Coke and pepsi play a simultaneous game depicted in the following payoff matrix pepsi lower advertise 1200| 800 lower price! 1000 1200 coke 1200 1600 advertise 1200 1000 a) does pepsi have a dominant strategy? explain your reasoning. b) does coke have a dominant strategy? explain your reasoning. c) solve for the nash equilibrium of the game (mixed strategy equilibrium)

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.)