Answer:
117,000 adjusted COGS
Explanation:
35,000 + 136,000 = 48,000 + COGS
COGS = 123,000 before adjustment
overapplied overhead for 6,000
This means the applied is higher than actual expenses, the cost is 6,000 lower we must decrease the COGS
123,000 - 6,000 = 117,000 adjusted COGS
it can help certain families
it serves as an employment incentive
it is a common reference with hiring in other jobs
it can also be helpful depending on the type of market
Answer:
The correct answer is the opportunity cost of producing a good.
Explanation:
The production possibility curve or frontier shows all the different bundles of two goods that can be produced using the given resources.
The opportunity cost of a good is the amount of other good sacrificed to produce this one.
The slope of production possibility curve represents the opportunity cost of producing a good.
