Answer:
For 8,500 units, proposal A provides a higher income ($3,000).
Explanation:
Giving the following information:
Proposal A:
Fixed cost= $50,000
Unitary cost= $12
Proposal B:
Fixed cost= $70,000
Unitary cost= $10
<u>We need to choose the proposal with the higher income if 8,500 units are produced.</u>
Proposal A:
Net income= 8,500*(20 - 12) - 50,000
Net income= $18,000
Proposal B:
Net income= 8,500*(20 - 10) - 70,000
Net income= $15,000
For 8,500 units, proposal A provides a higher income ($3,000).
Answer:
D) daily and weekly task requirements.
Explanation:
In this scenario, Shelley has been hired as a marketing specialist at a large, international firm. On Shelley's first day of work, she attends an orientation session.
In the orientation session, what new employees are most likely to be briefed or talked to about is the organizational structure, company policies and rules and compensation and reward system. In human resources management, it is important to get new employees acquainted with the essential informations, rules, regulations, and guidelines that exist in an organization.
<em>Hence, daily and weekly task is least likely to be addressed during Shelley's orientation program because she's not likely to commence her duties on the first day and her responsibilities or roles would be introduced to her by her functional or line manager. </em>
Answer: Option (a) is correct.
Explanation:
Correct Option: Lower than his opportunity cost of that good.
Opportunity cost is the benefit that is foregone for an individual by choosing one alternative over other alternatives available to him.
If the opportunity cost is lower for an individual then this will benefit him whereas if the opportunity cost is higher then this will not benefit the individuals.
In our case, if people obtained a good at a price that is lower than his opportunity cost of that good then he will be benefited from the trade.
Answer:
Myopic loss aversion
Explanation:
Loss Aversion is defined as the likelihood for individuals to strongly prefer making or avoiding losses over getting or acquiring gains.
Myopic loss aversion is simply defined as likelihood to look(focus) on avoiding short-term losses, even at the hands or expense of long-term gains. It is simply written as;
MLA = Loss aversion + mental accounting.
It is a kind of loss aversion that comprises mainly the idea that people do not see far enough into the future to invest in the right sense and as such life cycle hypothesis is forgotten or ignored.
Answer: $1,695
Explanation:
GIVEN THE FOLLOWING ;
miscellaneous itemized deduction for the year;
Home office expenses = $1,200
Union dues and work uniforms = $350
Unreimbursed employee expenses = $415
Gambling losses to the extent of gambling winnings = $890.
Value of miscellaneous itemized deduction is :
Miscellaneous itemized deduction = [(Home office expenses + Union dues and work uniforms + Unreimbursed employee expenses) – 2 % of Adjusted Gross Income + Gambling losses to the extent of gamble winnings]
[($1,200 + $350 + $415) - (0.02 × 58,000) + $890]
[$1,965 - $1160 + $890]
$1,695
