1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
timofeeve [1]
3 years ago
6

Sunk costs are important for optimal decision making. are costs that have already been paid and cannot be recaptured in any sign

ificant way. are costs associated with repairing something you already own. are costs that firms sink into marketing.
Business
1 answer:
lina2011 [118]3 years ago
3 0

Answer:

The correct answer is: are costs that have already been paid and cannot be recaptured in any significant way.

Explanation:

Sunk costs are the costs that have already been incurred in the past and cannot be recovered. These costs should not matter while making decisions as they have already been incurred.  

That is why these costs are not considered while making business decisions. They are considered as irrelevant to current decisions that are in direct contrast to relevant cost which are costs that are yet to be incurred in the future.

You might be interested in
Most audience members expect your presentation to include
Elan Coil [88]

Answer: Preview-view-review strategy.

Explanation: The preview-view-review strategy is used in many different learning environments. This process allows the presenter or teacher to preview the information that will be covered, go over the information being discussed and then review it as a conclusion at the end. By previewing the information, the audience is able to understand what topics will be covered, then learn about them in the view stage and have a summary of the information covered in the review.

6 0
3 years ago
Wu Production Company, which uses activity-based budgeting, is in the process of preparing a manufacturing overhead budget. Whic
creativ13 [48]

Answer:

Option which would likely appear on that budget will be:

Batch level costs: production setup.

Explanation:

Here the company uses activity based budgeting is a management accounting tool which new year budget is only seen by not considering the previous year records.

 Activity based budgeting which  is  a budgeting method in which firstly the overhead costs are being calculated and the the budgets gets created.

Batch-level cost is a cost which is not associated with any given specific individual units but is associated with a group of units.

For example, to set up a production run the cost incurred is associated with the batch of goods that are produced subsequently.

Another example can be be procurement costs. The expenses associated with the procurement costs include the  ordering of direct materials, paying suppliers and receiving goods.

Since all of the expenses are related to the orders placed numbers, they must be allocated not to an individual product but to group of unit.

6 0
3 years ago
(tco 3) techpoint, a technical writing and business documentation firm, finds it difficult to handle its training requirements.
kotykmax [81]

<u>This is an example of "outsourcing".</u>


Outsourcing is the business routine with regards to procuring a gathering outside an organization to perform benefits and make products that generally were performed in-house by the organization's own representatives and staff. Generally done as a cost-cutting measure, it can influence occupations going from client support to assembling to the back office.  

Outsourcing can enable organizations to lessen work costs essentially by outsourcing certain assignments. Organizations can likewise dodge costs related with overhead, gear and innovation.  

4 0
3 years ago
Koebel Corp uses a job order costing system with manufacturing overhead applied to products on the basis of direct labor hours.
Lynna [10]

Answer: See explanation

Explanation:

a. Calculate the predetermined overhead rate Overhead Rate per hour

Predetermined Overhead rate will be the estimated total manufacturing overhead divided by the estimated total direct labor hours. This will be:

= $ 921,600/51,200

= $ 18

(b) Calculate how much manufacturing overhead will be applied to production

Manufacturing overhead that'll be applied to production will be the predetermined overhead rate multiplied by the actual total direct labor hours. This will be:

= $ 18 × 48,900 direct labor hours

= $ 880,200

(c) Is overhead over- or underapplied? By how much?

The Actual Overhead Incurred = $902,900 while the manufacturing overhead applied = $880,200. This shows that overhead is underapplied due to the fact that manufacturing overhead applied is less than the actual overhead that is incurred.

Therefore, the amount of overhead that was underapplied will be:

= $ 902,900 - $ 880,200

= $ 22,700

(d) What account should be adjusted for over-or underapplied overhead? Should the balance be increased or decreased?

Based on the scenario in the question and the answers calculated, the cost of goods sold should be increased.

4 0
3 years ago
Economic ordering quantity with safety stock (LO5) Diagnostic Supplies has expected sales of 84,100 units per year, carrying cos
disa [49]

Answer:c. Assume an additional 80 units of inventory will be required as safety stock. What will the new average inventory be? What will the new total carrying cost be?

Explanation:

3 0
3 years ago
Read 2 more answers
Other questions:
  • After you set a price for your product you discover that your competitors are selling the same thing at a significantly lower pr
    13·2 answers
  • To what three different audiences might you have to give a presentation? How would the presentation differ for each? Which one w
    12·1 answer
  • You have just purchased a share of preferred stock for $50.00. The preferred stock pays an annual dividend of $5.00 per share fo
    8·1 answer
  • Exercise 6-8 Petty cash fund with a shortage LO P2 Waupaca Company establishes a $350 petty cash fund on September 9. On Septemb
    10·1 answer
  • Patten, in the article "Malawi Versus the World Bank," notes that the goal of the World Bank and IMF is to loan poor countries m
    5·1 answer
  • GAWAIN 2
    7·1 answer
  • Gross Domestic Product is a ________measurement of standard of living because ________.
    13·1 answer
  • A company faces two kinds of risk. An example of a firm-specific risk is the risk that a competitor might enter its market and t
    7·1 answer
  • can someone please help me i need the sales analysis for covergirl. please help it's due in 30 minutes
    5·1 answer
  • In terms of total dollars in the state budget, the various service charges and fees in Texas provide ______ percent of total sta
    15·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!