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ExtremeBDS [4]
3 years ago
8

Suppose your expenses for this term are as follows: tuition: $12,000, room and board: $6,500, books 4) and other educational sup

plies: $1,500. Further, during the term, you can only work part-time and earn $3,500 instead of your full-time salary of $14,000. What is the opportunity cost of going to college this term, assuming that your room and board expenses would be the same even if you did not go to college?
A) $13,500
B) $20,000
C) $24,000
D) $30,500
Business
1 answer:
sashaice [31]3 years ago
8 0

Answer:

The opportunity cost is $24,000

Explanation:

Giving the following information:

Suppose your expenses for this term are as follows:

tuition: $12,000

Room and board: $6,500

Books and other educational supplies: $1,500.

Further, during the term, you can only work part-time and earn $3,500 instead of your full-time salary of $14,000.

Costs of college:

tuiton= 12000

Books= 1500

Lost of salary= 10,500

Total= $24,000

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Answer and Explanation:

According to the scenario, computation of the given data are as follow:-

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B).Present Value of the Cash Flows for Annuity Payout is

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5 0
3 years ago
Dozier Company produced and sold 1,000 units during its first month of operations. It reported the following costs and expenses
Airida [17]

Answer:

Explanation:

Hi, I have attached the full question as images below

Total Product Cost = ($70,000 + $35,500 + $43,700) ÷ 1,000 = $149.20

Total Period Cost = $30,600 + $29,300 = $59,900

Total Direct Manufacturing Cost = $70,000 + $35,500 + $15,400 = $120,900

Total Indirect Manufacturing Cost = $28,300

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Total Non Manufacturing Cost = $30,600 + $29,300 = $59,900

Total Conversion Cost = $35,500 + $43,700 = $79,200

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Hello,


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[ Answer ]

\boxed{Brisket}

[ Explanation ]

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\boxed{[ \ Eclipsed \ ]}

7 0
3 years ago
Read 2 more answers
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Answer:

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