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A monopoly occurs when one company has total control in the production and distribution of a product or service.
Inventory cost
profit centre is responsible for a) cost incurred b) total investment c) revenues earned and cost incurred
total control.If someone creates a monopoly of market for a particular product, they have nearly all control over the sales and distribution of that product. This is bad for consumers, as it generally means high prices without the ability to shop around for a cheaper product or service.
Marginal cost is total cost/quantity Marginal benefit is total benefit/quantity
distribution channel control
Total cost/ full cost which include Prime Cost *Direct Labour cost *Direct Material Cost *Direct expenses Production Overhead *Variable Overhead *Fixed Overhead Selling and Distribution cost Administration Cost
A monopoly occurs when one company has total control in the production and distribution of a product or service.
Inventory cost
No. Distribution is a separate company function.
Advancements in production and distribution methods came to focus on cost-containment, inventory control and asset management.
The total area of any probability distribution is 1
Overhead cost
What is weight distribution?
cost sheet is division of three parts like 1.factory overheads,2.administration overheads,3.selling & distribution overhead. on the basis of this total exact cost is caculated,as it is too important for and cost & work accountant.
To calculate population distribution, one must know the total of the population, as well as, the total area of the land in which the population is in. Then, the total population is divided by the total area. The population distribution is answered in square kilometers and square miles.
profit centre is responsible for a) cost incurred b) total investment c) revenues earned and cost incurred