Answer:
The correct answer is letter "C": An ethnocentric.
Explanation:
An ethnocentric company is the type of organization that promotes the culture of its own culture among employees and focuses on providing local workers with the best opportunities possible so they can be competitive. These firms have a nationalistic approach and have the main goal of contributing to their country's development.
Answer:
$18.29
Explanation:
Material Conversion
Units transferred to
the next department 7.400 7.400
Ending WIP
Materials 50% 1.900 950
Conversion Cost 35% 1.900 665
Equivalents Units Production 8.350 8.065
Cost of beginning work in process inventory $ 10.600 $ 12.800
Costs added during the period $ 142.100 $ 359.500
TOTAL COST $ 152.700 $ 372.300
Equivalents Units Production 8.350 8.065
Cost per equivalent unit $18,29 $46,16
Hehs donee estable menudo
Answer:
The correct answer is option C.
Explanation:
A perfectly competitive firm faces a horizontal line demand curve at the market-determined price. This demand curve also represents average revenue and marginal revenue.
The firm is able to maximize profits or minimize loss at the point where the marginal cost is equal to the price or marginal revenue and the price is such that the average fixed cost is being covered.
In the short run, some costs are fixed while others are variables, a firm is able to minimize losses if the price is greater than AFC. But in the long run, all costs are variable so price should be either higher than or equal to ATC to maximize profits and minimize losses.