All categories

2 years ago

Can someone Plss help with this I’m not sure if that the right answer

Business

1 answer:

Step2247 [10]2 years ago

5 0

Based on the fact that you gave up the beach to study for the economics final, the opportunity cost is d. the sun and fun you gave up by studying.

<h3>What is the opportunity cost of studying?</h3>

The opportunity cost is what we give up in order to pursue our current course of action.

You gave up going to the beach and having fun in the sun so this is the opportunity cost of studying for economics.

Find out more on opportunity cost at brainly.com/question/481029.

#SPJ1

You might be interested in

Santana Rey, owner of Business Solutions, decides to diversify her business by also manufacturing computer workstation furniture

Colt1911 [192]

Answer:

Instructions are below.

Explanation:

Giving the following information:

Direct materials: $2,900 VARAIBLE

Factory overhead: $530 MIXED (ussually)

Direct labor: $900 VARIABLE

Beginning work in process: none (December 31, 2017)

Ending work in process: $520 (January 31, 2018)

Beginning finished goods inventory: none (December 31, 2017)

Ending finished goods inventory: $350 (January 31, 2018)

<u>To calculate the cost of goods manufactured, we need to use the following formula:</u>

cost of goods manufactured= beginning WIP + direct materials + direct labor + allocated manufacturing overhead - Ending WIP

cost of goods manufactured= 0 + 2,900 + 900 + 530 - 520

cost of goods manufactured= $3,810

<u>Now, we can determine the cost of goods sold:</u>

COGS= beginning finished inventory + cost of goods manufactured - ending finished inventory

beginning finished inventory= 0

cost of goods manufactured= 3,810

ending finished inventory= (350)

Cost of goods manufactured= $3,460

7 0

3 years ago

JBC Corp. declared a dividend of $2 per share, which was an increase of 25% from the prior year, yet JBC Corp. stock declined by

vekshin1

Answer:

Expectations theory

Explanation:

From the fundamental analyst perspective; Expectation theory presumably focuses on predicting what short-term interest rates will eventually results to over the course of time in the future based on current long-term interest rates.

Expectation theory describes that an investor who buys instruments accumulate the equal amount of interest by investing into two consecutive one-year bond investments versus investing in one two-year bond today.

3 0

3 years ago

If the Synyster Corp. has an ROE of 21 percent and a payout ratio of 20 percent, what is its sustainable growth rate?

Lynna [10]

Answer:

20.19%

Explanation:

The computation of the sustainable growth rate is shown below:

The Sustainable growth rate is

= (return on equity × b) ÷ (1 - (Return on equity × b))

= (0.21 × (1 - 0.20) ÷ (1 - (0.21 × (1 - 0.20)))

= 0.168 ÷ (1 - 0.168)

= 0.168 ÷ 0.832

= 20.19%

basically we applied the above formula to determine the sustainable growth rate

6 0

3 years ago

On January 1, 2018, Pine Company owns 40 percent (124,000 shares) of Seacrest, Inc., which it purchased several years ago for $7

elixir [45]

Answer:

A. Equity income $278,756

B. Other Comprehensive Loss ($136,400)

C. Gain on sale $37,177

Explanation:

Calculation to determine what income effects would be reported from its ownership in Seacrest

A. Calculation to determine the Equity Income In Seacrest, Inc.

EQUITY INCOME In Seacrest, Inc.

Investee income accrual—operations $310,200

$846,000 × 40% × 7/12 year $197,400

$846,000 × 32% × 5/12 year $112,800

Amortization ($34,100)

($21,700+$12,400)

$37,200 × 7/12 year $21,700

After 20 percent of stock is sold $12,400

[ (24,800 ÷ 124,000 shares): $37,200 × 80% × 5/12 year]

Recognition of unrealized gross profit

Remaining inventory—12/31/17

$16,600

Gross profit percentage on original 40%

sale($($54,000-$32,400) ÷ $54,000)

Gross profit remaining in inventory $6,640

($16,600*40%)

Ownership percentage 40%

Intra-entity gross profit recognized in 2018 $2,656

(40%*$6,640)

Equity income in Seacrest, Inc $278,756

($310,200-$34,100+$2,656)

B. Calculation to determine Other comprehensive loss—Seacrest, Inc.

OTHER COMPREHENSIVE LOSS—Seacrest, Inc.

1/1/18 to 8/1/18 ($372,000 × 40% × 7/12 year) $86,800

8/1/18 to 12/31/18 ($372,000 × 32% × 5/12 year) $49,600

Other Comprehensive Loss—Seacrest, Inc ($136,400)

($86,800+$49,600)

C. Calculation to determine Gain on Sale of Investment in Seacrest, Inc.

GAIN ON SALE OF INVESTMENT in Seacrest, Inc.

Book value—investment in Seacrest, Inc.—1/1/18

$905,200

Investee income accrual—1/1/18 – 8/1/18 $197,400

Investee other comprehensive loss 1/1/18 – 8/1/18 ($86,800)

Amortization—1/1/18 – 8/1/18 ($21,700)

Recognition of deferred profit $2,656

Investment in Seacrest book value 8/1/18 $996,756

(905,200+197,400-$86,800-$21,700+$2,656)

Percentage of investment sold 20%

(24,800 ÷ 124,000 shares)

Book value of shares being sold $199,351

(20%*996,756)

Proceeds from sale of shares $236,528

Gain on sale of 24,800 shares of Seacrest $37,177

($236,528-$199,351)

Therefore On Pine's financial statements for the year ended December 31, 2018 the income effects that would be reported from its ownership in Seacrest are:

A. Equity income $278,756

B. Other Comprehensive Loss ($136,400)

C. Gain on sale $37,177

8 0

3 years ago

The direct labor standards for a particular product are 4 hours of direct labor at $12.00 per direct labor-hour = $48.00. During

Nikolay [14]

Answer:

Instructions are below.

Explanation:

Giving the following information:

The direct labor standards for a particular product are 4 hours of direct labor at $12.00 per direct labor-hour

Actual:

3,350 units of this product were made

The labor cost incurred was $159,786 and 13,450 direct labor-hours were worked.

To calculate the direct labor efficiency and rate variance, we need to use the following formulas:

Direct labor time (efficiency) variance= (Standard Quantity - Actual Quantity)*standard rate

Standard quantity= 4*3,350= 13,400

Direct labor time (efficiency) variance= (13,400 - 13,450)*12

Direct labor time (efficiency) variance= $600 unfavorable

Direct labor rate variance= (Standard Rate - Actual Rate)*Actual Quantity

Actual rate= 159,786/13,450= $11.88

Direct labor rate variance= (12 - 11.88)*13,450

Direct labor rate variance= $1,614 favorable

7 0

3 years ago