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Brums [2.3K]
3 years ago
13

You paid $35 for a ticket (which is non-refundable) to see spam, a local rock band, in concert on saturday. (assume that you wou

ld not have been willing to pay any more than $35 for this concert.) your boss called and she is looking for someone to cover a shift on saturday at the same time as the concert. you will have to work 4 hours and she will pay you time and a half, which is $9/hr. what is the opportunity cost of going to the concert?
Business
1 answer:
user100 [1]3 years ago
8 0
Your profit from not going to the concert would be $19 in profit but going woul cost you $19 so if you go to the concert you will be -$19 of what you gotten if
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Gale Corporation manufactures windsocks. The business recently decided to adopt an ABC system. The following activities have bee
solniwko [45]

Answer:

$270,000

Explanation:

The first step is to calculate the overhead cost of the material handling parts

Since each wind stock require 3 parts then the overhead cost can be calculated as follows

= 3 × 20,000

= 60,000

The overhead cost of machining hours can be calculated as follows

Since 5 minutes is spent in the machining department then overhead cost is

= 5× 20,000

= 100,000

The overhead cost of packaging number of finished units can be calculated as follows

= 2 × 20,000

= 40,000

Total overhead cost= 100,000 + 60,000 + 40,000

= 200,000

The total cost of direct materials and labor can be calculated as follows

= 3.5 × 20,000

= 70,000

Therefore the total cost of producing 20,000 windstocks is

= Total overhead cost + total cost of direct materials and labor

= 200,000 + 70,000

= $270,000

Hence the total cost of producing 20,000 windstocks is $270,000

5 0
3 years ago
Sampson Corp. had 500,000 shares of common stock outstanding at the beginning of the year. The average market price was $20. On
Ede4ka [16]

Answer:

c. 485,000

Explanation:

[(500,000 × 12) − (60,000 × 3)] / 12 = 485,000

4 0
3 years ago
Consumer consumption was encouraged by the extensive use of advertising and the use of __________ a practice that allowed a prod
vovikov84 [41]
Thank you for posting your question here at brainly. I hope the answer will help you. Feel free to ask more questions.

Consumer consumption was encouraged by the extensive use of advertising and the use of <span>the installment plan</span><span> a practice that allowed a product to be purchased using credit provided by the retailer.</span>
4 0
4 years ago
Carpet Woes. Beau went shopping at ABC Carpet. He saw some carpet he liked but could not make up his mind. The manager at ABC Ca
ella [17]

Answer: The court will apply the predominant-purpose test to determine whether the predominant purpose of the contract was the sale of goods in which case the UCC would apply.

Explanation:

Based on the information given in the question, we should note that the court will apply the predominant-purpose test to determine whether the predominant purpose of the contract was the sale of goods in which case the UCC would apply.

We should note that under a predominant purpose test, it will apply when the transaction involved is Mena for goods sales and not for the service sales.

4 0
3 years ago
Thrice Corp. uses no debt. The weighted average cost of capital is 8.4 percent. If the current market value of the equity is $16
In-s [12.5K]

Answer:

$1,369,200

Explanation:

Calculation for EBIT

Using this formula

Value of Equity= EBIT / WACC

Let plug in the formula

$16,300,000 = EBIT / .084

EBIT = .084($16,300,000)

EBIT = $1,369,200

Therefore EBIT is $1,369,200

3 0
3 years ago
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