Answer:
- $250
Explanation:
The economic profit calculation is presented below:
= Total revenues - explicit cost - implicit cost
where,
Total revenues = Explicit revenue × implicit revenue
= $15 × 50 items
= $750
Explicit cost = $200
Implicit cost = $20 × 40 hours = $800
Now place these values in the formula above
So the value would be equal to
= $750 - $200 - $800
= - $250
Answer:
$187,975
Explanation:
Calculation to determine The cash payments expected for Finch Company in the month of April
Cash Payment= 3/4 *$198,500 (May's manufacturing cost)+1/4 *$156,400 (April's manufacturing cost received in May)
Cash Payment=$148,875+$39,100
Cash Payment=$187,975
The The cash payments expected for Finch Company in the month of April are $187,975
Answer: Sunk cost
Explanation:
A sunk cost is a cost that an individual, firm or the government has already incurred and therefore can't be recovered anymore.
For example, marketing campaign expenses, rent or the money that is spent on purchasing new equipment can all be referred to as sunk costs as they are past cost and can't be recovered again.
Answer:
mowing laws or asking to clean houses
hope this helps
have a good day :)
Explanation:
