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kozerog [31]
3 years ago
6

LO 4.1Which of the following is a conversion cost?

Business
1 answer:
sveta [45]3 years ago
5 0

Answer:  

OPTION b      

Explanation:

Conversion costs refer to the concept used during cost accounting which is a mixture of labor costs including overhead expenses in processing. In certain words, the cost of processing is the commodity or manufacturing costs of a supplier apart from the expense of the raw resources of an item.

In other words, processing costs are the manufacturing or engineering costs required to transform raw resources in to goods. The phrase conversion costs also occur in a method costing method when calculating the cost for an identical product.

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The opportunity cost of an additional 100 dolls is 100 fire trucks. b The opportunity cost of an additional 100 dolls is 50 fire
SVEN [57.7K]

Answer:

The correct answer is The opportunity cost of an additional 100 dolls increases as more dolls are produced.

Explanation:

The opportunity cost is understood as the cost incurred in making a decision and not another. It is that value or utility that is sacrificed for choosing an alternative A and neglecting an alternative B. Taking a path means that the benefit offered by the discarded path is waived.

In any decision taken there is an implicit waiver of the utility or benefits that could have been obtained if any other decision had been made.

For each situation there is always more than one way to address it, and each form offers a greater or lesser utility than the others, therefore, whenever one or the other decision is made, the opportunities and possibilities offered by the others will have been renounced, that may be better or worse (opportunity cost greater or lesser).

7 0
2 years ago
Jack's manufacture company have experienced inflation for the past three years as follows: the first year's periodic inflation r
ankoles [38]

Answer:

8.09%

Explanation:

Year          Inflation rate    1 + Inflation rate

1                     0.03                     1.03

2                     0.04                     1.04

3                         x                       1+x

Average rate  0.05                   0.05

1 + Average rate  = [(1+r1)*(1+r2)*(1+r3)]^(1/3)

1.05 = [1.03*1.04*(1*x)]^(1/3)

[1.0712*(1+x)] = (1.05)^3

[1.0712*(1+x)] = 1.157625

1 + x = 1.157625 / 1.0712

1 + x = 1.080681

x = 1.080681 - 1

x = 0.080681

x = 8.09%

Thus, the periodic Inflation rate in year 3 is 8.09%

5 0
2 years ago
Which of these lists correctly orders the binary
xz_007 [3.2K]

Answer:

the third option

Explanation:

Your welcome :)

5 0
2 years ago
Why is silk smooth ? A long thin fibers B genetic engineering C being harvested in the wild D being made by worms
Marysya12 [62]
A i think. Im not sure though.

3 0
3 years ago
Read 2 more answers
Scenario 1.1 The management of a multinational corporation establishes an efficient, specialized human resource (HR) department
Verdich [7]

Answer:

C. Personnel management

Explanation:

The personnel management, the HR it’s a transversal are inside the companies and its and important issue inside the company’s management, it is a reason because you have to improve the conditions to the employees and make more attractive the company allow that the best human capital be interesting in work to the firms that make these types of changes allows to get the best results thanks to the people that work for the organisation .

4 0
3 years ago
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