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Delvig [45]
3 years ago
12

Esther and Ebenezer produce hamburgers and hot dogs. Esther can produce six hamburgers per hour or four hot dogs per hour. Ebene

zer can produce three hamburgers per hour or one hot dog per hour. Based on the scenario, Ebenezer’s opportunity cost of one hot dog is ________ hamburgers.
Business
1 answer:
Oksanka [162]3 years ago
3 0

Answer:

The correct answer is Three.

Explanation:

Opportunity cost is defined as what it costs us to decide on a decision and what it costs us to carry it out. In this case Esther produces 6 hamburgers per hour and Ebenezer 3; if it were decided to choose the latter, they would stop producing 3 hamburgers since Esther produces double. This would be the opportunity cost.

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Which of the following is true concerning cost drivers for the predetermined overhead rate in a process-costing system?
Georgia [21]

Answer and Explanation:

c. If direct labor cost is the cost driver, direct labor and manufacturing overhead may be combined into the single element of conversion cost.

5 0
3 years ago
Supervisors counting cash receipts daily is an example of:.
netineya [11]

Answer:

Independent internal verification

Explanation:

3 0
2 years ago
Proprietary funds are required to present four basic financial statements—a Statement of Net Position, a Statement of Changes in
SpyIntel [72]

Answer: False

Explanation:

The Basic Financial Statements for a Proprietary Fund includes:

1. Statement of net position

2. Statement of revenues, expenses

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4 0
3 years ago
The Parvizians own several oriental rug stores in and around the Washington, DC, metropolitan area. It is expected that as each
Alex777 [14]

Answer:

The correct answer is (b)

Explanation:

It is generally said that if you’re in a family business you are in a partnership. The partvizians is a family which owns several rug stores. When their children will take over the business they will be considered partners. They will own the business equally and they will share the profits and losses.  It is also known as a family-owned business where two or more family members run a business and act as business partners.

6 0
3 years ago
Company X just paid $1.95 to its shareholders as the annual dividend. Simultaneously, the company announced that future dividend
Llana [10]

Answer:

The fair price of stock today is $48.425 and that is the most one should be willing to pay today.

Explanation:

The company's dividend will grow at a constant rate of 4.3% which means that the constant growth model of Dividend Discount Model will be used to calculate the price of a stock today.

The formula for Constant growth model is,

P0 = D0 (1 + g) / r - g

Where,

  • D0 is dividend today
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  • g is the growth rate in dividend

P0 = 1.95 * (1+0.043) / 0.085 - 0.043

P0 = $48.425

3 0
3 years ago
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