Answer:
The sum of the debits will exceed the sum of the credits by $340. (None of the options given).
Explanation:
The right posting on the payment of $210 for the purchase office supplies would be;
Debit office supplies account $210
Credit Cash account $210
However since the debit to office supplies was $550 which is 340 (i.e $550 - $210) more than what the amount to have been posted is, it means that the sum of the debits will exceed the sum of the credits by $340.
Answer:
fees paid at the end of a real estate transaction.
The correct answer for the question that is being presented above is this one: "Monopolistic competition." A market structure with a large number of sellers who make differentiated products is called monopolistic competition. Monopolistic Competition refers to a type of imperfect competition<span> such that many producers sell products that are differentiated from one another.</span>
Answer:
Option (A) is correct.
Explanation:
Contribution Margin:
= Total sales of the product - variable expenses
= $400,000 - $270,000
= $130,000
Avoidable fixed cost = Total fixed cost - Unavoidable fixed cost
= $160,000 - $ 70,000
= $90,000
Net Margin :
= Contribution Margin - Avoidable fixed expense
= $130,000 - $90,000
= $40,000
Hence, if product A is dropped, the company's overall net operating income would decrease by $40,000 per year.
Consumer advocates, government agencies, and other critics have accused marketing of harming consumers through planned obsolescence.
Planned obsolescence is a business strategy in which a product's obsolescence—the process of becoming out-of-date or unusable—is anticipated and built into it from the manufacturer's perspective.
Although the phrase "planned obsolescence" didn't become widely used until the 1950s, consumerist society had already adopted the tactic by then. Planned obsolescence still persists today in many different ways, from subtle to overt.
Planned Obsolescence & End of Life: Bad for the Environment and Your Budget One of those overused corporate strategy terms is "planned obsolescence." It essentially shows how things can be created to be ineffective, outmoded, or obsolete. The buyer will nearly always purchase something new as a result.
Learn more about planned obsolescence here
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