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Rama09 [41]
3 years ago
7

Which of the following best describes an opportunity cost:

Business
1 answer:
MissTica3 years ago
3 0

Answer:

The answer is A.

Explanation:

Opportunity cost is the cost of an action that was not chosen or selected. It is also the cost of alternative forgone. For example, Mr A has two choices - taking employment of $20,000 per annum or being self-employed (setting up a farm that will generate $25,000 per annum). He decides to go for farming. The opportunity cost here is the cost of taking the employment ($20,000).

Opportunity cost is relevant in decision making. Companies use opportunity cost when making strategic or tactical decisions. There must be an alternative to every decision which must be considered before making a decision.

Though opportunity cost is a relevant cost but it is never shown on financial statement. It is never part of financial records.

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Ready Company has two operating (production) departments: Assembly and Painting. Assembly has 150 employees and occupies 44,000
Readme [11.4K]

Answer:

$77,000

Explanation:

Calculation to determine what The amount of maintenance expenses that should be allocated to the Painting Department for the current period is:

Administration=$80,000×[100/(150 + 100)] Administration=$32,000

Maintenance=$100,000×[36,000/(44,000 + 36,000)]

Maintenance=$45,000

Total$ 77,000

($32,000+$45,000)

Therefore The amount of maintenance expenses that should be allocated to the Painting Department for the current period is:$77,000

8 0
3 years ago
Un mito de 2 parrafos con su dibujo sobre los habitos saludables que debemos asumir para estar sanos, y tengo que colocar todos
barxatty [35]

En la madrugada del martes pude ver una escena curiosa, pero muy ennoblecedora que cambió por completo mi percepción del universo. No pude dormir y decidí salir a caminar por la casa de mi familia, tal vez un poco de aire fresco y en medio de la naturaleza me vendría bien. Me puse un abrigo y me fui. Hacía frío, casi helado, pero era agradable. En medio de mi caminata miré a mi alrededor y vi una luz verde que venía de la región donde habíamos plantado un huerto. Corrí hasta allí y me asombré cuando vi que de las lechugas salían pequeñas hadas brillantes. Me acerqué para escuchar lo que decían.

La primera hada dijo: "¡Oh! Pensé que nunca saldríamos a tiempo. Chicas, tenemos que encantar estas verduras antes de que los humanos se despierten. Sabes que estas verduras necesitan estar bien nutridas para que los humanos sean fuertes y saludables. nosotros vamos a organizar el trabajo. Tú, Juanita, traes todos los nutrientes del caldo. Mientras ella hace esto, le daremos brillo a las hojas para que las verduras sean muy bonitas, para atraer a los humanos. ¡No tenemos tiempo que perder! "

Las hadas empezaron a trabajar a una velocidad impresionante. Cuando terminaron su trabajo, desaparecieron como por arte de magia. Regresé a mi habitación con la sensación de que debía honrar el trabajo de las hadas, comiendo las verduras que tanto trabajaron para estar saludables.

5 0
3 years ago
A ____ is a value that the user enters whenever a query is run, which provides flexibility, enables users to access information
fomenos
A parameter is a value that the user enters whenever a query is run, which provides flexibility, enables user to access information easily, and costs less.

Hope this helps :)
~Davinia.
8 0
3 years ago
Farris Corporation, which has only one product, has provided the following data concerning its most recent month of operations:
krek1111 [17]

Answer:

$61

Explanation:

The computation of unit product cost for the month under absorption costing is shown below:-

Unit product cost = Direct material + Direct labor + Variable Manufacturing overhead + Fixed manufacturing cost

= $18 + $10 + $4 + ($255,200 ÷ 8,800)

= $61

Therefore for computing the unit product cost for the month under absorption costing we simply applied the above formula.

4 0
4 years ago
On January 1, 2018, the general ledger of Grand Finale Fireworks includes the following account balances:
Anit [1.1K]

Answer

The answer and procedures of the exercise are attached in the following image.

Explanation  

The journal record is attached.

Please consider the data provided by the exercise. If you have any question please write me back. All the exercises are solved in a single sheet.

7 0
3 years ago
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