Answer:
True
Explanation:
As long as the statement holds that ''each company's profit depends on whether Little Kona enters...'' and the response of the existing monopoly to charge a low price to keep its market share; then both little Kona and Big Brew have a dominant strategy in this game.
They both will become a duopoly which implies that there will be two players in the industry and the price of Big Brow will be greatly influenced by the presence of Little Kona. Big Brow could charge as high as $8 if Little Kona is absent but as low as $2 if Little Kona is enters the industry.
Obviously they both have a dominant strategy, considering further that the entrance of Little Kona changes the industry structure from monopoly to duopoly
Answer:
50%
Explanation:
To calculate themargin on price, you have to find the difference between the price of the good and the cost to produce it and the result is divided by the price of the product:
Margin=(2-1)/2
Margin=1/2
Margin=0.5 → 50%
According to this, your margin on price is 50%.
The margin on price for the bottled water in this scenario is $2, which is the marked up price subtracted from the cost to produce. The margin on price can be calculated by subtracting the cost to produce the bottled water from the selling price. In this case, the selling price is $2 more than the production cost of $1. So the margin on price is $2.
If you sell bottled water that costs $1 to produce and you mark each bottle up by $2, your margin on price is $2. This is because the margin on price is the difference between the selling price and the cost of the product. The margin on price can be calculated by subtracting the cost to produce the bottled water from the selling price. In this case, the selling price is $2 more than the production cost of $1. So the margin on price is $2. So if you're selling your bottled water for $3 ($1 cost + $2 markup), and it costs you $1 to produce, then your margin on price is $3 - $1 = $2.
#SPJ3
Answer: Incremental revenue =360
Given:
N=600 (number of defective units)
P1=$2 (price if not rebuilt)
P2=$5 (price after rebuilt
X=.60+1.0+.80=2.4 (incremental costs)
R1=600(2)=1200
R2=600(5)-600(2.4)
R2=3000-1440
R2=1560
Incremental revenue is computed as:
R2-R1
1560-1200
360
Answer:
1. Cost of goods manufactured =437,000.00
2. cost per hockey stick= $230
Explanation:
Total product cost: The sum of direct material cost, direct labour cost and overhead.
Direct material cost is the costs of all specific materials required to product a product. For example, cost of the flour, sugar used to produce cakes. Where there exist inventory of materials at the beginning and end of a period, the cost of material used is calculated as follows:
Cost of material used is calculated as = Opening stock + Purchases - closing stock
Direct labour cost : the cost of the man hours used directly for the purpose of production. The cost of hours paid to the tailors for making garments in a clothing factory . It is arrived as the active hours used for production × wage rate per hour.
Overhead : Sum of the indirect costs. These include expenditutures on materials , labour and expenses incurred not specifically for a particular product. Example are cost of toiletries used in a bakery, salaries of the security guard , rent of the bakery, e.t.c.
Opening working in progress represents accumulated production cost incurred on goods for which production commenced in a prior period but was not concluded. These items will need to be continued in the following period, hence further production costs would be incurred.
Closing working in progress this represents the cost production work for which work is yet to be completed as the end of the current period.
Working in Progress is adjusted on the production cost in the current period as follows to determine the production cost of the completed units as thus:
Cost of the goods manufactured =
opening WIP + production cost incurred in the period - closing W.I.P.
So we are not set to apply these explanation
Direct materials (132000+48,000-45,000) 135,000.00
Direct labour 113,000.00
Manufacturing Overhead 187,000.00
Add opening W.I.P 65,000.00
less closing W.I.P (63,000.00)
Cost of goods manufactured 437,000.00
Cost of one hockey stick = cost of good manufactured / Hocky sticks produced
=$ 437,000/1900 sticks
Cost per hockey stick= $230
The cost of goods manufactured for Slapshot Company in June is $429,000. The cost of one hockey stick, given that 1,900 hockey sticks were produced in June, is approximately $225.79.
To determine the cost of goods manufactured, we need to add purchases, direct labor costs, and manufacturing overheads then subtract the change in materials inventory. Here, the purchases are $132,000, direct labor cost of $113,000, and manufacturing overhead is $187,000. The materials inventory decreased by $3,000 ($48,000 - $45,000). So, the total cost of goods manufactured is $429,000 ($132,000+$113,000+$187,000-$3,000).
To find the cost of one hockey stick, we just need to divide the cost of goods manufactured by the number of items produced. Therefore, if 1,900 hockey sticks were completed during June, each hockey stick costs $225.79 ($429,000 / 1,900).
#SPJ6
Answer:
The measures is to get the Government in developing and shaping of contents of the e-learning software.
Explanation:
By getting the Government agent(s) or authority in the development and shaping of contents of the software, you are not only creating harmony with the local government but also ensuring that the agent helps scrutinizing the content of the software and also ensuring that the software does not contain any content that is objectionable to the government and this measure will definitely help Gerlach Publishing acquire a trade license.
To acquire a trade license in Volonia, Gerlach Publishing should adhere to local regulations, ensure their content respects societal norms, engage local legal consultants, and maintain open communication with authorities.
In light of the Volonian government's previous cancellation of trade licenses in the e-learning market due to censorship issues, the approach Gerlach Publishing should take needs to focus on compliance and transparency. This includes strict adherence to local regulation laws and ensuring non-violation of any censorship rules.
Depicting strong commitment towards promoting free and respectful dialogue in their e-learning materials could be beneficial. This can be achieved by implementing robust internal review processes to ensure all content is suitable and respects the norms and values of Volonian society.
Engaging local legal consultants to understand the nuances of Volonian law can also aid in the process. Lastly, establishing and maintaining open communication with the authorities demonstrating their dedication to lawful practices could be advantageous.
#SPJ11
children between the ages of 6-10
teenagers
college students
What was the cash flow to stockholders for the year?
Answer:
$169,000 negative
Explanation:
Equity = Common stock + Additional paid in surplus
Total equity at beginning= Common stock + Additional paid in surplus
=136,000+2,610,000=$2,746,000
Total equity at end= Common stock + Additional paid in surplus
=146,000+2,910,00)=$3,056,000
Hence new equity = Total equity at End - Total equity at beginning
3,056,000-2,746,000=$310,000
Cash flow to stockholders = Dividends paid - New equity
= 141,000-310,000
= -169,000
=$169,000 negative