Opportunity costs represent the potential benefits an individual, investor, or business misses out on when choosing one alternative over another.
Answer:
The difference is $9,450,000
Explanation:
Market Value of Share = $27.50 x 530,000
=$14,575,000
Book Value = $5,125,000.
Difference = $14,575,000- $5,125,000.
=$9,450,000
The market value is greater than book value by $9,450,000
Answer:
The answer is: The predetermined overhead rate is $10 per machine hour.
Explanation:
We must first determine the total overhead cost:
total overhead = fixed overhead cost + (variable overhead x machine hours)
total overhead = $300,000 + ($4 x 50,000) = $500,000
To get the predetermined overhead cost we divide the total overhead cost over the estimated machine hours.
Predetermined overhead cost = $500,000 / 50,000 = $10 per machine hour
Answer:
The correct answer is b. A team member can work on several projects.
Explanation:
Generally, there is a group of personnel who carry out repetitive tasks and can take over their functions without jeopardizing an improvement that is attempted. For this reason, the person in charge of the project can carry out several implementations without jeopardizing the normal development of the tasks, which allows covering broadly several areas and introducing best practices almost at the same time.