Competition has an impact on prices of items being sold such that when competition is high, prices can get lower. This is because you want to keep up with other players and present your items as the affordable kind. when competitiion is low, prices are higher because your demand is high
Answer:
$142,524
Explanation:
The computation of the total cost assigned to the ending work in process
inventory is shown below:
As we know that
Total cost = Material + Labor
where,
Material = 21,400 units × 100% × $3.60 = $77,040
And,
Labor = 21,400 units × 60% × $5.10 = 65,484
So, the total cost is $142,524
We simply added material and the labor cost according to their completion percentage and its cost per equivalent units
If its true or false its true
Explanation:
The determination of the maturity date and the interest for each notes is as follows
Contract date Maturity Month Maturity Date Interest expenses
March 19 May 18 $280
May 11 August 9 $660
October 20 December 4 $105
For March 19, the interest expense calculation is
= $28000 × 6% × 60 days ÷ 360 days
= $280
For May 11, the interest expense calculation is
= $33,000 × 8% × 90 days ÷ 360 days
= $660
For October 20, the interest expense calculation is
= $21000 × 4% × 45 days ÷ 360 days
= $105
Answer:
Downward communication
Explanation:
It flows from higher level in organizations to the lower ones
