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8090 [49]
3 years ago
8

Usually a company is classified as a single business firm when revenues generated by the dominant business are greater than ____

percent
Business
1 answer:
hammer [34]3 years ago
4 0

Answer: A company is classified as simple business when revenues generated by the dominant business are greater than 95%.

Explanation: The advantage of having a company where its profits come from a single type of activity, is that they concentrate all their forces and can have a better competitive advantage than in the opposite case, activities are diversified. Example: A company dedicated to the manufacture of private vehicles would be simple if it only executes the manufacture of vehicles and diversified when it sells in addition to private vehicles, trucks and motorcycles.

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Wilmington Company has two manufacturing departments--Assembly and Fabrication. It considers all of its manufacturing overhead c
leva [86]

Answer:

1. $3,380

2. $2,175

Explanation:

Part 1

Predetermined overhead rate = Total Overheads for the Company ÷ Total  Direct labor-hours for the Company

                                                  =  $ 15,080,000 ÷ 232,000

                                                  = $65

Overheads applied to Job Bravo = ( 30 x $65) + (22 x $65) =  $3,380

Part 2

<em>Assembly department</em>

Predetermined overhead rate =  $ 7,250,000 ÷ 145,000

                                                  = $50

<em>Assembly department</em>

Predetermined overhead rate =  $ 7,830,000 ÷ 290,000

                                                  = $27

Overheads applied to Job Bravo = (30 x $50) + (25 x $27) = $2,175

3 0
3 years ago
Imagine you are the owner of a natural gas company. You can either extract as much of the resource as fast as possible or delay
Arte-miy333 [17]

Answer:

A

Explanation:

7 0
3 years ago
Define ethics, and describe the role that it plays in discretionary decision making. Give an example.
Lerok [7]

Explanation:

Ethics can be defined as the study of the behaviors that guide human behavior, that is, society is developed through a set of moral behaviors that define its values ​​and its conception of which human behaviors and attitudes are positive or negative. Ethics then emerges as the standardization of these behaviors and moral values, it is a code of conduct for positive actions by man in society in all areas of life.

In discretionary decisions, in which there is a possibility of interpretation by the legislators, ethics appears as a normative instrument for the conduct of decisions, being a guide for the legislator to decide for what will have greater ethical value and benefits for society.

6 0
3 years ago
50 POINTS
Dmitry_Shevchenko [17]
Nothing will change. Upper management must enthusiastically pursue the plan and create a culture for employees to follow
4 0
3 years ago
In its first month of operations, Concord Corporation made three purchases of merchandise in the following sequence: (1) 650 uni
Triss [41]

Answer: Average unit cost=$5.800 per unit

Cost of Ending inventory =$3,190

Explanation:

Average unit cost

First purchase= 650 units x $4=$2,600

Second Purchase=750 units x $6 =$4,500

Third Purchase=    850 units x $7 = $5,950

Total Cost =                                     $13,050

Average unit cost = Total cost/ number of units =13,050/(650+750+850)= 13,050/2250= $5.8 per unit

Cost of Ending inventory = 550 unts at hand x $5.8 =$3,190

(using the average cost method)

7 0
3 years ago
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