Monopolists sometimes practice price discrimination to O a. get rid of surplus product. O b, decrease output. O c. out of fairness to disadvantaged groups. O d. increase profit. O e. increase deadweight loss.
Q: A. The company will undergo Lump - sum liquidation . Other assets of the company was realized for 20...
A: Lumpsum Liquidation of the assets realised in the partnership firm
Q: Pampanga's best provided the following information: ...
A: Solution: Inventory to be reported on statement of financial position = Raw materials inventory + Fi...
Q: The following information has been gathered onthe costs and effectiveness of the two treatments, Aan...
A: Introduction:- A cost-effectiveness research looks at the costs of one or more medicines as well as ...
Q: Required information Problem 11-47 (LO 11-2) (Algo) [The following information applies to the questi...
A: S Corp are those corporations which get elected to pass the requirement of corporate income/ losses,...
Q: Henry Company is a marketer of branded foods to retail and foodservice channels. Exhibit 6.18 presen...
A: Introduction:- In an accounting statement, a company often makes several sorts of changes during the...
Q: An investor who is in a 33% tax bracket for normal (ordinary) income buys a stock for $5,000 and sel...
A: Financial Instrument: A financial instrument alludes to a resource that can be exchanged by financia...
Q: Inventory Costing Methods-Periodic Method The following information is for the Bloom Company for 201...
A: Periodic inventory method of inventory valuation is the one whereby the records are maintained at th...
Q: Alyeski Tours operates day tours of coastal glaciers in Alaska on its tour boat the Blue Glacier. Ma...
A: The forecast made for future revenues and expenses which is expected to be changed with change in fu...
Q: analyst expects a company 12,000 in liabilities. The analyst's projection of total owners' equity sh...
A: we know the basic accounting equation which states that Total asset is equal to Liability plus owner...
Q: A proposal to reduce oil spill on MX5 has a B-C ratio of 1.4. The conventional annual worth of benef...
A: Benefit to cost ratio = 1.4 Annual benefits (P) = P 560,000 Interest rate (r) = 6% Period (n) = 20
Q: The balance of work in process inventory account as of December 31, of the current year of Purewood ...
A: Cost of inventory = P480,000 Selling price = P450,000 Completion cost = P10,000 Cost to sell = P5,00...
Q: Discuss the following: a. Are these budget standards challenging for the department that produces li...
A: A Departmental Manager is the person who is responsible for keeping note of stocks available with th...
Q: A piece of equipment is acquired by an entity by issuing 10,000 shares of P10 par ordinary shares. ...
A: Cost of the equipment will be total market price of share issued
Q: After reading the paragraphs, list the journal entries you think Rite-Aid would have used to do what...
A: The case of Rite-Aid is one of window dressing of the financial statements. Window dressing means th...
Q: Company A had a machine with a carrying amount of P450,000. Company B had a delivery vehicle with a ...
A: Gain (loss) on exchange = Fair value of assets received + Cash received - Carrying value of the asse...
Q: 3. A proposal to reduce oil spill on MX5 has a B-C ratio of 1.4. The conventional annual worth of be...
A: B-C ratio = 1.4 Annual net benefits (B) = P560,000 Interest rate (i) = 6% Period (n) = 20 Years
Q: hlia Corporation had the following transactions during its first month of operations: Purchased raw ...
A: The direct costs are debited to work in process account and indirect costs are debited to manufactur...
Q: Which statement is NOT true of Asset-backed securities and Mortgage-backed securities in the Philipp...
A: Answer: Asset backed securities are generally backed by asset which has readily generated cash and m...
Q: Identify each of the following statements as elther true or false. a. It is good internal control fo...
A: the correct answer with proper explanation of above statement are as follows.
Q: The sales of Super Store for the month is P 80,756.00. Beginning inventory was P 24.435.00; and purc...
A: Formula: Cost of goods sold = Beginning Inventory + Purchases - Ending Inventory
Q: tement of Cash Flows (Indirect Method) eWolff Company's income statement and comparative balance she...
A: Calculation of Change in Cash Flow during the year Change in Cash flow = Ending Balance of Cash Flow...
Q: Use the following information for the Exercises below. (Algo) [The following information applies to ...
