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d1i1m1o1n [39]
3 years ago
14

The house that Jeanne inherited from her mother can rent for $1500/month, but Jeanne decides to allow her brother to stay there

for only $500 per month. This decision carried with it a
a) $500 per month monetary cost but a $1500 per month opportunity cost. b) zero monetary cost but a $1000 per month opportunity cost. c) $1000 per month monetary and opportunity cost.
Business
1 answer:
OLga [1]3 years ago
4 0

Answer:

The correct option is B,zero monetary cost but a $1,000 per month opportunity cost

Explanation:

Monetary cost also known as explicit cost is the actual costs incurred in running a business.But the business in this case is renting of the property,frankly speaking, Jeane has not incurred any cost in her property business,hence monetary cost is zero.

Opportunity is the cost or benefits from alternative course of action. Jeane not renting out the property on commercial basis is the alternative course of action in this case.Since the commercial letting gives $1500 and the letting to her brother gives $500, the difference between the two rents is $1000 which is benefits forgone from letting the house to her brother,that is the opportunity cost.

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Bulldog, Inc. has budgeted sales for the first quarter of the next year to be 30 comma 000 units. The inventory on hand at the b
Nadya [2.5K]

Answer:

30,000 units

Explanation:

Budgeted sales is 30,000 units

Beginning inventory = 5000 units

Ending inventory = 5000 units

In order to meet the sales of 30,000 units, the sum of budgeted production and beginning inventory must be at least 30,000 units. However, since the company desires to have 5000 units in ending inventory, this sum must be raised to 35,000 units, which means the production needs to 30,000 units

--> Budgeted production = 30,000 + 5000 - 5000

                                         = 30,000 units

6 0
3 years ago
Data generalizability is the: A) degree to which the data is an accurate portrait of the target population. B) degree to which a
il63 [147K]

Answer:

The answer is: A) degree to which the data is an accurate portrait of the target population.

Explanation:

To explain data generalizability I like to use election polls as an example. There are over 200 million voters in the US, and polls only cover a few thousands of voters, it is impossible to survey the whole population. Data generalizability refers to how well does the election polls reflect the real outcome of an election. Can the data sample used in the polls serve as a true parameter to know the real outcome of the election? Some polls are accurate and others aren't, accurate polls have high data generalizability.

8 0
3 years ago
an Corporation of Japan has two regional divisions with headquarters in Osaka and Yokohama. Selected data on the two divisions f
irinina [24]

Answer:

Part 1 - ROI

In terms of Margin :

Division Osaka  = 20 %

Division Yokohama  = 14 %

In terms of Turnover :

Division Osaka  = 400 %

Division Yokohama = 200 %

Part 2 - Residual Income

Division Osaka = $182,000

Division Yokohama  = $210,000

Explanation:

<em>Return on investment (ROI) = Divisional Profit Contribution / Assets Employed in the division x 100</em>

In terms of Margin :

Division Osaka = $ 455,000 / $ 2,275,000 x 100 = 20 %

Division Yokohama = $ 1,470,000/ $ 10,500,000 x 100 = 14 %

In terms of Turnover :

Division Osaka = $ 9,100,000 / $ 2,275,000 x 100 = 400 %

Division Yokohama = $ 21,000,000/ $ 10,500,000 x 100 = 200 %

<em>Residual income = Controllable Profit - Cost of Capital Charge on Controllable Investment</em>

Therefore,

Division Osaka = $ 455,000 - $ 2,275,000 x 12 % = $182,000

Division Yokohama = $ 1,470,000  - $ 10,500,000 x 12 % = $210,000

8 0
3 years ago
​Disney's Hong Kong Disneyland and Shanghai Disneyland work in combination with the Chinese governmentdashowned Shanghai Shendi
aalyn [17]

Answer:

Joint ownership

Explanation:

A sort of ownership of real or Personal Property by at least two people in which each claims a unified enthusiasm for the entirety.

he people, who are called joint occupants, share equivalent responsibility for property and have the equivalent, unified right to keep or discard the property.

Example :

Two colleagues may together claim a business property. In the event that two people own any organization and one of them was died then  the entire of the complex has a place with the co-proprietor, and not the decedent's beneficiaries.

8 0
3 years ago
Kesterson Corporation has provided the following information: Cost per Unit Cost per Period Direct materials $ 6.20 Direct labor
Ludmilka [50]

Answer:

Indirect manufacturing cost=  $22100

Explanation:

We are provided with the following information:

Direct materials $ 6.20

Direct labor $ 3.10

Variable manufacturing overhead $ 1.35

Fixed manufacturing overhead $ 14,000

Sales commissions $ 1.50

Variable administrative expense $ 0.40

Fixed selling and administrative expense $ 4,500

6,000 units are produced

Indirect manufacturing cost= variable overhead + fixed manufacturing overhead= 1,35*6000+14000= $22100

5 0
3 years ago
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