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3 years ago

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Suppose a perfectly competitive market is suddenly transformed into a monopoly (all competing firms are consolidated into a sing

le entity). We would expect price to _____, output to _____, consumer surplus to _____ and deadweight loss to _____.

1 answer:

Digiron [165]3 years ago

5 0

just you know what it must be that i think

Explanation:

suppose a perfectly competitive market is sufdenly what think so

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Peterson Company's records for the year ended December 31 show that no finished goods inventory existed at January 1 and no work

Bumek [7]

Answer:

Peterson's finished goods inventory cost at December 31 under the variable costing method is $90,000

Explanation:

The computation of the Peterson's finished goods inventory cost is shown below:

= (Variable manufacturing cost ÷ units manufactured) × units difference

= ($630,000 ÷ 70,000 units) × 10,000 units

= $90,000

The units difference would be equal to

= Units manufactured - units sold

= 70,000 - 60,000

= 10,000 units

5 0

3 years ago

During Bruce Company’s first year of operations, the company purchased $4,300 of supplies. At year-end, a physical count of the

seraphim [82]

Answer:

Supplies Used = $2475

Explanation:

<u>Bruce Company</u>

Supplies Purchases $4,300

Supplies on hand $1,825

Supplies Used = $ 4300- $ 1825 = $2475

The amount of Supplies used ( $ 4300- $ 1825 = $2475) will be shown in the income statement as an expense and the amount of unused supplies or Supplies on hand $1,825 will be shown in the Balance sheet as an asset account. The both of which will total the supplies actually purchased.

The relating <u>adjusting entry </u>will be

Supplies Expense $ 2475 Debit

Supplies Account $ 2475 Credit

This means the supplies of the amount $ 2475 have been used and is recorded as an expense in the income statement. It will be deducted from the gross profit. The remaining amount $ 1825 is for future use so recorded as an asset in the Balance Sheet and added to the total assets.

6 0

3 years ago

When dealing with a prospect who is slow and methodical, the salesperson should?

drek231 [11]

Slow down and adjust your tempo to that of your prospect's. Simplify all the details. This approach is often referred as "Mirroring", which can lead to a sales prospect's positive result comfortably.

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4 years ago

How is chinese food made soo gosh darn good?

vesna_86 [32]

Answer:

Worm noodles

Explanation:

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3 years ago

Read 2 more answers

roxy’s average monthly expense for her dog is $ 180 . roxy spends an average of $ on food each month. even though roxy spent mor

erica [24]

The SMART goals for Roxy will be illustrated as:

Specific: Roxy wants to start saving for an emergency fund.

Measurable - Roxy simply needs to measure the amount of money that she is getting every month and how much she uses for necessities.

Achievable- Roxy should think deeply whether she can keep up with it and if it is doable. Can she contiously put money into the fund every time she gets paid?

Realistic- Roxy's goal is what she could need in the future, she needs to think if this goal is something she needs for the future. Is this something that is realistic for her to do?

Timely - The goal should be timely. This is important for the accomplishment of the goal.

<h3>What is SMART?</h3>

The acronym S.M.A.R.T. provides guidelines for setting goals and objectives for better results in project management, employee performance management, and personal development, among other areas. George T. Doran first coined the phrase in the Management Review issue from November 1981.

In this case, the SMART goals for Today have been explained above.

Learn more about SMART on:

brainly.com/question/8986181

#SPJ1

Creating a Personal Budget

The amount of money used for basic personal expenses such as housing, food, transportation, and taxes is called the cost of living. The cost of living for a city indicates how expensive or inexpensive it is to live there. Explore the cost of living for a few different cities.

Roxy is planning to move to Fort Lauderdale, Florida, and work as a nurse. She has one dog and no children. She uses public transportation and plans to rent an apartment when she moves. The new company she’ll work for pays employees bimonthly, which means twice a month. In this activity, you’ll help Roxy make a budget.

Part A

Roxy decides that she wants to set a financial goal of saving for an emergency fund. Write about some of the ways Roxy could make her financial goal a SMART goal.

Remember, a smart goal adheres to the SMART acronym:

Specific

Measurable

Achievable

Realistic

Timely

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2 years ago