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3 years ago

Opportunity costs refer to_____________.

Business

1 answer:

Mamont248 [21]3 years ago

4 0

Answer:

D. trade-offs associated with financial decisions.

Explanation:

Opportunity cost is the cost of the next best option forgone when one alternative is chosen over other alternatives.

Let's assume Martin can produce either 5 jeans or 10 shirts in one hour. If Martin decides to produce jeans instead, his opportunity cost are the shirts he trades off when he decided to produce jeans.

I hope my answer helps you

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Scottsdale Manufacturing is organized into two divisions: Fabrication and Assembly. Components transferred between the two divis

Sindrei [870]

Answer:

1. The firm does not have excess capacity.

Minimum transfer price on full capacity = Variable Cost + Contribution to be Lost

Minimum transfer price on full capacity = $360 + ($600 - $360)

Minimum transfer price on full capacity = $360 + $240

Minimum transfer price on full capacity = $600

Transfer Price = $600 per Unit (Market price per unit).

2. The firm does have excess capacity. Minimum transfer price on excess capacity = $360 per Unit (Standard Variable Manufacturing cost per unit).

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3 years ago

M13-9 Inferring Financial Information Using the Current Ratio [LO 13-4] Mystic Laboratories reported total assets of $10,500,000

zaharov [31]

Answer: $6,410,000

Explanation:

The current ratio calculates the ability of a company to meet its short term liabilities.

A current ratio greater than 1 indicates that a company is more able to meet its short term obligations. Mystic Laboratories with a current ratio of 1.3 has a greater ability to meet its short term obligations.

Current ratio = current assets / current liabilities

Total assets = current assets + non current assets

$10,500,000 = current assets + $2,167,000

Current assets = $8,333,000

1.3 = $8,333,000 / current liabilities

Current liabilites = $6,410,000

I hope my answer helps you

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3 years ago

In response to a recent outbreak of computer viruses, Mega Tech Mart, a large technology company, installs computer virus protec

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3 years ago

Companies use ____________ to check that enough work is scheduled for operations and that the amount of work scheduled is feasib

Veseljchak [2.6K]

Answer:

e) capacity requirement planning

Explanation:

Based on the information provided within the question it can be said that the term being mentioned is called capacity requirement planning. Like mentioned, this term refers to the process that a company undergoes in order to calculate how much of something it needs to achieve a goal and whether or not it is feasible. Which can also be used regarding work schedules like in this scenario.

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3 years ago

In just a few short weeks, Jon would arrive back in the states after a semester abroad. He was already in a temp agency's databa

sergij07 [2.7K]

Answer:

contingent worker

Explanation:

A contingent worker is a person that is a non-permanent worker, that is outsourced and has skills that are necessary to perform the job and works for a specific project. These workers are not employees of the company which means that they don't receive benefits. According to this, the answer is that Jon will again try to hire on as a contingent worker because he would be an outsourced worker that is not permanent as he would work during the summer months, he won't get benefits and he has the skills that are required for the position.

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4 years ago