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3241004551 [841]
3 years ago
14

An economic principle states that the lower the price of a product, the greater the quantity consumers will wish to purchase. Th

is principle is based on the critical assumption that
Business
1 answer:
nikitadnepr [17]3 years ago
5 0
The law of demand is a fundamental principle of economics which states that at a higher price consumers will demand a lower quantity of a good.
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Canoe Company's manufacturing accounting system uses direct labor costs to apply overhead to goods in process and finished goods
sasho [114]

Answer:

Estimated manufacturing overhead rate= $0.2 per direct labor dollar

Explanation:

Giving the following information:

Direct labor, $30,000

Factory overhead applied $6,000.

<u>To calculate the predetermined overhead rate, we need to use the following formula:</u>

Allocated MOH= Estimated manufacturing overhead rate* Actual amount of allocation base

6,000= Estimated manufacturing overhead rate*30,000

6,000 / 30,000 = Estimated manufacturing overhead rate

Estimated manufacturing overhead rate= $0.2 per direct labor dollar

4 0
3 years ago
comparing vendor invoices to inventory prices, obtaining lower of cost or market data and recalculating deprecation schedules re
Lerok [7]

Comparing seller invoices to stock fees, obtaining decreased price or market facts, and recalculating deprecation schedules relate to the assertion: of valuation and allocation.

Definition of assertion: the act of affirming or something this is asserted: consisting of. a: insistent and superb in asserting, keeping, or defending (as of a proper or attribute) an announcement of ownership/innocence. b : an announcement that something is the case He provided no proof to help his assertions.

An instance of someone making a declaration is a person who stands up boldly in a meeting with a factor in opposition to the presenter, despite having valid proof to guide his statement. An example of an announcement become that of ancient scientists that stated the arena changed into a flat.

An assertive sentence is a sentence that states a fact. Such sentences are easy statements. The nation asserts or declares something. they are additionally referred to as declarative sentences. Assertive sentences typically give up with a length or complete prevent.

Learn more about assertion here: brainly.com/question/26115325

#SPJ4

5 0
1 year ago
If the two countries have the same amount of resources and the same technological knowledge, which country has an absolute advan
Kisachek [45]

Answer:neither does

Explanation:

3 0
3 years ago
how can networking with friends, colleagues, and members of organizations assist you in your quest to become who you want to be?
polet [3.4K]
Networking with your friends, members of organizations and co-workers can assist a person to get the job they want or move up in their current job. Networking can help a person get into the right circles and meet new people. This will help you meet the right connections to better yourself with a new job or even move up the ladder in your current job. You can also have business cards made and give them to co-workers, friends, and family to pass around for you. You can also use people in your already completed circle of friends to use as a mentor. This will help you become the person you want to be in life. 
8 0
3 years ago
Rhone-Poulenc is an international French company that produces and markets a variety of chemicals and pharmaceuticals. Due to th
fomenos

Answer:

core competency

Explanation:

Core competency -

It refers to as the characteristics of the business or company in order to stand out from rest in the competitive market , is referred to as the core competency  .

It consists of innovative skills , resources , technology , manpower , which makes a particular company far more better than rest of the companies .

Hence , from the given scenario of the question ,

The correct answer is core competency  .

6 0
3 years ago
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