We would most likely expect to see cab drivers reduce their prices.
<h3>Why would cab drivers reduce their prices?</h3>
When Uber and Lyft join the ride-share market, there would be an increase in the supply of cab drivers. As a result, the supply curve for cab drivers would shift to the bright. This would increase equilibrium quantity and reduce equilibrium price.
Please find attached a curve that depicts an increase in supply. To learn more about supply, please check: brainly.com/question/14727864
Answer:
Over/under allocation= $30,000 overapplied
Explanation:
Giving the following information:
Manufacturing overhead applied $150,000
The actual amount of manufacturing overhead costs 120,000
To calculate the ending balance, we need to determine whether the overhead was under or over applied:
Over/under allocation= real MOH - allocated MOH
Over/under allocation= 120,000 - 150,000= 30,000 overapplied
Answer:
They have to test it before it can be put out on the market
The choice of a compensation system is very important to managers because it affects efficiency and productivity employees. Thus the option 3rd is correct.
<h3>What is compensation?</h3>
Compensation refers to the monetary reward given to the employees for their performances in the company. In the workplace, employees earns the compensation.
It includes salary or wages in addition to commission and any incentives or perks that comes as the reward to the employees. It is basically the incentives provided to them in order to motivate them.
The compensation increases the productivity and efficiency of the employees as it boost the confidence and makes the them feels that they had accomplished something in the organization.
Learn more about efficiency here:
brainly.com/question/13828557
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Answer:
Dr Cash $13,500
Cr Preferred stock $5,000
Cr Common stock $3,000
Cr Paid in capital in excess of par-preferred stock $3,100
Cr Paid in capital in excess of par-common stock $2,400
Explanation:
The market price can be used to apportion the amount attributable to each type of share as shown below
Market value cost
Preferred share$90*100 $9000 $8,100 *
Common stock$20*300 $6000 $5,400 **
Total $15,000 $13,500
*$9000/$15000*$13500
**$6000/$15000*$13,500
The par value of preferred stock is $50*100=$5000
The par value of common stock is $10*300=$3000
Paid in capital in excess of par-preferred stock $3100($8100-$5000)
Paid in capital in excess of par-common stock $2,400($5400-$3000)