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Answer:
Marginal opportunity cost is the number of units of good 1 that are sacrificed for producing an additional unit of other good.
A) If we increase the production of butter from 1 to 2 then Guns production decreases from 36 to 26. Thus opportunity cost of second unit of butter is 10 guns.
B) Total opportunity cost of 2nd unit of butter = 18 guns
C) marginal opportunity cost of producing the third unit of butter = 12 Guns
D) Total opportunity cost of third unit of butter = 30 Guns
Answer:
The revenue from the sale treated as a long term capital gain on her 2018 income tax return
Explanation:
capital gain = (100*20) - (100*15)
= $500
tax rate on long term capital gain for 22% = 15%
tax on capital gain = $500*15%
= $75
Therefore, The revenue from the sale treated as a long term capital gain on her 2018 income tax return
Answer:
the cost of goods sold is $5,940
Explanation:
The computation of the cost of goods sold is shown below:
As we know that
Cost of goods sold is
= beginning inventory + purchase made - ending inventory
= $4,860 + $10,080 - $9,000
= $5,940
Hence, the cost of goods sold is $5,940
We simply applied the above formula so that the correct value could come
And, the same is to be considered
