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damienwoodlin6
05.10.2019 •
Business
Abc manufacturing inc. ends the month with two jobs still in progress. job 5 has $10,000 of materials, $2,000 of direct labor and $8,000 of manufacturing overhead allocated. job 6 was $30,000 of materials, $2,000 of direct labor and $10,000 of manufacturing overhead allocated. the cost of goods sold for the month was $40,000 and of that 30% was overhead. there were no finished goods in stock as the month ends. if the manufacturing overhead is underallocated by $10,000, which of the following choices would be the correct way to prorate it, assuming the proration is based on the allocated overhead in the ending balances of work-in-process, finished goods, and cost of goods sold? (round any allocation percentages to one decimal place, x.x%.)
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Ответ:
A market structure comprises a number of interrelated features or characteristics of a market.
These features include number of buyers and sellers in the market, level and type of competition, degree of differentiation in products, and entry and exit of organizations from the market.
Among all these features, competition is the main characteristic of a market. It acts as a guide for organizations to react and take decisions in a particular situation. Therefore, market structures can be classified on the basis of degree of competition in a market.