Answer:
B. the highest valued alternative that must be given up to engage in an activity.
Explanation:
Opportunity Cost is the cost of next best alternative foregone while choosing an alternative.
Eg1: If I like Chapati more than rice & rice more than curd, the opportunity cost of consuming chapati is the next best option i.e rice.
Eg2 : Working as school teacher with salary 20000, next best option salary as coaching tutor i.e 10000 is the Opportunity Cost
A is inapt : Opportunity cost can be monetary or non monetary. Eg2 has monetary opportunity cost. But, Eg 1 has opportunity cost in terms of rice' (sacrifised) satisfaction.
C is inapt : Opportunity cost is only the cost of next best alternative & not all alternatives. Eg1 - Curd i.e 3rd best option after chapati, is not the opportunity cost after chapati.
Answer:
true
Explanation:
true<em> </em><em>yh </em><em>no </em><em>chang</em><em>e</em><em>s </em><em>true</em><em> </em><em>all </em><em>the</em><em> way</em>
Answer:
The correct answer is C.
Explanation:
Giving the following information:
Barrington Bears has developed the following sales forecasts for January 500 units.
BB has 80 bears on hand on Dec. 31. The normal ending inventory policy is to hold 20% of next month’s sales.
Direct labor is paid $18 per hour. Each bear takes 40 minutes to hand-finish. Variable overheads total $21 per direct labor hour. Fixed overheads amount to $25,000 per month.
First, we need to calculate the production for January.
Sales= 500 units
Ending inventory= (600*0.2)= 120 units
Beginning inventory= 80 (-)
Total= 540 units
Conversion costs= direct labor + manufacturing overhead
Direct labor= [(40/60)*540]*$18= $6,480
Variable overhead= 21*360 hours= $7,560
Fixed overhead= $25,000
Total conversion costs= $39,040
Answer:
2nd option is correct.
Explanation:
Variable over head = (Actual Qty. - Standard Qty. ) * Standard cost
Efficiency variance
= (10125-9000) * 30
= $ 33750 (Un-Favorable)
2nd option is correct.
Variance is unfavorable because actual quantity used to produce is more than budgeted quantity allowed at that level of production.
A pretexter is a person who calls your bank or other financial institution pretending to be you or someone else who is authorized on the account.
What is pretexting?
- Pretexting is the act of creating and using an invented scenario (the pretext) to engage a targeted victim in a manner that increases the chance the victim will divulge information or perform actions that would be unlikely in ordinary circumstances.
- An elaborate lie, it most often involves some prior research or setup and the use of this information for impersonation (e.g., date of birth, Social Security number, last bill amount) to establish legitimacy in the mind of the target.
- As a background, pretexting can be interpreted as the first evolution of social engineering, and continued to develop as social engineering incorporated current-day technologies. Current and past examples of pretexting demonstrate this development.
- This technique can be used to fool a business into disclosing customer information as well as by private investigators to obtain telephone records, utility records, banking records and other information directly from company service representatives.
- The information can then be used to establish even greater legitimacy under tougher questioning with a manager, e.g., to make account changes, get specific balances, etc.
- Pretexting can also be used to impersonate co-workers, police, bank, tax authorities, clergy, insurance investigators or any other individual who could have perceived authority or right-to-know in the mind of the targeted victim.
- The pretexter must simply prepare answers to questions that might be asked by the victim. In some cases, all that is needed is a voice that sounds authoritative, an earnest tone, and an ability to think on one's feet to create a pretextual scenario.
To learn more about Pretexting: brainly.com/question/10311345
#SPJ4
