Answer:
false
Explanation:
A network effect happens when a product or services increases its value because people are using it, e.g. [email protected] or [email protected]
But that doesn't mean that the technically superior product is the most commonly used. For example, [email protected] is the most popular communication app but there are several technically superior apps that are not as popular, e.g. Telegram or Signal.
[email protected]'s policies and the way they sell user information is widely known and has been investigated by law enforcement agencies, but its billions of users do not seem to care and neither does its CEO since its mere volume of users provide a huge advantage over potential competitors.
Answer:
$ 13.167 / unit
Explanation:
Data provided:
Beginning material cost = $ 126,000
Number of units in work in progress = 12,000 units
Material cost assigned = $ 32,000
thus,
the total material cost involved = $ 126,000 + $ 32,000 = $ 158,000
Now,
the material cost per equivalent unit = Total material cost involved / number of units
on substituting the values, we have
the material cost per equivalent unit = $ 158,000 / 12,000
or
= $ 13.167 / unit
