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marin [14]
3 years ago
15

Match each given scenario to its cause.

Business
1 answer:
erastovalidia [21]3 years ago
3 0

Answer:

1 goes to 2 and last one goes to 4 and 3 one goes to 3 and 1 ones goes to 4th

Explanation:

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Initially, a competitive industry that has 1,000 firms is in long-run equilibrium. Then 100 firms in the industry adopt a new te
antoniya [11.8K]

Answer:

The correct answer is: declines; higher economic; will incur losses.

Explanation:

A perfectly competitive firm has 1,000 firms that are operating in the long-run equilibrium.  

Out of these firms, 100 firms have adopted a new technology that has caused their average cost of production to decline.  

These firms will be able to produce more output at the same cost. As a result, their supply will increase, this will cause the price to decline.  

The firms with new technology that are facing a lower average cost of production will earn positive economic profits as they have lower costs.  

The firms with old technology that have higher production costs will incur economic losses as they have higher costs.

7 0
3 years ago
Larry, a human resources executive at Printopress, caters to the human resources needs of other departments in the company, such
lozanna [386]

Answer:

A) Functional departmentalization

Explanation:

Functional departmentalization -

The functional departmentalization , a specific organization is organized into various departments depending on the functions each of the department do , is known as functional departmentalization .

The advantage of Functional departmentalization is that it increases the efficiency of the organisation .

hence , from the question ,

The correct term according to the given information is Functional departmentalization .

8 0
3 years ago
Potash Corporation acquired the voting stock of Safestyle Company on January 1, 2019 for $50 million. Safestyle's book value at
Vika [28.1K]

Answer: A. $53,300,000

Explanation:

Year 2019 balance for Investment

= Cash + Net income - amortization

Net income = Beginning retained earnings 2020 - Beginning retained earnings 2019

= 11 - 8

= 3 million

Balance 2019 = 50 + 3 - 1

= $52 million

Year 2020 balance

= Opening balance + Net income - amortization

= 52 + 1.8 - 0.5

= $53.3 million

= $53,300,000

4 0
2 years ago
The proper style for an argumentative essay is?
Monica [59]
Don't use "i" or refer to yourself in any way try not to state opinions but facts
4 0
3 years ago
Read 2 more answers
Manufacturing cost data for Orlando Company, which uses a job order cost system, are presented below. Indicate the missing amoun
ohaa [14]

Answer and Explanation:

As per the given question the solution of missing amount for each letter is provided below:-

                                           Case A           Case B

Direct material used        a $49,350      $93,400

Direct Labor                      $56,000          $146,100

Manufacturing overhead

applied                              $44,800         d $116,880

Total manufacturing

cost                                 $150,150           e $356,380

Work in process 1/1/20  b $55,750        $16,800

Total cost of work in

process                         $205,900         f $373,180

Work in process

12/31/20                       c $11,600          $15,400

Cost of goods

manufactured              $194,300            g $357,780

Working Note

a. Direct materials used = Total manufacturing costs - Manufacturing overhead applied - Direct labor

= $150,150 - ($56,000 + $44,800)

= $150,150 - $100,800

= $49,350

b. Works in process 1/1/20 = Total cost of works in process - Total manufacturing costs

= $205,900 - $150,150

= $55,750

c. Works in process 12/31/20   = Total cost of works in process - Cost of goods manufactured

= $205,900 - $194,300

= $11,600

d. Manufacturing overhead applied = $44,800 ÷ $56,000

= 80%

For case B the manufacturing overhead applied = 80% × $146,100

= $116,880

e. Total manufacturing costs = Direct materials used + Direct Labor + Manufacturing overhead applied

= $93,400 + $146,100 + $116,880

= $356,380

f. Total cost of work in process = Total manufacturing costs + Works in process 1/1/20

= $356,380 + $16,800

= $373,180

g.  Cost of goods manufactured = Total cost of work in process - Works in process 31/12/20

= $373,180 - $15,400

= $357,780

Therefore to reach the missing amounts we simply use the working notes.

8 0
3 years ago
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