Answer:
The correct answer is option b.
Explanation:
A monopolist is the only firm in its market. It is the price maker and faces a downward-sloping demand curve. There is a restriction on the entry of new firms. So the monopolist can earn more than normal profit in both short-run as well as long run. The other firms can not join the market because of barriers to entry. So unlike a perfectly competitive firm, the monopolist will continue to earn super normal profits in the long run as well.
Global market segmentation has been defined as the process of identifying consumers with similar attributes who are likely to exhibit a similar buying behavior.
<h3><u>
Explanation:</u></h3>
The process involved in the identification of a particular segment of customers to sell the products refers to the Global Market Segmentation. Those customers of the groups that has the nature of similar behavior in buying of certain products will be grouped together under this process.
The people in the identified group will have the same purchasing behavior. Thus, when the customers of similar buying behaviors are grouped then the targeting process of the business will become easier. Fir example if you are manufacturing chocolates then it will be easier to target on;ly children and the adults.
Answer:
$25 per setup
Explanation:
With regards to the above, activity rate is computed as;
= Activity cost pool resources / Activity driver
Activity cost pool resources = $125,000
Activity driver = 5,000
Activity rate for machine setup = $125,000/5,000 = $25 per setup
Answer:
June 2019
Interest Expense $ 2,531.25 (debit)
Bank $ 2,531.25 (credit)
September 2019
Interest Expense $ 2,531.25 (debit)
Bank $ 2,531.25 (credit)
December 2019
Interest Expense $ 2,531.25 (debit)
Bank $ 2,531.25 (credit)
March 2020
Interest Expense $ 2,531.25 (debit)
Bank $ 2,531.25 (credit)
Explanation:
For each Month, Recognise an Expense - Interest and Also de-recognise the Asset - Cash as interest is being paid.
Interest Expense Calculation = 3/12×$225,000×4.5%
= $ 2,531.25
