Answer:
Only going to dept for things you really need and have planned for
Answer:
Explanation:
When the future revenue producing ability of the inventory is above its original cost the
companies should reports their inventory value with LCNV method.
a) Yes, $67 exceeds the loss—minimizing output.
Using the MR
They will produce 9 units.
Profits per unit = $67 - $50 = $17
Total profit =
$153.
(b) Yes, $42 exceeds the loss—minimizing output.
Using the MR
They will produce 6 units
Loss per unit is = $42 - $47.50 = $5.50
Total loss = $33 (= 6 x $5.50), which is less than the total fixed cost of $60.
c) No, because $33 is less than AVC. If it did produce, the quantity will be 4—By producing 4 units, it would lose $78 [= 4 ($33 - $52.50)]. and if they didn't produce, it would lose only the total fixed cost of $60.
Answer:
$100
Explanation:
Opportunity cost or implicit is the cost of the option forgone when one alternative is chosen over other alternatives
If Melanie goes to the beach, she would not be able to stay at home. Staying at home is the opportunity cost of going to the beach.
The total opportunity cost of going to the beach = $10 + $90 = $100
Answer:
In the wrong column, Lupe recorded her paycheck. She had forgotten to report one of her purchases too.
Explanation:
As we can see in the picture that Lupe recorded her paycheck in the wrong column.
Moreover, She had forgotten to report one of her purchases too.
By this mistake, Lupe recorded balance was off by $43 and she thinks the same that she made a mistake while recording the transactions with respect to purchasing, deposits, paycheck, etc
