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slava [35]
3 years ago
5

Heston and Burton, CPA's, currently work a five-day week. They estimate that net income for the firm would increase by $75,000 a

nnually if they worked an additional day each month. The cost associated with the decision to continue the practice of a five-day work week is an example of a(n)
Business
1 answer:
Nuetrik [128]3 years ago
7 0

Answer:

Opportunity cost.

Explanation:

Opportunity cost is an economics term that is used to describe the value or determinant to best forgone alternative in certain situations. In as much as every business model or dealings can never be measured in monetary terms because merit can also be determined through satisfaction gained and actual time spent on the job.

It is sometimes seen to fall in as individual perspective, this is seen as such because it is always different for every person in as much as our personality and different in likes and lifestyle affects it when it boils down to persons.

Economists also tag opportunity cost to be fundamental costs and are generally used for gaining a better understanding of a project.

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Sam’s Auto Shop services and repairs a particular brand of foreign automobile. Sam uses oil filters throughout the year. The sho
Sindrei [870]

Answer:

The EOQ is 353 units

Explanation:

The economic order quantity or EOQ is the quantoty that minimized the holding and ordering cost for invetory.

The formula for EOQ is,

EOQ = √(2*D*O) / H

Where,

  • D is the annual demand in units
  • O is the ordering cost per order
  • H is the holding cost per unit per annum

The annual demand of oil filters by Sam is,

Annual demand = 52 * 150 = 7800 filters

The EOQ for Sam Auto Shop is,

EOQ = √(2*7800*16) / 2

EOQ = 353.27 Units rounded off to 353 units

3 0
3 years ago
The beginning inventory of BG Action Figures is understated by $7 million at December 31, 20x8. What is the effect on 20x8 cost
AURORKA [14]

Answer: Understated by $7 million

Explanation:

Cost of goods old is calculated by deducting the closing balance of inventory from the Opening balance and the Purchases for the period in the manner:

Cost of Goods sold = Opening inventory + Purchases - Closing stock.

Going by the formula, if the opening inventory is understated by $7 million, the cost of goods sold will be understated by the same amount because opening inventory adds to Cost of goods sold.

3 0
3 years ago
Ryan is a manager at Steve's Stoneworks, Inc. Hersey and Blanchard would consider most of Ryan's subordinates highly ready based
melamori03 [73]

Answer:

B. Delegating

Explanation:

Delegating refers to the situation whereby an entity is assigned the authority or given the leeway in carrying out specific job task. Before an individual is delegated to carrying out an assignment, he or she must have shown competence in completing such task in the past. In this scenario, it is believed that Ryan's workers are highly ready based on their ability to perform their job. Thus, Ryan could decide to carry out delegation style of leadership since the workers are highly ready.

4 0
4 years ago
CASE 7.1 "Anthony is a new police recruit who just graduated from the police academy and has been hired by a large metropolitan
polet [3.4K]

Answer:Crime fighter

Explanation:Crime fighters are law enforcement individuals who are in charge of working towards preventing crime and enforce policies and criminal laws.

"as police officers they are not community social workers or vigilantes and that they must enforce all statutes and all ordinances." This statement made by Anthony tells us that they are crime fighters ,their goal is to enforce laws that prevent criminal activities.

8 0
4 years ago
Emerging adulthood has traditionally been the optimal time for hard physical work, athletic achievement, and:
Tasya [4]
I had to look for the options and here is my answer:

Emerging adulthood has been the stage wherein optimal time for athletic achievement, hard physical work, and successful reproduction is considered a priority. The answer that best fits the blank is SUCCESSFUL REPRODUCTION. Hope this helps.
5 0
3 years ago
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