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cricket20 [7]
2 years ago
7

Dave says that most brands of eyeglasses are owned by the same company. This illustrates which type of competition?

Business
1 answer:
balandron [24]2 years ago
8 0

Answer:

The correct approach will be "monopoly ".

Explanation:

  • Monopolistic competition seems to be a real economy discipline that organizes monopoly components as well as market mechanisms. In essence, a competitive monopoly market would be one with individual liberty of entering and exiting, but companies can promote their business.
  • Even though they have artificially cheap curvature of capital investment as well as and then they can fix prices.
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Records at Hal’s Accounting Services show the following costs for year 1. Direct materials and supplies $ 40,000 Employee costs
ruslelena [56]

Answer:

See answers below

Explanation:

a. Direct materials & supplies  $40,000 = $40,000 × 110%

= $44,000 × 20,000/25,000

= $35,200

Employee costs = $2,900,000 × 105%

= $3,045,000 × 20,000/25,000

= $2,346,000

Variable overhead = $600,000 × 100%

= $600,000 × 20,000/25000

= $480,000

Fixed overhead = $700,000 × 105%

= $735,000

b. Total costs per unit year 2 =

$3,596,000 / 20,000

= $179.81

6 0
2 years ago
One of the benefits of mindfulness is that it enables you to
Goshia [24]
Benefits of having a mindfulness life is that you will think before making decisions.
3 0
2 years ago
At the beginning of the current period, Oriole Company had balances in Accounts Receivable of $191,500 and in Allowance for Doub
Dmitriy789 [7]

Answer:

The Journal entries are as follows:

(a) (i) Accounts receivable A/c    Dr. $782,000

To sales revenue                                           $782,000

(To record sales)

(ii) Cash A/c   Dr. $697,920

To Accounts receivable       $697,920

(To record receipt)

(b) Allowance for doubtful accounts    Dr. $6,591

To Accounts receivable                                           $6,591

(To record the write-off of uncollectible accounts)

(c) (i) Accounts receivable A/c    Dr. $2,948

To Allowance for doubtful accounts               $2,948

(To reinstate account previously written off)

(ii) Cash A/c         Dr. $2,948

To Accounts receivable        $2,948

(To record receipt)

(c) Bad debt expense [$23,400 - $6,197] A/c    Dr.  $17,203

To Allowance for doubtful accounts                                    $17,203

(To record bad debt expense for the period)

Ending balance in accounts receivables:

= Opening balance + sales on account during the period - Collection during the period - write off during the period

= $191,500 + $782,000 - $697,920 - $6,591

= $268,989

Allowance for doubtful accounts unadjusted balance:

= $9,840 + $2,948 - $6,591

= $6,197

Ending balance in Allowance for Doubtful Accounts = $23,400

7 0
2 years ago
When pay is made public, people evaluate how equitable their pay is in light of the pay other people are receiving. The problem
elena-14-01-66 [18.8K]

Answer:

A. Come to more practices

C. Try to convince the coach to give them more money

D. Quit the team

Explanation:

A pretty cool thing Dwight and Guillermo would want to do first is to stay calm and approach their coal for a raise since they commit equal time to the task as others. This is one of the best way to negotiate for a due raise.

Dwight and Guillermo might also feel cheated and be angry about their low pay which may eventually force them to want to quit the team. Often times, this is situation of knowing your worth and duly sticking to the perks of it.

They might also approach this problem by coming to more practices to impress their coach. This can further augment their visibility in the team, an action which they might duly be rewarded for.

4 0
2 years ago
Hendricks Ceramics sells items it buys from ceramic factories. If it were to purchase one of these factories, it would be engagi
almond37 [142]

Answer:

Backward vertical integration

Explanation:

In the backward vertical integration, the company acquires the company or step in the manufacturing of the supplier product or acquiring companies that bring it more nearer to the orignal supplier. The company remains within the same industry and moves towards supplier. In this case the company has acquired its supplier factories which shows moving investment in the backward direction which leads to suppliers and vertical means in the same industry. So the company is engaged in backward vertical integration.

8 0
2 years ago
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