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2 years ago

Ok, I actually need a lot of help- 30 points to whoever can

Business

1 answer:

Olin [163]2 years ago

4 0

Answer:

I would say that the answer is "recording information about a fraudulent business".

Explanation:

His job is to make sure that consumers are treated fairly.

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The problem of _________________ arises when an antique dealer knows more about the quality of an item than the potential buyer,

vlada-n [284]

Answer:

Option (D) is correct.

Explanation:

Imperfect information refers to a situation in which both the parties (i.e buyer and seller) have different information. For example; In a market of second hand car industry, the buyer have less information about the car as compared to the seller. In this type of industry, the seller have more information about the condition and quality of used car.

In our case, the seller of antique have more information about the product, so this will lead to give a disadvantage to a potential buyer of antique.

8 0

3 years ago

Read 2 more answers

Blackwelder factory produces two similar products-small lamps and desk lamps. the total plant overhead budget is $640,000 with 4

olasank [31]

Answer: b. $188,800 Blackwelder Company will allocates $188,800 to desk lamp production if the actual direct hours is 118,000.

We have the following:

Total Plant Overhead = $640,000

Total Estimated Direct labour hours = 400,000 hours

Actual labour hours for desk lamp = 118, 000 hours

$Overhead allocation rate = \frac{Total overhead}{Total estimated direct labor hours}$

$Overhead allocation rate = \frac{640,000}{400,000}$

$Overhead Allocation Rate = $1.6$

$Factory overhead allocated = Overhead allocation Rate * Actual labour hours [/tex] [tex] Factory overhead allocated = $188,800 (1.6 * 118,000)$

3 0

3 years ago

A company uses the retail method to estimate inventories. The following information is for the first six months of the current y

Tanya [424]

Answer:

The correct answer is $240,000.

Explanation:

According to the scenario, given data are as follows:

Beginning inventory at cost = $70,000

Beginning inventory at retail = $100,000

Net purchases at cost = $270,000

Net purchases at retail = $360,000

Total sales = $320,000

According to the LIFO method.

Particulars Cost Retail Cost/Retail Ratio

Beginning inventory $70,000 $100,000 70%

Net purchases $270,000 $360,000 75%

Total Inventory $340,000 $460,000

Total sales $320,000

Ending inventory ( Estimated )

($360,000-$320,000)× 75% $30,000

$70,000 × 70% $70,000

Ending inventory at cost $100,000

Estimated cost of goods sold $240,000.

Hence the correct answer is $240,000.

7 0

3 years ago

Mr. Small, store manager for Jay's Appliance, is having a difficult time placing a selling price on a refrigerator that cost $41

Dvinal [7]

The answer is $594.50, hope this helped you

7 0

3 years ago

focuses on such topics as materialism, consumption of dangerous products, and compulsive consumption.A.Corporate social respon

tatiyna

Answer:

Consumerism

Explanation:

The term consumerism is a social and economic order that encourages the gods and services in an ever-increasing amounts and is led by the mass production and the overproduction and supply of the goods that grow beyond the consumer's demands.

The ideas are associated with the topics of the materials and even compulsive consumption and also resulting in a socio-economic stratification.

4 0

3 years ago