1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
kolezko [41]
3 years ago
12

Jacques has plans to go to a play and already has a $50 nonrefundable, nonexchangeable, and nontransferable ticket. Now Kyoko, w

hom Jacques has wanted to date for a long time, asks him to a concert. Jacques would prefer to go to the concert with Kyoko and forgo the play, but he doesn't want to waste the $50 he spent on the play ticket. From the perspective of an economist, if Jacques decides to go to the concert with Kyoko, what has he just done
Business
1 answer:
77julia77 [94]3 years ago
3 0

Answer:

Explanation:

Rightly ignored a sunk cost since he cannot recover the money back and it really does not have any effect on the decision in the future

You might be interested in
A reduction from the list price that a seller gives a buyer as a reward for some activity of the buyer that is favorable to the
SCORPION-xisa [38]

Answer:

b. a discount.

Explanation:

A reduction from the list price that a seller gives a buyer as a reward for some activity of the buyer that is favorable to the seller is called __a discount._______.

4 0
4 years ago
On March 1, Retro Inc. reported a balance in Supplies onf $200. During March, the company purchased supplies for $950 and consum
-BARSIC- [3]

Answer:

stockholer's equity will be overstated by $800.

Explanation:

The adjustment required is to record $800 of supplies used as an expense, hence, by carrying out the adjustment, net income is overstated by $800 so also retained earnings and shareholders' equity.

In other words,the balance that would be left in supplies is opening balance of $200 plus purchase of supplies which is $950 minus the supplies used.

balance of supplies=$200+$950-$800=$350

Option B is wrong the balance expected is $350 and the balance without adjustment is $200,that is $150 understatement not $350

4 0
3 years ago
The Securities and Exchange Commission has accused Martha of benefiting unfairly from information secured from a corporate offic
USPshnik [31]

Answer:

Insider Trading

Explanation:

The Securities and Exchange Commission has accused Martha of benefiting unfairly from information secured from a corporate officer of Stewart Engineering. Because Martha used that information to profit in the stock market, she faces insider trading charges. As Martha has got the information from her inside sources and used that information to get profits in the stock market, this case typically falls under insider trading, where an individual has inside information about the processes and selling process which are otherwise not allowed and totally prohibited for anyone to get an access. This kind of activity and action is not only considered as an illegal action but also an unfair and unethical practice as well. Although the rules vary from country to country but general it is the same practice as we have mentioned it above. Many jurisdictions need that this kind of activity should be told so that it can be monitored and eventually stopped.

5 0
3 years ago
As part of a major plant renovation project, the industrial engineering department has been asked to balance a revised assembly
ioda

Answer:

A)Minimum = 0.2 minutes

Maximum = 4.6 minutes

Cycle time = = 2 minutes per unit

B) Number of Stations = 3

D) the percentage of idle time for the assignment in decimal = 0.43

Explanation:

A) Operating output = 240 units per 8hours.

Converting to per hour, we get; 240/8 = 30 units per hour.

Minimum cycle time = longest task time

Maximum cycle time = sum of task times

Minimum = 0.2 minutes

Maximum = 0.2 + 0.4 + 0.2 + 0.4 + 1.2 + 1.2 + 1.0 = 4.6 minutes

Now, operational time(OT) is 8 hours a day. Converting that to minutes, we have =60x8 = 480 minutes

Cycle time(CT) = OT (per day) /desired output

Therefore, calculated cycle time = 480/240

= 2 minutes per unit

B) Number of stations = Maximum time / CT

= 4.6/2 = 2.3 which is approximately 3 stations

C) The task diagram is drawn in image 1 attached. Therefore, we can assign tasks based in the greatest number of following tasks as follows;

Task Number of following tasks

a 4

b 3

c 2

d 2

e 1

f 1

g 0

D) for the idle time from the assigned tasks in "c" above, from the "image 2" attached; the percentage of the idle time will be=

Total remaining time of tasks without remaining feasibility tasks/ {(number of these tasks) x(CT)}

Which gives percentage of idle time = (0.8 + 0.8 + 0.8 + 1.0)/{(4)x(2)}

= 3.4/8 = 42.5%

Since we are to convert to decimal,

= 0.425 approximately 0.43

4 0
3 years ago
Abba, Inc. has developed the following standards for one of its products: Direct materials - 1/2 pound at $6.00 per pound Direct
Sergeu [11.5K]

Answer:

The answer is $11 per unit.

The standard cost card for this product would show a cost per unit of $11.

Explanation:

The workings are attached.

The formula used is as follows:

<u>Standard cost per unit of a product = direct material per unit + direct labor per unit + variable overhead per unit + fixed overhead per unit.</u>

<u></u>

6 0
3 years ago
Other questions:
  • An empty lot is located in a neighborhood of single-family homes. It is the only empty lot in this well-maintained neighborhood.
    10·1 answer
  • Zero-based budgeting assumes that all funding allocations must be justified from zero each year.
    9·1 answer
  • You receive a ​$11 comma 000 check from your grandparents for graduation. You decide to save it toward a down payment on a house
    6·1 answer
  • A business has been using a notebook to track sales and count how many pieces of each item it has in stock. As a business analys
    15·2 answers
  • A​ BBB-rated corporate bond has a yield to maturity of 7.7 %. A U.S. treasury security has a yield to maturity of 6.3 %. These y
    8·1 answer
  • In the month of October, Tran Incorporated had salaries of $15,000 for factory managers, $18,000 for financial managers, and $42
    14·1 answer
  • Suppose american winemakers convince the federal government to issue a directive to serve only domestically produced wine at gov
    10·1 answer
  • Consider Boeing (a producer of jet aircraft), General Mills (a producer of breakfast cereals), and Wacky Jack's (which claims to
    12·1 answer
  • Excel Online Structured Activity: Capital budgeting criteria A company has a 11% WACC and is considering two mutually exclusive
    5·1 answer
  • In year 1, a corporation incurred $3,500,000 of costs related to the development of a new software product. Of these costs, $1,0
    15·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!