I dont know what the statements are.
Answer:
$12,100
Explanation:
The contribution margin of a product may be defined as the price of the product minus the associated variable cost which results in the incremental profit that is earned when one unit of the product is sold. It is obtained by subtracting the total variable cost from the total sales of the product.
In the context, the total contribution margin of a product for the month under the variable costing would be $12,100 for the manufacturing company.
Answer:
$69000
Explanation:
The Gross profit that is reported by Alistair at the end of the year, will be calculated as follow;
Formula is as follow;
Total revenues – (Cost of goods sold – unadjusted credit balance manufacturing overheads account)
Followings values are given in the question;
Total revenues ($158000 + $214000) = $372000
Cost of goods sold ($144000 + $184000) = $328000
Unadjusted credit balance manufacturing overheads account = $25000
Now let’s put the values in the formula;
$372000 – ($328000 – $25000)
$372000 – $303000 = $69000
Answer:High barriers to exit.
Explanation:Barriers to exit are obstacles or impediments that prevent a company from exiting a market or industry. Typical barriers to exit include highly specialized assets, which may be difficult to sell or relocate, and high exit costs, such as asset write-offs and closure costs.
The United States government was correct in interfering with the growth of Standard Oil. Not only was the company taking advantage of existing situations, but eventually it would have controlled the oil market entirely. If Standard Oil was able to gain control of the market for a long period of time, consumers could have had to pay extremely high prices for the oil that they needed, limiting their purchase of other goods. Or Sample response: The United States government should not have interfered with the growth of Standard Oil. Because the company had managed to reduce production costs, it was able to offer very low prices to consumers. This benefited many Americans. Without the company's production benefits, citizens were not able to take advantage of this infrastructure.