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anyanavicka [17]
3 years ago
7

What are sunk costs? Question 33 options: Costs that have already been incurred Difference in cost between two or more alternati

ves Costs that are under management’s influence Future costs that will differ between alternatives
Business
1 answer:
Sindrei [870]3 years ago
4 0

Answer:

Costs that have already been incurred

Explanation:

Sunk costs are costs already incurred which are irrecoverable. These costs will stay the same irrespective of business actions and are also not considered for business decision in the future as they are deemed irrelevant .

If an organization wants to decide on business actions, they make use of relevant costs as they are cost meant for the future and will still be incurred. Revenue and cost that varies are only considered by organization to make a decision.

Example of sunk cost is money spent on rent. This money incurred cannot be recovered once it has been paid.

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Computers Inc. is a United States computer and consumer electronics company that designs and manufactures electronic devices. Co
Galina-37 [17]
No the electronic devices where made to text and easier to text
5 0
4 years ago
Generally, a board member who is a source of information about a firm's day-to-day activities is classified as a(n) __________ d
kvasek [131]

Generally, a board member who is a source of information about a firm's day-to-day activities is classified as a(n)<u> inside </u>director.

A director is a person on the company's board of directors who acts as the governing body of the organization. The board of directors, often elected by the company's shareholders, creates policy for the company as a whole and oversees leadership positions in the organization. They guide, advise and run the organization.

Board members are part of the governing body of the organization. Committed to the long-term interests of the organization, they meet regularly to oversee and direct operations, set policy, approve business decisions, evaluate operating performance, and carry out fiduciary responsibilities.

The board membership application process includes several steps. In most corporate boards, a nominating committee interviews candidates and decides who should join the board. Board members then vote on whether to elect the candidate selected by the nominating committee.

Disclaimer: Learn more about board members here  brainly.com/question/28140899

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4 0
1 year ago
Tobacco production is one of the more heavily subsidized industries in the United States. Suppose that as a result of intense lo
MAXImum [283]

Answer:

Option (a) is correct.

Explanation:

When the government of United states provide subsidy to the Tobacco industries then there is a rise in the production of Tobacco because it will become cheaper for the firms to produce tobacco.

But these firms are not taking the proper steps for health related issues and even lobbying from health-related concerns.

If the congress repeals the tobacco firms subsidies then the cost of tobacco production increases because of the withdrawal of subsidies. Hence, the supply of tobacco decreases because of the lower level of output and therefore, this would shift the supply curve of tobacco firms leftwards.

This is only because of the higher cost of production.

8 0
4 years ago
arget Profit Scrushy Company sells a product for $150 per unit. The variable cost is $110 per unit, and fixed costs are $200,000
aleksklad [387]

Answer:

Results are below.

Explanation:

Giving the following information:

Selling price per unit= $150

The variable cost is $110 per unit, and fixed costs are $200,000.

<u>To calculate the break-even point in units, we need to use the following formula:</u>

Break-even point in units= fixed costs/ contribution margin per unit

Break-even point in units= 200,000 / (150 - 110)

Break-even point in units= 5,000 units

<u>Now, the desired profit is $50,000:</u>

<u></u>

Break-even point in units= (fixed costs + desired profit) / contribution margin per unit

Break-even point in units= (200,000 + 50,000) / 40

Break-even point in units= 6,250

7 0
3 years ago
What is 30% of 3/5​
Setler79 [48]

Answer: Solution for What is 30 percent of 3/5

30 percent *3.50 =

(30:100)*3.50 =

(30*3.50):100 =

105:100 = 1.05

Now we have: 30 percent of 3.50 = 1.05

Question: What is 30 percent of 3.50?

Percentage solution with steps:

Step 1: Our output value is 3.50.

Step 2: We represent the unknown value with $x$x​.

Step 3: From step 1 above,$3.50=100\%$3.50=100%​.

Step 4: Similarly, $x=30\%$x=30%​.

Step 5: This results in a pair of simple equations:

$3.50=100\%(1)$3.50=100%(1)​.

$x=30\%(2)$x=30%(2)​.

Step 6: By dividing equation 1 by equation 2 and noting that both the RHS (right hand side) of both

equations have the same unit (%); we have

$\frac{3.50}{x}=\frac{100\%}{30\%}$

3.50

x​=

100%

30%​​

Step 7: Again, the reciprocal of both sides gives

$\frac{x}{3.50}=\frac{30}{100}$

x

3.50​=

30

100​​

$\Rightarrow x=1.05$⇒x=1.05​

Therefore, $30\%$30%​ of $3.50$3.50​ is $1.05$

Explanation:

7 0
3 years ago
Read 2 more answers
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