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Leya [2.2K]
3 years ago
6

Tim rutherford is thinking about starting a firm in the medical equipment industry. in the industry analysis tim has been? condu

cting, one thing he has noticed is that the medical equipment industry is characterized by buyer group concentration. this factor concerns tim because it tells him that the profitability of the medical equipment industry is potentially suppressed by the? ________.
Business
2 answers:
Aleonysh [2.5K]3 years ago
8 0

Answer:

The correct answer is:  bargaining power of buyers.

Explanation:

Buyer concentration is referred to several consumers that get together within the same market. This is usually carried out when the buyers massively claim a certain price for a product which leads to the bargaining power of buyers. That is the influence that consumers have in setting the price for goods or services, normally against producers' interest.

Dvinal [7]3 years ago
4 0
By the bargaining power of buyers. The nearness of effective purchasers lessens the benefit potential in an industry. Purchasers increment rivalry inside an industry by compelling down costs, anticipating enhanced quality or more administrations, and playing contenders against each other.
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Korolek [52]
??? C ???

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4 0
3 years ago
On July 1, a company paid the $600 premium on a one-year insurance policy with benefits beginning on that date. What will be the
Schach [20]

Answer:

$300

Explanation:

When insurance is paid in advance, the entries required are

Debit Prepaid Insurance

Credit Cash account

As time elapses and the insurance expires,

Debit Insurance expense

Credit Prepaid Insurance

Amount of insurance expense as at 31 December (6 months between 1 July and 31 December)

= 6/12 * $600

= $300

The insurance expense on the annual income statement for the first year ended December 31 is $300.

8 0
2 years ago
MCO Leather Goods manufactures leather purses. Each purse requires 2 pounds of direct materials at a cost of $4 per pound and 0.
ruslelena [56]

Answer:

Direct Materials Purchases Budget Sept 51680  October  60160              

Direct labor Budget September 54600 October  66150

Overhead Budget Sept  $ 20920  October  $23,230

Explanation:

The budgets are calculated in the following ways.

We multiply the required material , direct labor hour or variable overhead rate with the given number of units and then with the cost per unit to get the total costs.

MCO Leather Goods Manufacturers

Direct Materials

<u>Purchases Budget</u>

                              September      October      November

Production              5200             6300             6100

<u>Pounds per units       *  2                 *2                    *2</u>

<u>Total Pounds           10400           12600           12200</u>

Cost per pound         * $4               * $4                   *$4

<u>Total cost                41600           50400           48800 </u>

On hand

<u>Inventory               + 10080             + 9760                 ---     </u>

Direct Materials

<u>Purchases Budget  51680           60160                     </u>

<u></u>

MCO Leather Goods Manufacturers

Direct Labor Budget

                                       September           October

Production                        5200                   6300

<u>Hours required per unit * 0.7                          *0.7</u>

Total hours                      3640                      4410

<u>Rate per hour                 * $15                           *$15</u>

<u>Total labor Cost            54600                   66150</u>

 

MCO Leather Goods Manufacturers

Factory Overhead Budget

                                       September           October

Production                        5200                   6300

<u>Hours required per unit * 0.7                         * 0.7</u>

Labor Hours                      3640                  4410

<u>Variable OH                      * $3                     *$3        </u>

<u>Variable Costs                 $10920             $13230</u>

<u>Fixed OH                        + $10,000             +$10,000</u>

<u>Total OH                          $ 20920             $23,230</u>

8 0
2 years ago
Find the minimum payment on an unpaid balance of ​$. Assume that the minimum payment on a credit card is the greater of ​$ or ​%
antoniya [11.8K]

Answer:

$27

Explanation:

Giving that the most important(all in actuality) values related to the question are not listed, I'd do well to improvise and assume. And as such, I have these

I'm assuming that the minimum payment on a credit card is the greater of $27 or 3% of the unpaid balance. And thereafter, proceeding to find the minimum payment on an unpaid balance of about $815.69.

To do this, we use simple arithmetic to first find the value of the percentage in dollars, so that

3% of $815.69 = 3/100 * 815.69 = $24.471

Remember that drum the question, the minimum payment is greater than 3% of the unpaid balance or $27. Given than 24.47 is less than 27, our answer is $27

6 0
3 years ago
Like the capital asset pricing model, the bond yield plus risk premium (BYPRP) approach is useful for __________.
jekas [21]

Answer:

nanning is the first one for

5 0
3 years ago
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