Answer:
These lost wages would be considered as opportunity cost
Explanation:
The lost wages would be considered as opportunity cost .
Opportunity cost is the value of the next best alternative forgone in favor of a decision. The decision of the entrepreneur to start a business of his own would mean forgoing the wages from his paid employment.
Hence, the lost wages of $50,000 becomes an opportunity cost to the decision.
These lost wages would be considered as opportunity cost
Answer:
A. $ 450 comma 000
Explanation:
In order to compute the fixed cost per month first we have to determine the variable cost per unit which is shown below.
Variable cost per hour = (High total cost - low total cost) ÷ (High production volume - low production volume)
= ($710,000 - $550,000) ÷ (13,000 units - 5,000 units )
= $160,000 ÷ 8,000 units
= $20
Now the fixed cost equal to
= High total cost - (High production volume × Variable cost per unit)
= $710,000 - (13,000 units × $20)
= $710,000 - $260,000
= $450,000
We simply applied the above formula
The correct answer for this question is this one:<span>
6. Student Council would be a good activity to learn more about Business, Management, and Administration. (1 point) ☐ True ☐ <u>False</u>
9. Government and Public Administration workers help pass and enforce the law. However, they are only found at the national level. (1 point) ☐ <u>True</u> ☐ False
11. If you are a worker in the Hospitality and Tourism cluster you could major in Museology/Museum Studies. (1 point) ☐ True ☐ <u>False</u>
13. Industries in Information Technology include telecommunications and professional, scientific, and technical services. (1 point) ☐ <u>True</u> ☐ False
15. Electrical and Power Transmission Installers do not fall in the Manufacturing cluster. (1 point) ☐ <u>True</u> ☐ False
17. There are only 2 pathways found for Science, Technology, Engineering, and Mathematics. (1 point) ☐ True ☐ <u>False</u>
</span>
Hope this helps answer your question and have a nice day ahead.
what's the question???????
Based on the given information, it can be concluded that Derek is implementing the process of Depreciation.
<h3><u>Explanation:</u> </h3>
When dealing with assets whether fixed or non-fixed, the cost over its useful life is reduced in a systematic manner until it reaches zero. This is known as depreciation. It represents the value of the said asset that has been used up. The significance of depreciation is to allow the company to make revenue from the assets while the proportion of buying cost is expended during its service.
Failure to depreciate assets can negatively affect the company’s profits. There are different methods used to calculate depreciation and all depends on the following factors: salvage value, the asset cost price, and useful life.