3 years ago

Monopolist can produce at a constant average (and marginal) cost of

Business

1 answer:

ankoles [38]3 years ago

8 0

A monopolist can produce at a constant average (and marginal<span>) </span>cost of<span> AC = MC = $5</span>

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On May 7, Keenan Company purchased on account 620 units of raw materials at $21 per unit. During May, raw materials were requisi

a_sh-v [17]

Answer:

Dr Material Inventory $13,020

Cr Trade Payables $13,020

Dr Work In Progress $9,742

Cr Material Inventory $9,742

Explanation:

On 7th May the double entry would be to record the inventory purchases on credit which would increase the inventory by $13,020 (620*21) as under:

Dr Material Inventory $13,020

Cr Trade Payables $13,020

The material sent to production or manufacturing team would be recorded as increase in the work in progress by the value of the material issued which is $9,742 (211*$19 + 273*$21).

Dr Work In Progress $9,742

Cr Material Inventory $9,742

8 0

3 years ago

After the accounts are adjusted and closed at the end of the fiscal year, Accounts Receivable has a balance of $703,938 and Allo

JulijaS [17]

The net realizable value of accounts receivable is $684,204

Explanation:

To calculate subtract the doubtful-accounts allowance from the total accounts receivable. The result will be the net realizable value of accounts receivable.

accounts receivable = $703,938

doubtful-accounts = $19,734.

the net realizable value of accounts receivable =

accounts receivable ± doubtful-accounts

Therefore, the net realizable value of accounts receivable is $684,204

7 0

3 years ago

Wanda takes $3,000 from her savings account that pays 5 percent interest per year and uses the funds to purchase a computer for

Salsk061 [2.6K]

Answer:

$1,150

Explanation:

Implicit rental rate refers to the cost that a company incurred by spending money as opposed to what that money could earn if it were invested in something else. Therefore since in a year the computer was worth $1000 less and Wanda also lost out on the 5% that the savings account would have generated which would be $150. Then her total cost is that of $1,150

7 0

3 years ago

Lego is considering an investment in Disney corporation. The risk free rate is 5% and the Beta for Disney is 1.2. Lego requires

disa [49]

Answer:

17%

Explanation:

This can be calculated using the Capital Asset Pricing Model which is given as under:

Required Return = Rf + Beta factor * (Market Risk Premium)

By putting the values, we have:

Required Return = 5% + 1.2 * 10% = 17%

Disney need to earn 17% return on investment to trigger a Lego investment.

5 0

3 years ago

Read 2 more answers

Which statement BEST reflects an accurate and negative consequence of government regulatory practice on the economy?

zhenek [66]

Answer: it’s D

Explanation:

6 0

3 years ago

Read 2 more answers

Monopolist can produce at a constant average​ (and marginal) cost of

Monopolist can produce at a constant average (and marginal) cost of