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Tom [10]
3 years ago
6

6. Identify a change in technology during each of the time periods in history below that you believe improved the

Business
1 answer:
Alexxandr [17]3 years ago
3 0

Answer:

Prior to the 1950s, the production orientation generally held true due to the growing numbers of affluent and middle class people that capitalism had created.

Say’s Law states that the “production of commodities creates, and is the one and universal cause which creates, a market for the commodities produced”.

The emphasis of firms adopting a production orientation of marketing would have been based on the theory of economies of scale, which are the cost advantages that an enterprise obtains due to expansion.

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In the 1960s, the federal communications commission made two important decisions: 1 they authorized the process of broadcasting
rusak2 [61]
In terms of radio programming the effect was that it greatly increased the importance of FM for types of music like rock music, and it encouraged the development of <span>more stations that put songs of the later type of music called progressive rock. At that time it was an important issue for rock music on radio stations</span>
7 0
3 years ago
A venture has net sales of $400,000, cost of goods sold of $200,000, operating expenses (selling, general, and administrative) o
Sphinxa [80]

Given:

Net sales = $400000

Cost of goods sold = $200,000

Operating expenses = $100,000

Interest expenses = $50,000

To find:

The operating profit margin

Solution:

To calculate the operating profit margin, first we have to find the operating profit.

Subtract your total operating expenses from gross profit to calculate operating profit.

That is, \text{Operating profit}=\text{Sales (Revenue) - Cost of goods sold - Operating expenses}\Rightarrow \$400000-\$200000-\$100000=\$100000

Divide operating profit by gross revenue to calculate operating profit margin.

\text{Operating profit margin} = \frac{\text{Operating profit}}{\text{Gross Revenue}}\times100

\Rightarrow\frac{100000}{400000}\times100=25\%

Therefore, the Operating profit margin is 25%.

4 0
3 years ago
The ending inventory has 83,000 units, which are 100 percent complete for Department R costs. Required: a. Assume that Saline So
natima [27]

Answer:

Total unit cost                                   $8.80

Total Costs  Transferred out          $730,400  

Explanation:

In Process Costing we find the individual unit costs and total costs transferred by multiplying it with the equivalent no of units.

As the units are 100 percent complete the Equivalent units are 83,000 units for both materials and conversion.

Saline Solutions

Weighted-Average Process

Materials in Department S             $6.40

<u>Conversion costs Department S     $2.40</u>

<u>Total unit cost                                   $8.80</u>

Total No of units 83,000

<u>Total Costs           $8.80</u>

<u>Total Cost  Transferred Out         $730,400  </u>

<u />

Total Costs Transferred to Materials = $ 6.4 * 83,000=$ 531200

Total Costs Transferred to Conversion = $ 2.4 * 83,000=$ 199200

Total Costs Transferred= $ 531200+$ 199200= $ 730400

4 0
4 years ago
Which of the following refers to a form of protectionism that stipulates a certain proportion of a product must consist of compo
galina1969 [7]

Answer:

D. Local content Rules

Explanation:

Local content rules/requirements emphasize that a certain proportion of a product be manufactured from locally supplied components as opposed to imported inputs in the host country. The aim of this is to safeguard and promote employment in domestic country, promote the growth of domesatic industries, and facilitate technological advancement in these industries and in the economy as whole.

4 0
3 years ago
When recording variances in a standard cost system: Question 22 options: A. Only unfavorable material variances are debited. B.
Phoenix [80]

Answer: D. All unfavorable variances are debited.

Explanation:

When recording variances in a standard cost system, all unfavorable variances are debited.

The reason for this is that it should be noted that the unfavorable variances simply means that there's excess production costs, and hence this will bring about reduction in the operating income. Hence, all unfavorable variances are debited.

Therefore, the correct option is D.

4 0
3 years ago
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