1. Determine whether the activity is either:

In the field of strategy, an industry's boundaries are determined based on: I. employees switching between companies II. technol

katen-ka-za [31]

Answer:

I. employees switching between companies

IV. interdependent consumer markets

Explanation:

Industry boundaries helps a business determine the areas in which they are competing, it also helps to identify competitors so a business can design a competitive strategy.

The industry boundary is determined as employees switch between companies. The companies talent moves to is more competitive.

Also industry boundary is determined by how interdependent the consumer market is.

8 0

3 years ago

Assume the perpetual inventory system is used. 1) Green Company purchased merchandise inventory that cost $16,100 under terms of

saw5 [17]

Answer:

$7,473

Explanation:

Calculation to determine the amount of gross margin that results from these transactions

First step is to calculate COGS

COGS=$16,100-($16,100 * 0.03)+$610

COGS=$16,100-$483+$610

COGS=$16,227

Now let calculate the Gross margin

Using this formula

Gross margin = Sales revenue - COGS

Let plug in the formula

Gross margin=$23,700 - $16,227

Gross margin =$7,473

Therefore the amount of gross margin that results from these transactions is $7,473

6 0

3 years ago

In the five forces model, the __________ that companies compete against one another for customers, the _________ the level of pr

slava [35]

<span>In the five forces model, the more that companies compete against one another for customers, the lower the level of profits is likely to be for that industry.</span>

3 0

4 years ago

Precision Company estimates its machine-hour requirements for the four quarters to be 35,000 hours, 20,000 hours, 15,000 hours,

Verdich [7]

Answer:

Instructions are listed below.

Explanation:

Giving the following information:

Precision Company estimates its machine-hour requirements for the four quarters to be 35,000 hours, 20,000 hours, 15,000 hours, and 30,000 hours respectively. The variable manufacturing overhead rate is $4 per machine-hour. The fixed manufacturing overhead is $50,000 per quarter, which includes $20,000 of depreciation expense.

1) Total hours= 100,000 hours

Allocated MOH= Estimated manufacturing overhead rate* Actual amount of allocation base

Allocated MOH= 100,000*4= $400,000

2) Estimated manufacturing overhead rate= total estimated overhead costs for the period/ total amount of allocation base

Total fixed overhead= 50,000*4= 200,000

Estimated manufacturing overhead rate= 200,000/ 100,000= $2 per hour

7 0

4 years ago

Using the following information: The bank statement balance is $3,480. The cash account balance is $3,535. Outstanding checks am

Assoli18 [71]

Answer:

Preparation of bank reconciliation is shown Below:-

Explanation:

Miller co.

Bank Reconciliation

Aug-31

Cash Balance according to bank statement $3,480

Add: Deposits in transit not recorded by bank $729

Balance $4209

Less: Outstanding checks $796

Adjusted balance $3,413

Cash Balance according to company's records $3,535

Less: Bank service charge $113

Error in recording $9 $122

Adjusted balance $3,413

5 0

3 years ago