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4 years ago

Which of the following should not be considered as an opportunity cost of attending college?

Business

1 answer:

Gwar [14]4 years ago

5 0

Answer:

Option (A) is correct.

Explanation:

Opportunity cost refers to the cost that is incurred by selecting some other alternative. It is the benefit that is foregone from the next best alternative.

Therefore, the opportunity of attending college is as follows:

(a) Salary amount that could have been earned from the job.

(b) Interest income from depositing money into savings account

(d) Opportunities that were sacrificed for attending college.

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Vaughn Manufacturing uses the periodic inventory system. For the current month, the beginning inventory consisted of 476 units t

MissTica

Answer:

See below

Explanation:

The computation of ending inventory is shown below;

But first we need to determine the average cost per unit.

Average cost per unit

= (476 units × $63 + 718 units × $66 + 365 units × $68) ÷ (476 units + 718 units + 365 units)

= ($29,988 + $47,388 + $24,820) ÷ (1,559 units)

= $102,196 ÷ 1,559

= $65.55

Now, the ending inventory unit

= 1,559 units - 1,195 units

= 364 units

Finally , the ending inventory

= $65.55 × 364 units

= $23,860

4 0

3 years ago

Which of the following are residents of rich countries likely to have in greater quantities, or better quality, than residents o

icang [17]

Answer:

(D) All of the above

Explanation:

Residents of rich countries are likely to have housing, healthcare and life expectancy in bigger quantities and better quality than residents of poor countries

3 0

4 years ago

The following present value factors are provided for use in this problem: Norman Co. wants to purchase a machine for $40,000 but

koban [17]

Answer:

$2,685

Explanation:

Calculation to determine the machine's net present value

NET PRESENT VALUE

Year Cash flow*Discount factor at 8% =Discounted Cash flows

0 $ -40,000*1= $-40,000

1 $ 12,000*0.9259= $11,111

2 $12,000*0.8573=$10,289

3 $ 12,000* 0.7938=$9,526

4 $16,000*0.7350=$11,760

NET PRESENT VALUE $2,685

($-40,000+$11,111+$10,289+$9,526+$11,760)

Therefore the machine's net present value is $2,685

5 0

3 years ago

L Inc. has provided the following data for the month of November. The balance in the Finished Goods inventory account at the beg

Softa [21]

Answer:

Adjusted cost of goods sold 234,900

Explanation:

To calculate the the adjusted cost of goods sold , we need to first determine the over or under applied overhead.

Over applied overhead = absorbed overhead - actual over heads

=$59,200- $55,900

= $3,300

This will be deducted from the the cost of goods produced because it is the amount by the which actual production has been over stated.

The adjusted cost of goods sold is determined as follows:

Opening inventory 55,000

Cost of goods manufactured 213,000

Over applied overheads (3,300)

Less closing inventory (30,300)

Adjusted cost of goods sold 234,900

7 0

3 years ago

Given all the details about bonds and stocks, which do you prefer to invest with your money in the future? Explain in your own w

nataly862011 [7]

Answer:

Bonds provides more opportunities and offers than stocks.

Explanation:

Bonds are a better option than stocks as bonds tend to give a good return. That is the bonds are less volatile and less risk markets they have a high interests rates and tends to offer saving rates at a bank and hae various advantages.

Bonds also perform well the stocks decline and hence they are better than stocks and should prefer to invest in the money in future.

3 0

3 years ago