Answer:
$4.00
Explanation:
Data provided:
Direct material costs in beginning Work-in-Process Inventory = $500
worth of materials is added during the month = $1,500
Equivalent units for direct materials = 500 units
Now,
the total cost incurred
= Direct material costs in beginning Work-in-Process Inventory + worth of materials is added during the month
= $500 + $1,500
= $2,000
Now,
The Cost per equivalent unit for direct materials
= 
The Cost per equivalent unit for direct materials = 
or
The Cost per equivalent unit for direct materials = $4.00
Answer:
A business is any organization where people work together.
Explanation:
- Business is any organization which strives to earn profit through the focusing on a common goal. Business is located such that it is near to the resources needed for its success.
- The business strategy and type of business determine the goals of the business.
- Irrespective of the devised strategy the business must aim to produce a product, service to empower the society.
- The three characteristics to conduct a business include:business must be the product of individuals working in organized way, must help the society, must make some profit.
It can be any of them but i think simple deposit multiplier = 1/1RR
Answer:
A rights offering
Explanation:
Current shareholders can participate in a rights offering, by which they can purchase additional shares of the corporation. During a rights offering, current shareholders are given the first option to buy newly issued shares before those shares are offered to the general public.
Answer: 20 units.
Explanation:
Given that,
Inverse demand curve: P = 420 - 2Q
There are five firms and each of the firm has a constant marginal cost.
Marginal cost (MC) = 20
Profit maximizing output is produced by the firms is at a point where the marginal cost is equal to marginal revenue.
P = 420 - 2Q
Total revenue(TR) = PQ
= 420Q - 2
Differentiating TR with respect to 'Q'
Marginal revenue(MR) = 420 - 4Q
MR = MC
420 - 4Q = 20
Q = 
Q = 100
Therefore, output produced by the industry is 100 units.
Per-firm production = 
= 
= 20 units
Hence, each firm produces 20 units.
