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Kisachek [45]
2 years ago
10

Opportunity costs refer to_____________.

Business
1 answer:
Mamont248 [21]2 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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Although there are advantages and disadvantages to home-based workers for both the employer and employee the disadvantages to em
melomori [17]

Answer:

C. It decreases important social interaction between and among employees on a number of levels, resulting in a change in the social network and corporate culture.

Explanation:

<em>Working from home</em> or freelancing has gained traction nowadays as it is a feasible way to transfer work to home, usually reducing costs and being more convenient for employees (mostly). However, working from home <u>neglects the aspect of socializing</u>, as it brings more alienation to the employee. Communication becomes mostly digital, and in-person contact is minimized.

3 0
3 years ago
Solstice Company, which uses the direct write-off method, determines on October 1 that it cannot collect $70,000 of its accounts
lukranit [14]

Answer:

<u>Oct 1</u>

Dr Accounts receivable 70,000

Cr Bed debts expense 70,000

(Accounts receivable is an asset and when it increases, they are debited. When expenses increase, they are credited.)

<u>Oct 30</u>

Dr Cash 70,000

Cr Accounts receivable 70,000

(Cash is an asset and when it increases, it is debited. Accounts receivable is an asset and when it decreases, they are credited)

8 0
2 years ago
Bramble Corp. applies overhead on the basis of machine hours. Given the following data, compute overhead applied and the under-
ddd [48]

Answer:

$11,000 under applied

Explanation:

To compute the under or over applied overhead, we need to find out the predetermined overhead rate

Predetermined overhead rate = Total estimated manufacturing overhead ÷ Estimated machine hours

= $4,100,000 ÷ 500,000

= $8.2

Then, the overhead applied is;

= Actual machine hours × Predetermined overhead rate

= 495,000 × $8.2

= $4,059,000

Now, the under applied or over applied overhead is

= Actual annual overhead cost - Applied overhead

= $4,070,000 - $4,059,000

= $11,000 under applied

3 0
2 years ago
The actual variable cost of goods sold for a product was $140 per unit, while the planned variable cost of goods sold was $136 p
kozerog [31]

Answer:

$326,400 is the variable cost quantity factor while $56,000 is the unit cost factor

Explanation:

The variable cost quantity factor is a measure of the difference between the planned and actual units  multiplied by planned variable cost.  

That is Variable Cost quantity factor = (planned units  - actual units sold) x        planned variable cost

                                                            = (14000-2400) - 14000) x $136

                                                            = (11600 - 14000) x $136

                                                            =  -$326,400

Unit Cost factor = $(140 - 136) x 14000 units

                          =$56,000

3 0
2 years ago
Read 2 more answers
Tariffs may raise the price that foreign customers must pay for goods produced in the United States, negatively impacting a U.S.
fenix001 [56]

Answer:

true

Explanation:

tarrifs raise the price of foreign goods

8 0
2 years ago
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