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3 years ago

What's two examples of a direct competition?

Business

1 answer:

densk [106]3 years ago

5 0

Answer and Explanation:

Direct competition is a type of competition where two or more businesses offers the same kind of product and compete in the similar market.

The examples like dominos versus pizza hut in terms of food, HP versus Dell in terms of laptop

So in this examples they sell the same kind of products and compete each other

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Multiple Choice Question 71 Boswell Company manufactures two products, Regular and Supreme. Boswell’s overhead costs consist of

seropon [69]

Answer:

Allocated MOH= $5,250,000

Explanation:

Giving the following information:

Overhead costs:

Machining = $5,000,000

Assembling= $2,500,000

Regular:

Direct labor hours= 10,000

Machine hours= 10,000

Number of parts= 90,000

Supreme:

Direct labor hours= 15,000

Machine hours= 30,000

Number of parts= 160,000

First, we need to calculate the estimated overhead rate for each department. For Machining, we will use the machine hours. For Assembling, we will use the direct labor hours.

To calculate the estimated manufacturing overhead rate we need to use the following formula:

Estimated manufacturing overhead rate= total estimated overhead costs for the period/ total amount of allocation base

<u>Machining:</u>

Estimated manufacturing overhead rate= 5,000,000/ (10,000 + 30,000)= $125 per machine hour

<u>Assembling:</u>

Estimated manufacturing overhead rate= 2,500,000/(25,000)= $100 per direct labor hour

Now, we can allocate overhead to supreme.

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

Allocated MOH= (125*30,000) + (100*15,000)= $5,250,000

6 0

3 years ago

Which inventory costing method results in the lowest net income during a period of rising inventory costs?.

scoray [572]

Due to the greatest cost of goods sold, the LIFO (Last In Last Out) technique displays the lowest net profitability. Compared to the other techniques of inventory valuation, the cost of goods sold for the LIFO approach is the greatest.

<h3>Which technique of inventory valuation will result in the lowest net profit?</h3>

The application of LIFO will produce the lowest net income and the greatest estimated cost of goods sold among the three options during periods of inflation.

<h3>Which method of inventory has the lowest income tax rate?</h3>

LIFO is the inventory cost flow method that yields the lowest income tax liability. A form of inventory cost flow mechanism called last-in-first-out (LIFO) operates under the presumption that the last item acquired will be the first item to be sold.

<h3>In an era of inflation, which inventory method results in the lowest income tax?</h3>

Due to increasing COGS, LIFO leads to reduced net income (and taxes). However, under LIFO during inflation, there are fewer inventory write-downs. Results from average cost are in the middle of FIFO and LIFO.

To Know more about techniques

brainly.com/question/13655064

#SPJ4

7 0

1 year ago

A disadvantage of feedback is that: Group of answer choices it makes the control process inefficient. most people are too sensit

julsineya [31]

Answer: It always comes after the fact.

Explanation:

Feedback is very important for a company. It helps them know where they need to improve on so that they can offer better services ti customers. It also fosters good relations with customers as they will feel their input is taken into account.

Unfortunately though the whole premise of Feedback is that it's based on information of an event that has already happened and SOMETIMES CANNOT BE CHANGED. This is a very huge drawback but one that is implicit in the process itself.

6 0

3 years ago

What is the most important thing about meeting new contacts

Dahasolnce [82]

I think A. Because I think it is very important to meet new people and getting to know them.

8 0

3 years ago

Read 2 more answers

Suppose Saron has 7 Birr to be spent on two goods: banana and bread. The unit price of banana is 1 Birr and the unit price of a

mojhsa [17]

Answer:

Solution:

p_x=3, G_x=\frac {100}{3}=33\frac{1}{3}p

=3,G

100

=33

p_y=5, G_y=\frac{100}{5}=20p

=5,G

100

=20

100-0.25\times 100=75100−0.25×100=75

p_x=3, G_x=\frac {75}{3}=25p

=3,G

=25

p_y=5, G_y=\frac{75}{5}=15p

=5,G

=15

p_x=6, G_x=\frac {100}{6}=16\frac{2}{3}p

=6,G

100

=16

p_y=5, G_y=\frac{100}{4}=25p

=5,G

100

=25

MU_x=68-60=8, p_x=2MU

=68−60=8,p

MU_y=29-25=4, p_y-?MU

=29−25=4,p

−?

\frac {MU_x}{p_x}=\frac{MU_y}{p_y}

\frac{8}{2}=\frac {4}{p_y}

p_y=1p

8 0

3 years ago

What's two examples of a direct competition?​

What's two examples of a direct competition?