Answer:
Small
Explanation:
Competition limits the market power, even when the market is not perfectly comparative.
Market power refers to a company's relative ability to manipulate the price of an item in the marketplace by manipulating the level of supply demand or both.
A company with substantial market power has the ability to manipulate the market price and thereby control its profit margin, and possibly the ability to increase obstacle to potential new entrants into the market.
the answer for your question is D:440
Answer:
Hence the Lumpo-sum Payment is $12834.38(Approx).
Explanation:
Present value of annuity due= (1+interest rate)*Annuity[1-(1+interest rate)^-time
period]/rate
= (1+0.03) x 2000 [1-(1+0.03)^ -7] / 0.03
![=1.03\times 2000[1-(1.03)^{-7} ]/0.03\\=2060 \times 6.23\\=$12834.38(Approx).](https://tex.z-dn.net/?f=%3D1.03%5Ctimes%202000%5B1-%281.03%29%5E%7B-7%7D%20%5D%2F0.03%5C%5C%3D2060%20%5Ctimes%206.23%5C%5C%3D%2412834.38%28Approx%29.)
Answer:
Explanation: TVC is the total variable cost curve. It slopes upward left to right, as inverse S-shaped. This slope of TVC curve shows that the total variable cost increases initially at a decreasing rate as the total output increases and subsequently it increases at an increasing rate with the increase in the output.
Explanation:
Answer:
Explanation:
Answer:
Total
Units Produced
42000
15000
Hours per unit
1
3
Total Hours
42000
45000
87000
So total hours required = 87000 hours
Now we will find overhead rate per hour
Total Overhead= $846.000
Overhead Rate per Hour
=$ 846000/87000
= $9.72 per Hrs.
overhead rate per hour =$ 9.72 per hour
_______________________________________
Car
Wheel
Total Hrs.
42000
45000
Hourly Rate
$9.72
$9.72
Allocated Overhead
$408414.00
$437586
_________________________________________________
Activity
No. of
Activity
Overhead Cost
Cost Per Activity
Setting up machines
1000
$215,000
$215.00
Assembling
87000
$347,000
$3.99
Inspection
1200
$284,000
$236.67
Activity
Car=A
Truck =B
Rate=C
Total $ Car=A*C
Total $ Truck=B*C
Setting up machines
200
800
$215.00
$43,000.00
$172,000.00
Assembling
42000
45000
$3.99
$167,517.24
$179,482.76
Inspection
100
1100
$236.67
$23,666.67
$260,333.33
$234,183.91
$611,816.09
