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Alex
3 years ago
15

What market structure would the manufacturers of the cellular phones be categorize as?

Business
1 answer:
deff fn [24]3 years ago
7 0
I think it would be “oligopoly”
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This is an example of mass selling through publicity.
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Governments often implement price ceilings to protect consumers from the high prices of essential goods and services that freque
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  • Price ceiling helps to prevent the producers from exploiting the consumers.

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2 years ago
During the most recent month, the following activity was recorded: a. Eleven thousand two hundred pounds of material were purcha
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Complete question:

Huron Company produces a commercial cleaning compound known as Zoom. The direct materials and direct labor standards for one unit of Zoom are given below:

Standard Quantity or Hours Standard Price or Rate Standard  Cost

Direct materials 4.6 pounds $ 2.50 per pound $ 11.50

Direct labor 0.2 hours $ 12.00 per hour $ 2.40

During the most recent month, the following activity was recorded:

a. Eleven thousand two hundred pounds of material were purchased at a cost of $2.90 per pound.

b. The company produced only 1,120 units, using 10,080 pounds of material. (The rest of the material purchased remained in raw materials inventory.)

c. Five hundred and forty eight hours of direct labor time were recorded at a total labor cost of $6,576.

Solution:

Direct Material price Variance

= (Actual Price - Standard price) x Actual Quantity

= ($2.90 - $2.50) x 10,080 = $4032 (F)

Standard Quantity = 1,120 x 4.6 = 5,152 pounds

Direct Material Quantity Variance

= (Actual Quantity - Standard Quantity) x Standard Price

= (10,080 - 5,152  ) x $2.50 = $12,320 (U)

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3 years ago
You have been asked by the president of your company to evaluate the proposed acquisition of a new special-purpose machine. The
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Answer:

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