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Sauron [17]
4 years ago
13

Amanda is trying to decide whether to get a job after graduation or to spend another year in school to get her master's degree.

She has two job offers of $65,000 and $80,000, and she expects tuition and fees to be $24,000. She expects to spend $12,000 on food and housing regardless of her choice. What is her opportunity cost of spending another year in school
Business
1 answer:
Alenkinab [10]4 years ago
5 0

Answer:

36,000

Explanation:

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Mack's guitar fabrication shop produces low​ cost, highly durable guitars for beginners.​ Typically, out of the 100 guitars that
Virty [35]

Answer: 21.32 per hour

Explanation:

Guitars produced each month = 100

considered good enough to sell = 82%

Remaining are scrapped = 18 %

Selling price of each guitar = $260

Each guitar requires = 10 labor hours

Each employee works an average = 160 hours per month

Labor is paid = ​$11 per​ hour

materials cost = ​$40 per​ guitar

overhead = $4,200

Therefore,

Number of guitars are good enough to sell = 82% of 100

                                                                   = 82 guitars

Value of output = Number of guitars sell × Selling price of each guitar

                        = 82 × $260

                        = $21,320

Input in labor hours = Guitars produced each month × Labor hour employed in each guitar

                               = 100 × 10

                               = 1,000 hours

Labor productivity =\frac{output}{input}

                                =  \frac{21,320}{1,000}

                                = 21.32 per hour

7 0
3 years ago
Before year-end adjusting entries, Dunn Company's account balances at December 31, 2020, for accounts receivable and the related
navik [9.2K]

Answer:

Option (B) is correct.

Explanation:

Given that,

Accounts receivables = $1,500,000

Allowance for doubtful accounts = $90,000

Expected uncollectibles = $125,000

The collection of accounts receivables after the adjustment for bad debt expense is determined by deducting the expected uncollectibles from the total amount of accounts receivables.

Accounts receivable amount expected to be collected after adjustment for bad debt expense:

= Accounts receivables - Expected uncollectibles

= $1,500,000 - $125,000

= $1,375,000

7 0
3 years ago
Cuidado, a nonprofit organization that focuses on caring for the cklerly, encourages its members to do as much as possible for t
postnew [5]

Answer: Utilitarian influence- B

Explanation: Utilitarian influence is the influence that is based on individual or group who will make decisions based on what would produce the greatest amount of happiness.

It shows how individuals would comply based on perceived expectations of others to achieve rewards .

We can infer that Cuidado, non profit organizations uses Utilitarian influence because it felt that people will only subscribe to caring for the elderly in Thier organisations if they perceive expectations that may be benefited

from complying to Thier program.

3 0
3 years ago
Read 2 more answers
A furniture company is producing two type of furniture. Product A requires 8 board feet of wood and 2 Ibs of wicker. Product B r
Blizzard [7]

Answer:

Maximize 30A + 40B.

Explanation:

Given that

Profit margin of product A = $30 per unit

And, the Profit margin of product B = $40 per unit

And, let us assume that

Number of product A produced is A

And, the Number of product A produced is B

So, the total profit is

= 30A + 40B

And, this reflects the maximum profit

All other information which is not given is not relevant. Hence ignored it

7 0
3 years ago
This problem has been solved! See the answer On January 1, Helmut pays $2,000 for a 10% capital, profits, and loss interest in a
Alinara [238K]

Answer:

Helmut's basis at year-end is $3,900.

Explanation:

Beginning Basis  = $2,000

Add: January 1 Liabilities at the rate of 10% = $20,000 × 10% = $2,000

Add: Increase in liabilities by the rate of 10% = $5,000 × 10% = $500

Less: Loss incurred at the rate of  10%  = ($6,000 × 10%) = $600

Basis at the end of the year = $2,000 + $2,000 + $500 - $600

Basis at the end of the year = $3,900.

4 0
3 years ago
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