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Korvikt [17]
3 years ago
10

Define the word buffer in entrepreneurship ( business ) form .

Business
1 answer:
Fantom [35]3 years ago
5 0

Answer:

a means or device used as a cushion against the shock of fluctuations in business or financial activity

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Robinson Manufacturing found the following information in its accounting​ records: $ 519 comma 800 of direct materials​ used, $
Damm [24]

Answer:

Cost of good manufactured=  $1507100

Explanation:

To calculate the cost of manufactured goods we need to use the following formula:

Cost of good manufactured= Beginning work in progress+ direct materials of the period + direct labor + manufactured overhead - ending work in progress

Beginning work in progress= 72400

Direct materials = beginning inventory + purchase - ending inventory= 519800

Direct labor= 226700

Manufactured overhead= 775800

Ending work in progress= 87600

Cost of good manufactured= 72400 + 519800 + 226700 + 775800 - 87600= $1507100

5 0
3 years ago
Match each inequality or equality to the corresponding term for the monopolistic competitor operating at optimal, short-run prod
klio [65]

Pure monopoly and pure competition are the opposing limiting cases. Monopolistic competition exists between those two.

Monopolistic competition is distinguished by the fact that, despite being closely related to one another, the products of various firms are not all the same but rather differ from one another. As numerous businesses compete to sell their products, there is also a component of competition.

Price=Average Total Cost Total Revenue is equal to total cost so there

                                                is zero economic profit.  

Price>ATC                          It means that firm is earning short run

                                                economic profit.  

Price<ATC                          It means firm is earning Short Run Economic

                                                Loss  

Price> Marginal Revenue  It means firm has market power  

Price>Marginal Cost          Mark up

Learn more about Monopolistic competition, here

brainly.com/question/29617378

#SPJ4

8 0
10 months ago
Business writers prefer simple, informal words that are readily understood and less distracting than more difficult, formal word
Daniel [21]

Answer:

The statement is: False.

Explanation:

Business is one of the fields that require paperwork and reports to be transmitted seriously because of the type of information handled. <em>Inflation rates, the annual Gross Domestic Product (GDP) </em>or <em>a country's economic policy</em> are typical topics dealt in this field. For that reason, business writers <em>must be formal</em> without being afraid of using technical terminology where necessary.

5 0
2 years ago
Barber and Atkins are partners in an accounting firm and share net income and loss equally. Barber's beginning partnership capit
Ivenika [448]

Answer:

The answer is $304,000

Explanation:

Barber's ending equity is:

Barber's beginning partnership capital balance for the current year plus share of partnership net income minus Barber's withdrawal

Barber's beginning partnership capital balance for the current is $314,000

Share of partnership net income

= $152,000 /2

= $76,000

Barber's withdrawal = $86,000

Therefore, Barber's ending equity is

$314,000 + $76,000 - $86,000

= $304,000

8 0
2 years ago
Bond appraisals are used in the municipal secondary market because:_______. I the market is thin II the market is active III tra
gogolik [260]

Answer: B. I and IV

Explanation:

An appraiser bond is simply an insurance form that is bought by appraisers which indicates total compliance with the regulations and the laws in their field.

Bond appraisals are used in the municipal secondary market because the market is thin and trades are not reported to a consolidated tape.

4 0
3 years ago
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