Answer:
<em>When manufacturing overhead costs are assigned to production in a process cost system, it means that the business uses absorption costing system.</em>
Explanation:
When manufacturing overhead costs are assigned to production in a process cost system, it means that the business uses absorption costing system.
Absorption costing system is that where units of products and inventories are valued using full cost. Full cost implies that each product would be charged for an amount of the<em> fixed production overhead </em>in addition to the variable cost.
The fixed overhead is charged using a predetermined overhead absorption rate.
1) Is most likely b) a commission. Commissions and bonuses can both be based off sales performance, but the the fact that she gets it for every sales makes it sound more like commissions which tends to be a structural aspect of someone’s pay that happens repeatedly, versus a bonus which is typically a one time thing.
2) is fixed salary. Hourly pay usually applies to lower levels and fixed salaries are for higher level, executive, employees
Answer:
decide to increase advertising expenditures even if it means a reduction in profits.
Explanation:
An oligopoly can be defined as a market structure comprising of a small number of firms (sellers) offering identical or similar products, wherein none can limit the significant influence of others.
Hence, it is a market structure that is distinguished by several characteristics, one of which is either similar or identical products and dominance by few firms.
The characteristics of an oligopolistic market structure are;
I. Mutual interdependence between the firms.
II. Market control by many small firms.
III. Difficult entry to new firms.
Under oligopoly, if a business firm decides to significantly increase its advertising expenditures in order to increase its market share, it is most likely that other business firms in that industry will decide to increase advertising expenditures even if it means a reduction in profits.
Basically, the behavior of all business firms is highly dependent on the behavior of the other firms in the industry is oligopoly.
Answer:
Credit cards
Explanation:
Credit cards can allow for easy access to money. They can also be expensive if the balance is carried or they are overused.
The distribution channel is a series of marketing entities through which goods and services pass on their way from producers to end users.
<h3>What is distribution channel?</h3>
A distribution channel can be regarded as the marketing entities that the product and services of a comp-any usually pass through right from the producers to end users.
It can pass from the producer to the wholesaler to the retailer until it get to final consumer, hence, The distribution channel is a series of marketing entities through which goods and services pass on their way from producers to end users.
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