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3 years ago

In which one of the following instances is the rivalry among competing sellers generally

Business

1 answer:

Likurg_2 [28]3 years ago

5 0

Answer:

I'd say when there are so many rivals that one company's action have little direct impact on the businesses of rivals

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Athens Delivery Service is hired on October 31, 2018 to perform services, beginning on November 1, 2018. The delivery services w

solmaris [256]

Answer: $6600 Explanation: Athens' entered into a contract to deliver services from November 1. This contract is valid for 6 months. Their fiscal year ends on December 31. This means that only 2 months worth of services will be delivered in 2018. Even if Athens received cash for the full 6 months they can only record the revenue when they have fulfilled the obligations and rendered the service. Because only 2 months were rendered in 2018, they can only record $6600 ($3300 × 2 months) in the 2018 fiscal year. The outstanding 4 months' balance will remain in income received in advance account until these 4 months' services are actually rendered and the obligation is fulfilled by Athens.

7 0

3 years ago

PA15.

ser-zykov [4K]

Answer:

Happy Trails

Income statement using variable costing

$ $

Sales 1,900,500

Less: Variable costs:

Direct material (27,000 units x $15) 405,000

Direct labour (27,000 units x $15) 405,000

Variable overhead (27,000 units x $3) 81,000

891,000

Less: Closing stock (8,000 units x $33) 264,000

627,000

Add: Variable selling and administrative 133,000 760,000

Contribution 1,140,500

Less: Fixed cost:

Fixed production cost (27,000 x $25) 675,000

Fixed selling and administrative expenses 300,000 975,000

Net profit 165,500

Profit reconciliation statement

Closing stock Net profit

$ $

Absorption costing 464,000 365,500

Less: Marginal costing 264,000 165,500

Difference 200,000  200,000

The difference of $200,000 in net profit is as a result of $200,000 difference in closing inventory.

Explanation:

In variable costing, variable costs are deducted from sales so as to obtain contribution margin. Net profit is the difference between contribution and fixed costs. Closing stock is the difference between production units and sales units. Closing stock is valued at marginal cost per unit in variable costing. Marginal cost per unit is the aggregate of all variable cost per unit.

3 0

3 years ago

The corporate practice of acquiring or producing quality goods or services at a lower cost abroad thereby eliminating domestic p

nydimaria [60]

Answer:

a. outsourcing

Explanation:

Outsourcing can be regarded as a cost cutting measures in an organization, it involves the hiring of other party from another organization to perform some services or production in ones organization. The instances of outsourcing are Hiring human resource management as well as facilities management. Another one is hiring a

supply chain management,

It should be noted that The corporate practice of acquiring or producing quality goods or services at a lower cost abroad thereby eliminating domestic production is called outsourcing

5 0

3 years ago

BMW is planning to make a big push into markets around the world with its MINI brand. If BMW has valuable know-how that cannot b

Vaselesa [24]

Make more money and invest in the future of cars

3 0

3 years ago

The PC Works assembles custom computers from components supplied by various manufacturers. The company is very small and its ass

lukranit [14]

Answer and Explanation:

The classification is as follows;

1. Since the wages are to paid for supervising the assembling process so the same is related to the factory operations therefore considered to be the manufacturing overhead cost

2. The wages paid to the accountant so classified as the administration cost

3. The depreciation is the manufacturing overhead cost as it is the indirect cost.

4. The rent facility should be classified as the manufacturing overhead cost and distributed as per the cost drivers.

3 0

3 years ago