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Minchanka [31]
2 years ago
9

What happens when supply exceeds demand?

Business
1 answer:
olya-2409 [2.1K]2 years ago
3 0
A. The prices will decrease
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Pigot Corporation uses job costing and has two production departments, M and A. Budgeted manufacturing costs for the year are as
tensa zangetsu [6.8K]

Answer:

Department M

Manufacturing overhead rate = $600,000/200,000 hrs = $3/hr

Department A

Manufacturing overhead rate = $400,000/800,000 hrs = $0.5/hr

Manufacturing overhead cost allocated:

Department M = $3 x 8,000      = $24,000

Department A  = $0.5 x 12,000 = $6,000

Total manufacturing cost allocated = $30,000

Explanation:

This relates to overhead absorption. The manufacturing overhead rate is calculated as budgeted manufacturing overhead divided by budgeted direct labour hour.

Manufacturing overhead allocated = manufacturing overhead rate x actual labour hour for each department for the job.

6 0
3 years ago
When a union in the U.S. is able to sell its labor to for-profit businesses, those business are likely to ________.
amm1812

If a union is able to sell its labor to a for-profit business, then the business is likely to D. pay wages above the market equilibrium for wages.

<h3>What do unions do?</h3>

Unions negotiate a higher rate of pay for their member thanks to their power to initiate industrial actions.

this means that when they are able to get a company to hire their members, that company would likely pay above the equilibrium wage in the market.

Options for this question at:

A. pay wages exactly where the demand and supply labor curves intersect

B. pay wages below the market equilibrium for wages

C. pay wages matching the preferred equilibrium wage chosen by these businesses

D. pay wages above the market equilibrium for wages

Find out more on the role of unions at brainly.com/question/881501.

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6 0
2 years ago
What is most often the basis for racist behavior in the United States? A. ignorance about other races B. superiority of certain
Burka [1]

B. Superiority of certain races. Which often results in discrimination and prejudice towards people based on their race or ethnicity

7 0
3 years ago
Read 2 more answers
Mune Company recorded journal entries for the payment of $50,000 of dividends, the $32,000 increase in accounts receivable for s
nalin [4]

Answer:

Decrease of $18,000

Explanation:

As there is a payment of dividend so it would reduce the stockholder equity by $50,000

And, there is an increase in account receivable for rendering the service that means the service revenue would increased so the stockholder equity would increased by $32,000

Now the net effect would be

= -$50,000 + $32,000

= -$18,000

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3 years ago
Beans Coffee &amp; Cocoa Company makes and sells a chocolate-flavored coffee drink under the name "CoCoCafe." Darkroast Java, In
Nitella [24]

Answer:

Option C          

Explanation:

Trademark infringement refers to the violation of the exclusive privileges assigned to a trademark without including the permission of the trademark owner and any licensee Violation that arise when one person, the "infringer," uses a trademark that is equivalent or ambiguously related to a trademark used by some other group in connection to goods or services that are equivalent or identical to the goods or services.

Where the corresponding marks and products are wholly different, violation of the trademark could still be identified if the recorded label is well recognized under the Paris Agreement. In the U.s a cause of litigation is termed trademark dilution with the use of a label for such significantly different facilities.

3 0
3 years ago
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