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2 years ago

the graph shows the curves facing a profit maximizing monopolistic competitor. label each curve with the appropriate term.

1 answer:

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A monopoly is a market situation in which a good or service is offered by only one company. The existence of a monopoly presupposes that there are no other exchangeable products on the market for buyers.

The conditions that can cause the creation of a monopoly are many: state legislation that prohibits other companies from operating in a market, the overwhelming superiority of a company over its competitors, the neutralization of rivals with appropriate strategies by the monopoly company, and special market characteristics that allow profitably running just one business, between others.

The monopoly company has the ability to influence the quantity or price of a good, as it wants, since it can and does control the market.

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The accounting principle that requires that the cost flow assumption be consistent with the physical movement of goods is:a. cal

grigory [225]

Answer: C nonexistent; that is, there is no such accounting requirement.

Explanation: there is no accounting

assumption that requires that the cost flow be consistent with the physical movement of goods.

Instead, the movement of money (real or virtual) is tracked using a cash flow statement; income and profit matches revenues to the timing of when products/services are delivered—a company’s net income can actually be materially different from its cash flow.

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3 years ago

Over the last few months, Juan and his colleagues have analyzed the current business situation and identified target markets for

Mashcka [7]

Answer:

D. a marketing strategy.

Explanation:

Marketing strategy: It is long term approach to develop or penetrate market. Every stage of product life cycle require different marketing strategy. There are different analysis been done to come out with one marketing strategy that will help the company to achieve their primary objective. Strategy for marketing mix, such as product, prices, distribution and promotion are one of the most important strategy to tap the market and gain competitive advantage.

In the given case, Juan and his colleagues have developed a marketing strategy to gain more market share in their target market and how they can gain competitive advantage.

3 0

2 years ago

White Company has two departments, Cutting and Finishing. The company uses a job-order costing system and computes a predetermin

const2013 [10]

Question not complete

Direct Labour Cost is missing

Direct Labor Cost ----- $50,000.00 $270,000.00

Answer:

Overhead Rate (Cutting Department) = $5.5 per machine hour = $5.5 per machine hour

Overhead Rate (Finishing Department) = $12.2 per labour hour

b. Total Manufacturing Cost = $644

c. Yes

Explanation:

a. Compute the predetermined overhead rate to be used in each department.

Given

Cutting Department

The Cutting Department bases its rate on machine-hours

Manufacturing Overhead Costs = $264,000

Machine Hours = 48,000

Finishing Department

The Finishing Department bases its rate on direct labor-hours.

Manufacturing Overhead Costs = $366,000

Direct Labour Cost = $270,000

Overhead Rate (Cutting Department) = Manufacturing Overhead Cost/Machine Hours

Overhead Rate (Cutting Department) = $264,000/48,000

Overhead Rate (Cutting Department) = $5.5 per machine hour

Overhead Rate (Finishing Department) = Manufacturing Overhead Cost/Machine Hours

Overhead Rate (Finishing Department) = $366,000/$270,000

Overhead Rate (Finishing Department) = 1.36

Overhead Rate (Finishing Department) = 136% direct labour cost

The Cutting Department bases its rate on machine-hours

Given

Machine hours = 80 machine hours

Overhead Rate = $5.5 per machine hours ------ Calculated

The Finishing Department bases its rate on direct labor-hours.

Given

Direct Labour Cost = 150

Overhead Rate = 136% labour cost ------ Calculated

Overhead Applied (Cutting Department) = 80 * 5.5

Overhead Applied = 440

Overhead Applied (Finishing Department) = 136% * 150

Overhead Applied = $204

Total Overhead Applied = $440 + $204

Total = $644

c. Yes

If they use a plantwide rate based on direct labor cost and if the jobs has longer machine hours and small amount of labor cost they will be charged less overhead cost.

6 0

2 years ago

Difference between per<br> behaviour and organisational behaviour

malfutka [58]

Answer:

Organiational behaviour looks at the individual behaviour, then moves to group behaviour, progressively to the organization behaviour, which you can also call the organization culture. It requires skills to understand how the organization and its members affect each other. Areas include frameworks for diagnosing and resolving problems in organizational settings. Human behaviour, call it individual behaviour is a sub-set of organization behaviour.

7 0

3 years ago

Angell Inc. hired you as a consultant to help them estimate their cost of capital. You have been provided with the following dat

DIA [1.3K]

Answer:

Option (D) is correct.

Explanation:

Given that,

Dividend, D0 =$1.20

Price, P0 = $50.00

Growth rate, g = 6% (constant)

Based on the DCF approach, then

Cost of Equity:

= [D0 × (1 + g) ÷ P0] + g

= [(1.20 × (1 + 0.06)) ÷ 50] + 0.06

= (1.272 ÷ 50) + 0.06

= 0.02544 + 0.06

= 0.08544 or 8.54%

Hence, the cost of equity from retained earnings is 8.54%.

3 0

3 years ago