Which of the following categories is particularly affected by low barriers to entry?

A patent is an exclusive right to reproduce and sell a book, musical composition, film, other work of art, or intellectual property

Indicate whether the statement is true or false

The production cost report for Department 2 shows that $454,000 was assigned to the 50,000 units transferred to Finished Goods Inventory. Cost of goods manufactured equals $454,000

Indicate whether the statement is true or false