Woz enterprises specializes in electrical components. the market for one particular component is perfectly competitive and in long run equilibrium. the marginal cost is constant at 30. woz can develop a much cheaper process for producing this component, lowering its marginal cost to 10. the r& d cost of developing the new process would be f and woz would be able to obtain a patent for it and become a monopoly supplier of this component. demand for the product over the relevant period is given by pequals50minus2q. suppose the cost of the investment is fequals140 and that the government waits until woz works out the new process and then changes patent rules, requiring woz to charge a price no greater than $12. does woz stay in business?

Which of these is not a result of regular exercise

Two products, qi and vh, emerge from a joint process. product qi has been allocated $34,300 of the total joint costs of $55,000. a total of 2,900 units of product qi are produced from the joint process. product qi can be sold at the split-off point for $11 per unit, or it can be processed further for an additional total cost of $10,900 and then sold for $13 per unit. if product qi is processed further and sold, what would be the financial advantage (disadvantage) for the company compared with sale in its unprocessed form directly after the split-off point?

Mesa company produces wooden rocking chairs. the company has two production departments, cutting and assembly. the wood is cut and sanded in cutting and then transferred to assembly to be assembled and painted. from assembly, the chairs are transferred to finished goods inventory and then are sold.mesa has compiled the following information for the month of february: cutting department assemblydepartmentdirect materials $ 73,000 $ 13,000direct labor 73,000 108,000applied manufacturing overhead 159,000 171,000cost of goods completed and transferred out 233,000 255,000required: 1, 2, 3, & 4. prepare journal entries for the transactions in the cutting and assembly departments of mesa company. (if no entry is required for a transaction/event, select "no journal entry required" in the first account field.)