Answer:
Opportunity cost is giving up the working at Mc Donald's
Explanation:
Opportunity cost is the term which is stated as the profit, value of something or the benefit which is given up for something in order to acquire or accomplish something else.
In this case, Alexandra wants to work at Mc D and play soccer. So, she decided to play soccer. Therefore, the opportunity cost is working at Mc Donald in order to play.
Answer:
The answer is False
Explanation:
Since the 70 percent of preferred dividends received by a company is excluded from taxable income, the component cost of equity for a corporation which pays half of its revenue out as a common dividends and half as preferred dividends should ,technically be.
Answer:
The break even level of units per month fall by 16 units.
Explanation:
The current breakeven units per month are,
Break even in units = 5600 / (20 - 6)
Break even in units-March = 400 Units
The fixed costs remain constant in the short run to a certain activity level so assuming that the fixed costs will remain $5600.
The new variable costs will be 6 * 0.9 = $5.4
Assuming everything else remains constant,
The new break even in units per month = 5600 / (20 - 5.4)
New break even in units = 383.56 rounded off to 384 units
As a result of decrease in the variable cost per units, the new break even point becomes 16 units less than the previous one.
This is an example of Bandura's theory of "reciprocal determinism".
As indicated by analyst Albert Bandura, reciprocal determinism is a model made out of three factors that impact conduct: the environment, the individual, and the behavior itself. As per this theory, a person's conduct impacts and is affected by both the social world and individual qualities.
Reciprocal determinism is the possibility that conduct is controlled or dictated by the person, through psychological procedures, and by nature, through outside social upgrade occasions.
Answer and Explanation:
The preparation of the direct labor budget by quarters is presented below:
<u>GUNDY COMPANY
</u>
<u>
Direct Labor Budget, June 30, 2020</u>
<u> For the Six Months Ending June 30, 2020</u>
<u>
Particulars Quarter 1 Quarter 2 Six months</u>
Units
produced 5,210 6,500
Multiply
Direct labor
time per unit 1.5 hours 1.5 hours
Total
required direct
labors 7,815 9,750
Multiply Hourly
wage rate $15 $15
Total direct
labor cost $117,225 $146,250 $263,475
