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3 years ago

8

In early America, the Navigation Acts ensured all imported products came from England. What type of market structure is this an

example of?
A) monopoly
B) oligopoly
C) traditional
D) free competition

1 answer:

DerKrebs [107]3 years ago

4 0

Answer:

oligopoly

Explanation:

umm

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A company used $35,000 of direct materials, incurred $73,000 in direct labor cost, and had $114,000 in factory overhead costs du

morpeh [17]

We can calculate the cost of goods manufactures using the formula:

Total Cost = Cost of Direct Materials + Direct Labor Cost + Overhead Cost – Inventory

Substituting the known values:

<span>Total Cost = $35,000 + $73,000 + $114,000 – ($32,000 - $28,000)</span>
Total Cost = $218,000 -----> ANSWER

We deduct the initial from the final inventory to get the balance.

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3 years ago

Prepare a 2017 balance sheet for Jarrow Corp. based on the following information:

Basile [38]

Answer and Explanation:

The preparation of the balance sheet is presented below:

<u>Assets Liabilities & Equity</u>

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Account receivable $162,500 Note payable $115,000

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(Balancing figure)

Patents & copyrights $630,000 Acc retained earnings $1,248,000

<u>Total assets $2,890,000 Total liabilities & Equity $2,890,000</u>

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3 years ago

a variable that predicts what will happen with the sales of another product is referred to as that product's:

olasank [31]

Leading Indicator is a variable that predicts what will happen with the sales of another product is referred to as that product's.

<h3>What is a leading indicator?</h3>

A piece of data or a group of facts related to the economy that may predict future movement or change in the economy is known as a leading indicator. Future events and trends in business, markets, and the economy can be predicted and projected with the use of economic leading indicators. An example of a leading safety indicator would be the proportion of workers wearing hard helmets on construction sites. A leading indication is a predicted measurement. A lagging safety indicator might be the number of accidents on a construction site, which is an output measurement. Items like newly generated accounts, leads or opportunities, and won opportunities are examples of leading indicators. Won opportunities, lost opportunities, won amounts, and lost amounts are examples of lagging indicators.

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1 year ago

The standard overhead applied is based on the ______ level of activity multiplied by the predetermined overhead rate.

Alina [70]

Answer: actual level

Explanation:

It should be noted that when determining the standard overhead cost rate, overhead costs have to be grouped into the fixed cost and the variable costs.

The standard overhead applied is based on the actual level of activity multiplied by the predetermined overhead rate.

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3 years ago

As the price of good X rises from $1.50 to $1.75 the result is a decrease in the quantity demanded of good X from 650 units to 5

lyudmila [28]

Answer:0.63; rises

Explanation:

As the price of good X rises from $1.50 to $1.75 the result is a decrease in the quantity demanded of good X from 650 units to 590 units. The price elasticity of demand for good X is _____0.63________ and total revenue _____rises_____ as the price of good X rises from $1.50 to $1.75.

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