It would actually be an increased production by the business.
Haha, I had to think for a tiny bit and re-check my answer to make sure it was right before giving it. Would hate to see you get it wrong.
Answer:
Product is the correct answer.
Explanation:
Answer:
Find attached complete question:
The correct option is A,$ 746,200
Explanation:
The total standard costs for the whole items of inventory completed in the month of July is the sum of the beginning balance of inventory plus direct materials costs, direct labor cost as well as manufacturing overhead cost applied.
Total cost of completed units=$44,100+$564,900+$195,300+$315,000=$ 1,119,300.00
standard cost per unit=$1,119,300.00/21000=$53.3
Cost of goods sold(unadjusted)=$53.3
*14,000=$ 746,200.00
Answer:
If the the single cable TV firm from Sydney now has a new competitor coming into town, what will most likely happen with the price of the service is that it will go down and become more accessible to consumers, as a direct consequence of the generation of competition from market between the companies involved.
The concept of competition plays a central role in economic theory. it is a situation by which different actors (companies or consumers) compete for a share in the same activity, typically the sale or purchase of a product or service. For economic operators, it is often an advantage to have limited competition on their own side of the market and a lot of competition on the opposite side, as it allows for high profits. From the point of view of society, as high a competition as possible is usually an advantage, as it ensures the best possible utilization of society's resources.
