Answer:
a)
Total relevant cost
unit level materials 7,500
unit level labor 8,250
unit level overhead 5,250
product level cost(13,500*1/3) 4,500
Total relevant cost 25,500
cost of buying (10,000*3)=
30,000
Should Omron continue to make the containers Yes
Supply restricted program heavily reduce the amount of products that sold in the market (that mostly came from import) in order to increase the price and income for local business.
But one thing that needed to be considered is, when the price is increased, the demand for that product will decrease at the same time, so eventually the sellers will have to bring the price down again to increase the demand.
Answer:
D. The amount a company originally paid for specialized equipment for a plant.
Explanation:
A sunk cost is the expenditure that a company has already incurred and cannot be retrieved or taken back. In other words, a sunk cost can be defined as the expenditure that is already paid and cannot be taken back.
Among the given options, an example of a sunk cost is the amount a company paid for specialized equipment. This is a prepaid amount that cannot be canceled or taken back, resulting in a fixed expenditure and can no longer be recovered.
Thus, the correct answer is option D.
Answer: The supply of beef would increase, decreasing beef prices.
Explanation: if there is a decrease in the price of the feed grains used to feed cattle, it would leads to an increase in the supply of beef in the market and consequently decrease the price of beef in the market. It would result to an increase in the supply of beef because the cattle rearers would have enough feeds for the cattle which will make them grow faster.
