Answer: Option C
Explanation: In simple words, expenses refers to outflow of money from the pockets or account of any individual or an entity with the objective of acquiring or producing something.
Manufacturing cost refers to the amount of resources that were out flowed the organisation while producing a good or service. Since the resources are getting out flowed, these costs are always recorded as expense over the operational life of the entity.
Labor cost, electricity bill of machines and purchase cost of raw materials etc are some of many examples of manufacturing cost.
Answer:
the opportunity cost of the land purchase is $34,050
Explanation:
The computation of the opportunity cost of the land purchase is shown below;
= Cash outlay × return percentage
= $227,000 × 15%
= $34,050
Hence the opportunity cost of the land purchase is $34,050
We simply multiplied the cash outlay with the return percentage so the same would be calculated
Answer:
123,196
Explanation:
Recognized gain
= Liability on transferred real estate - Adjusted basis
= 771,596 - 648,400
= 123,196
Basis = 0
The answer is option B. The main challenge of career planning in changing times is that you need to revise your plans often.
The world we live in is dynamic. New inventions, new technology, new methods of doing things always come up with time.
Because of this, when making a career plan, one must be fully aware that the process is not static. That is, changes would occur and as such, you have to revise your plans often so that it is in line with what is obtainable at the time.
<em>Read more on career planning here: brainly.com/question/6457203?referrer=searchResults</em>