A: A variance is said to be Favorable when the budgeted revenues are less than actual revenues and budg...
Q: Amando took out a life insurance policy for P1,000,000.00 naming his
A: Answer: Any insurance proceeds that are received by heirs or the beneficiary in terms of death of in...
Q: Using the data given below, compute for the total amount of items that meet the definition of financ...
A: The question is related to financial liability. A financial liability is (a) contractual obligation ...
Q: Required: Compute the predetermined overhead rate for the year. Prepare a schedule of cost of goods ...
A: I am answering the first three sub-parts of the question as per bartleby guidelines. Please re-submi...
Q: RXN's year-end is on December 31. On November 1, 2019 when the U.S. dollar was worth CDNS1.365, RXN ...
A: Accounts receivable of $3,00,000 on Nov 2019 when spot rate was 1us$ = 1.365 CDN$.
Q: Which of the following is correct? A. The noncontrolling shareholders' claim on the subsidiary's ne...
A: The question is related to Consolidation.
Q: On July 1, 2020, Zelensky Company, a calendar-year company, purchased a machine for a cash price of ...
A: The depreciation expense is charged on fixed assets as reduced value of the fixed asset with usage a...
Q: On September 1, 2020, Sunland Company issued a note payable to Fidelity Bank in the amount of $26910...
A: Principal outstanding on December 31, 2021 = Total amount of Notes payable - Instalment payment mad...
Q: Mr. Nemcek has $200,000 in cash that he does not currently require for personal expenses. In his pro...
A: Investment- An investment is an asset or item acquired with the objective of generating revenue or a...
Q: YOU CAN DO IT Corporation has equipment with a carrying value of 450,000 on December 31, 2021. The f...
A: Solution: Impaired asset is an assets which is having market value less than the value listed on bal...
Q: SAAAhon Corporation manufactures custom cabinets for kitchens. It uses an actual costing system with...
A: Solution: Actual manufacturing overhead rate = Actual manufacturing overhead / Actual direct manufac...
Q: In 2020, Ted Baker had total assets of $510.31 million, of which $219.92 million were total noncurre...
A: Total assets = Non current assets - Current assets $510.31 million = $219.92 million - Current ...
Q: Inc. and Life Co. have an exchange with no commercial substance. The asset given up by Love Inc. has...
A: Solution: Asset received in exchange will be recorded at book value of asset given up plus any cash ...
Q: The master budget at Western Company last period called for sales of 226,000 units at $10.00 each. T...
A: The question is based on the concept of Cost Accounting.
Q: Hotdog Corp. had a checkbook balance on December 31, 2021 of P10,000,000 and held the following item...
A: The correct answer for the above mentioned question is given in the following steps for your referen...
Q: Lindon Company Is the exclusive distributor for an automotive product that sells for $28.00 per unlt...
A: Cost volume profit analysis is the technique used by the management for decision-making. The methods...
Q: ABC Company sells cars. In 2018, the entity sold 1,000 units before discovering a significant defect...
A: As per accounting standard Following is the criteria to create contingent liabilities.
Q: The following events took place for Collins Manufacturing Company during March, the first month of i...
A: Gross profit = Sales - Cost of goods sold Net Income = Gross profit - Total operating expenses Work ...
Q: 3 pts The Stoic Bird Company forecasts that total overhead for the current year will be $18,000,000 ...
A: when company uses standard costing method then it certain standard amount of overhead that should be...
Q: Exercise 7-3 Sales on store credit card LO C1 Z-Mart uses the perpetual Inventory system and has its...
A: Interest on sale on store credit card is income for the store hence credited to interest account
Q: that Excel will recognize the text as a "string of text" instead of another function. From the Excel...
A: Solution: Return on investment = Net operating income / Average operating assets Residual income = N...
Q: Fight Company is a wholesaler of office supplies. The FIFO periodic inventory is used. The entity re...
A: Under FIFO method the oldest products in inventory have been sold first.
Q: BolaBola uses different kinds of machines in its manufacturing process. The following information re...
A: There are two type of expenses which are being incurred by the business. One type of expenses needs ...
Q: Marigold, Inc. has 10500 shares of 4%, $100 par value, noncumulative preferred stock and 105000 shar...
