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Lapatulllka [165]
3 years ago
8

Which of the following is an example of a sunk cost?

Business
1 answer:
coldgirl [10]3 years ago
3 0

Answer:

The correct answer is option D.

Explanation:

Sunk costs can be defined as those costs which already been incurred and cannot be recovered anymore. These costs are excluded from business decision making.

It is can be referred to as a cost that is no longer relevant.  

The $8 paid for a ticket, after the person starts watching the movie is a sunk cost as it cannot be recovered anymore.  

Sunk costs are contrasted to relevant cost which is yet to be incurred in the future. Cost pf machinery, equipment, etc are examples of sunk cost.

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You actually can cause it wasn’t far alone in the relationship
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what are the consequences of poor management to: employees, customers, suppliers, government, and society?​
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Poor management can affect the company's budget, employee turnover and overall profits. Finally, a decrease in productivity and morale are signs employees may be struggling with the leadership being given. If employees have an effective leader their task performance will continue to soar

Explanation:

Hope it helps

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3 years ago
Gross Corporation adopted the dollar-value LIFO method of inventory valuation on December 31, 2013. Its inventory at that date w
Murrr4er [49]

Answer: $603,500

Explanation:

Ending inventory in 2014;

= Ending inventory balance 2013 + ((\frac{Inventory current price 2014}{Price index 2014} * 100) - ending inventory 2013)) * Price index 2014/100

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= $603,500

3 0
3 years ago
You are expected to do a presentation of your business plan to a group of potential investors. Explain how you would respond to
UNO [17]
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7 0
3 years ago
Sibila, Inc. sells its product for $40. The variable costs are $18 per unit. Fixed costs are $16,000. The company is considering
Ahat [919]

Answer:

c. It will increase.

Explanation:

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<em>Break - even units = Fixed Costs ÷ Contribution per unit </em>

therefore,

<u>Existing break-even point in units :</u>

Break - even units = $16,000 ÷ ($40 - $18) = 727.27 or 728 units

<u>New break-even point in units :</u>

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Conclusion :

The results show that break-even point in units will increase from 728 units to  875 units as a result of the changes

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