetermined overhead rate×actual number of hours worked

= $7×4,980

= $34,860

The amount is then subtracted from the actual overhead costs

= $34,700-$34860

= -$160

= $160 overapplied

Hence the amount of overapplied factory overhead is $160

4 0
3 years ago
Blind taste-tests have shown that the taste of premium-priced vodkas and inexpensive vodkas are indistinguishable even to regula
tatuchka [14]
The perception of prestige and status as a means of differentiating a product
6 0
3 years ago
Im thinking of a number 1 - 10 if u are closet u get BRAINLIST!!!! (#°Д°)
Elan Coil [88]

Answer:

7

Explanation:

thanks for the points:)

6 0
3 years ago
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All of the products a company sells in a particular category are called a.
Mrrafil [7]
Pretty sure it’s product line
3 0
4 years ago
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Mary, an independent sales representative, is hindered in her ability to be in contact with clients because of dropped calls on
Slav-nsk [51]

Answer: c. Need recognition

Explanation: Mary has just proceeded through the need recognition stage of consumer decision making. This is because she discovered an issue that needed to be resolved that affected her ability to be in contact with her clients. The need recognition stage of consumer decision making as the first stage of the consumer decision making process refers to the instance where a consumer recognizes that a need exists that needs to be satisfied. The need can be triggered by internal stimuli or external stimuli. Mary researched what kind of need she has, what brought it about, and possible ways to deal with the need.

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4 years ago
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