A: A dividend is the transfer of a portion of a company's earnings to a certain group of shareholders, ...
Q: The supplies account had a beginning balance of $1,921. Supplies purchased during the period totaled...
A: Supplies used = Beginning supplies balance + Supplies purchased during the period - Ending supplies ...
Q: On Ist April 2003, a firm purchased a machinery for Rs. 2,00,000. On 1st October in the same account...
A: Comment- We’ll answer the first question since the exact one wasn’t specified. Please submit a new q...
Q: On July 1, 2019, Nuuty Inc., a calendar-year company, purchased a machine for a cash price of P800,0...
A: Depreciation: Depreciation means the reduction in the value of an asset over the life of the assets ...
Q: On January 1, 2020, Prospero Games Inc. granted stock options to managers and key employees under wh...
A: Employees stock option Plan Employees stock option plan which is considered to be the best option pl...
Q: A building was acquired on January 1, 2019 at an original cost of P16,000,000, with zero residual va...
A: Rate of depreciation under double-declining balance method = (1/Useful life) * 100 * 2 Rate of depre...
Trending now
This is a popular solution!
Step by step
Solved in 2 steps
- i.“Differential Costs” are considered as relevant, where as “sunk Cost ” is considered asirrelevant for decision making purposes. Explain ii. Why opportunity cost is measured and relate with the evaluation of alternative, can it bean opportunity loss? iii. Which one either spoiled goods or defective goods are less economical for the companyand why?Does your current/future company price discriminate? Explain how the practice works (direct or indirect) and estimate the profit consequences of price discrimination relative to charging a single, uniform price. If your current/future company doesn't price discriminate, are there opportunities to do so? How would you design the price discrimination?Which statement is FALSE about product-market fit? a. Even if you have product-market fit, you can lose it b. Product-market fit is not a discrete event c. Once you have product-market fit, you can ignore the competition
- What is false about cost plus mark-up pricing? a. attempts to apply or allocate fix costs to pricing strategy b. not intuitive c. good example of value-based pricing d. vulnerable to bad sales estimates e. All are correct f. All are incorrectWhat are two disadvantages of ROI? Explain how each can lead to decreased profitability.Which of the following statements are false? SELECT ALL THAT APPLY a. One of the dangers of allocating common fixed costs to a product line is that such allocations can make the line appear less profitable than it really is. b. A new fixed cost that must be paid if a special offer is accepted is not relevant in making the decision. c. A cost that will be incurred regardless of which course of action a manager takes is relevant to the manager's decision. d. Your Company is considering replacing Machine X. The original cost of Machine X is not relevant to this decision.
- The difference between the average customer’s willingness to pay and the total costs of a product is known as ______. When a company makes a profit, the difference between the price of the product and the cost of production is known as what? Value creation and value capture are key concepts for which parts of business? If a company innovates in a way that reduces its production costs without affecting any features of the product, would that create value? Suppose a price war was to erupt in the airline market, which causes prices for flights to decline, but affected nothing else about the industry. Would this change the value created by airlines? Suppose a price war was to erupt in the airline market, which causes prices for flights to decline, but affected nothing else about the industry. Would this change the value captured by airlines? Please solve all part and do not give solution in image format thankuWhat concept relates to the proportionate savings in costs gained when levels of production are increased: A) Accounting profit. B) Economies of scale. C) Marginal costs. D) Barriers to entry. E) Economic profit. The benefit lost when choosing one option precludes receiving the benefits from an alternative option was referred to as: A) Irrelevant costs. B) Lost costs. C) Alternative costs. D) Opportunity costs. E) Sunk costs.When deciding whether to sell as is or process a product further, managers should ignore which of the following? a. The costs of processing the product thus far b. The cost of processing further c. The revenue if the product is sold as is d. The revenue if the product is processed further
- Wrong allocation of common costs lead to A. Inaccurate estimation of cost of products or services B. Under utilization of capacity C. Lower profit margin D. All of the above are correctexplain how sunk costs create a barrier to entry into the market place.Which of the followings is NOT an advantage of financial institutions in consumption smoothing? A. They help to solve moral hazard and adverse selection issues. B. They help to share risks. C. They help to reduce transaction costs. D. They help to create more jobs.
