All categories

4 years ago

You were planning to spend Friday working at your part-time job, but a friend asks you to go kayaking.

1 answer:

N76 [4]4 years ago

7 0

The statement that applies are the rental of ant kayak equipment you need the wages that you forgo by going kayaking and the fee for accessing the river in a national park

Explanation:

The true cost for going to a particular place includes all that costs that are included from moving to a place that includes all the wages and the vehicle cost

Here the opportunity costs includes the fee to go to the national park by crossing the river and the amount that is needed to be spent on the equipment and the wages that must be forgo by going to kayaking all these statements best includes the true costs of going to kayaking

You might be interested in

Tracy Company, a manufacturer of air conditioners, sold 270 units to Thomas Company on November 17, 2021. The units have a list

tiny-mole [99]

Answer:

See explanation section

Explanation:

Requirement 1

November 17, 2021 Merchandise Inventory Debit $81,000 (Note - 1)

Accounts payable - Tracy Company Credit $81,000

Calculation - $270 units × $400 = $108,000

$108,000 × (100 - 25)% = $81,000

To record the purchase of office equipment on account with a trade discount and a credit terms of 3/10, n/30. As the company uses perpetual inventory system, merchandise inventory is debit.

November 26, 2021 Accounts payable - Tracy Company Debit $81,000

Cash Credit $78,570

Merchandise Inventory Credit $2,430

As Thomas gave the payment within 10 days, Tracy Company provided a 3% discount according to the terms.

Calculation - $81,000 - ($81,000 × 3)% = $81,000 - 2,430 = $78,570

Requirement 2

If Thomas paid on December 15, 2021, Tracy company would not give any discount. However, Thomas paid within 30 days.

Therefore, the journal entry to record the payment is as follows:

December 15, 2021 Accounts payable - Tracy Company Debit $81,000

Cash Credit $81,000

This time he did not receive the discount as he failed to pay within 10 days to get discount.

7 0

4 years ago

People in emerging countries today are becoming increasingly health conscious and are seeking healthy food choices. as a result,

Stells [14]

People in emerging countries today are becoming increasingly health conscious and are seeking healthy food choices. as a result, demand for healthy foods is rising steadily, creating an opportunity for marketers to exploit this need market. Needs range from basic survival desires satisfied by using necessities, to cultural, highbrow, and social desires satisfied with the aid of necessaries.

3 0

3 years ago

Below is the aging of receivables schedule for Evers Industries. Aging-of-Receivables Schedule November 30 Customer Balance Not

Murrr4er [49]

Answer:

uncollectible ammount expense 47,972 debit

allowance for doubtful account 47,972 credit

Explanation:

Fro mthe talbe we are given the amount of account over-time fro meach customer.

As we are presented with all date we should proceed directly with the journal entry:

the aging method stated an allowance of 60,727

the current balance is for (12,755)

the adjustment will be for: 47,972

5 0

4 years ago

Marcus is on a team to plan volunteer opportunities for employees in the company. His role is to handle public communications ab

arsen [322]

Answer:

Marcus should control his emotions

Explanation:

It is natural for Marcus to become angry because of Amy's action. Nonetheless, as team member, he will need to control himself, to be effective as such. Lest such furiosity turn out to become a chaos in a work environment and hinder efficiency, consequently frustrating the aim of the team.

4 0

4 years ago

Quality Bike Maps has produced four map designs for the local area. A limited amount of time (in minutes) is allocated to the pr

stich3 [128]

Answer:

since 1 <= allowable increase

optimal solution won't change

hence

1500 * 1 + 1000*1 + 1000*2 + 2833.33* 3

= 13000

Note: Complete question is added in the attachment

8 0

3 years ago