Answer:
a. $2,870, $1,330
b. $5,530, $70
Explanation:
The amount of profit earned is the difference between the total sales and the total cost. The total sales is the product of the selling price per shirt and the number of shirts sold while the total cost is the product of the number of shirts ordered and the cost per shirt.
Opportunity cost is the cost or worth of the alternative foregone.
Profit earned
= 600 * $14 - 790 * $7
= $2,870
Cost of waste due to excess inventory
= $7(790 - 600)
= $1,330
If the school receives actual sales orders for 800 shirts, the amount of profit the school will earn
= 790 ($14 - $7)
= $5,530 ( the number of units sold cannot be more than the number ordered).
The opportunity cost
= $7(800 - 790)
= $70
Answer:
D
Explanation:
The first 1000 minutes cost per month $50 and if you use 1200, minimum you will be charged with $50. To find the cost of the 200 reamining minutes, you multiply 200 times $0,35, which is the cost of one minute when you exceed 1000 minutes. Then you have:
$50⇒ for 1000 minutes
$70⇒ for 200 minutes
Total
$120⇒ for 1200 minutes
Answer:
$16,200 favorable
Explanation:
The computation of the total controllable cost variance is shown below:
= Budgeted overhead - actual overhead
= (40,000 units × $3.80 + $74,000) - $209,800
= ($152,000 + $74,000) - $209,800
= $226,000 - $209,800
= $16,200 favorable
Hence, the total controllable cost variance is $16,200 favorable
purchasing out-of-the-money call options is the answer
C. Sherbet.
The citrus's <span>acidic sweetness to clear the taste buds.</span>