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lorasvet [3.4K]
3 years ago
8

Given that resources are scarce?

Business
1 answer:
Bond [772]3 years ago
8 0
B. opportunity costs are experienced whenever choices are made. this means that for a decision to be made in respect to purchasing items from a supermarket, one will forgo an item based on urgency and if it will bring utility to an individual
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The following differences enter into the reconciliation of financial income and taxable income of Abbott Company for the year en
adoni [48]

Answer:

Abbot makes a savings of $74,000 in the current year.

Review full presentation of answers in the attaches

Explanation:

4 0
3 years ago
Read 2 more answers
"You plan to buy a piece of machinery worth $50,000 then you plan to sell it at the end of its 15-year life cycle for $5,000. Wh
Aleks04 [339]

Answer:

$3,000 and $35,000

Explanation:

The computations are shown below:

The depreciation expense would be

=(Original cost - residual value) ÷ (useful life)

= ($50,000 - $5,000) ÷ (15 years)

= ($45,000) ÷ (15 years)  

= $3,000

In this method, the depreciation is same for all the remaining useful life

The book value would be

= (Original cost of equipment) - (depreciation × number of years)

= ($50,000) - ($3,000 × 5 years)

= $50,000 - $15,000

= $35,000

8 0
3 years ago
Organizational and managerial skills that find their expression in a company's structure, routines, and culture are referred to
Aliun [14]
It is referred to as Capabilities. It is essential to accomplish its business model or bring about its mission. In addition, an easy way to comprehend the thought is to think about capabilities as organizational level expertise is set in people, method, and technology.  
7 0
3 years ago
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_____ has been defined as the fundamental rethinking and radical redesign of business processes to achieve dramatic improvements
8_murik_8 [283]

Answer: Business process re-engineering

Explanation: In simple words, business process re-engineering refers to the process in which  an organisation tries to restructure and change the process or methods of operations for smooth functioning of the business.

  It is modern technique that are used by the firms in the industries which have high competition and are strongly interdependent on other firms in the industry.

5 0
3 years ago
The following costs were incurred in September:
aleksley [76]

Answer:

Option (d) is correct.

Explanation:

Given that,

Direct materials = $44,200

Direct labor = $31,800

Manufacturing overhead = $25,200

Selling expenses = $22,100

Administrative expenses = $37,100

Conversion cost:

= Direct labor + Manufacturing overhead

= $31,800 +$25,200

= $57,000

Therefore, the conversion costs during the month totaled $57,000.

5 0
3 years ago
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