Answer:
monopolistic competition
Explanation:
Monopolistic competition refers to the characteristic of a sector in which several companies offer similar but not flawless replacements for products. Barriers to entry as well as an exit in such a competitive monopoly sector are minimal, and any company's judgments have no direct impact on those of its rivals. Monopolistic competition is strongly linked to the mark distinguishing corporate strategy.
The monopolistic rivalry is a middle way among monopoly with perfect competition, mixing individual elements. Both companies have the same, comparatively low level of market dominance in monopolistic competitiveness; they are all value-makers. The demand is strongly elastic throughout the long run, implying it is vulnerable to price movements
Answer:
Cost per equivalent unit: $60
Explanation:
Cost per equivalent unit = (Cost of Beginning Work in Progress Inventory + Total production cost during the period) / Equivalent Units of Production (EUP)
Total Production Cost = $90,000
Equivalent Units of production (EUP) = 1,300 + 400 x 50% = 1,500 units
Cost per equivalent unit: $90,000 / 1,500 units = $60
Answer:
Quantitative methods emphasize objective measurements and the statistical, mathematical, or numerical analysis of data collected through polls, questionnaires, and surveys, or by manipulating pre-existing statistical data using computational techniques.
Explanation:
Answer:
Part 1
<em>journal entry to record the investment in the bonds.</em>
Debit : Investment in Bonds $90,000
Credit : Cash $90,000
Part 2
<em>journal entry to record the first interest payment at the effective (market) rate.</em>
Debit : Investment in Bonds $7,200
Credit : Interest Income $7,200
Explanation:
The Summary of the Bond is :
FV = $100,000
PMT = ($100,000 x 6%) ÷ 2 = $3,000
I = 8 %
PV = - $90,000
P/YR = 2
N = ?
Using a Financial Calculator, the number of period payments to maturity N is 13.02.
Effective Interest = $90,000 x 8 % = $7,200
Answer:
The answer is $125
Explanation:
Using straight line depreciation method, the formula is:
(Cost of the asset - salvage or residual value) ÷ number of useful life.
Cost of the asset = $4,500
Salvage or residual value -$0
Useful life = 3 years.
So depreciation expense =
$4,500 ÷ 3
=$1,500.
Mind you this is the annual depreciation expense and the question says Monthly depreciation.
Monthly depreciation is:
$1,500 ÷ 12 months
=$125