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grigory [225]
3 years ago
7

You make $45,000 per year at your current job with Whiz Kids Consultants. You are considering a job offer from Brainiacs, Inc.,

which would pay you $50,000 per year. Which of the following are elements of the opportunity cost of accepting the new job at Brainiacs, Inc.? Answer yes or no, and explain your answer.a. the increased time spent commuting to your new jobb. the $45,000 salary from your old jobc. the more spacious office at your new job
Business
1 answer:
DIA [1.3K]3 years ago
5 0

Answer:

(a) Yes. It is an opportunity cost of new job because the additional time he spent commuting is a cost, as he can utilize that time in doing something else.

(b) Yes. It is also an opportunity cost because if a person wants to join a new job then he have to give up his current job. So, the earning of $45,000 from his current job is the opportunity cost of accepting the new job.

(c) No. It is not an opportunity cost but it is an additional benefit from the new job because he is not sacrificing anything to obtain this benefit.

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. The organizers of a conference in the Houston Convention Center are evaluating the possibility of setting up a computer area w
Mars2501 [29]

Answer:

They would need to have at least 3 computers

Explanation:

According to the given data we have the following:

Arrival rate = 15 persons per hour

Servicing rate = 60 / 10 = 6 persons per hour with one computer

Servicing rate with x number of computers = 6x per hour

Servicing rate at 90% utilisation = 6x (0.90) = 5.40x per hour

Therefore to service 13 arrivals per hour, we will need x computers = 15/ 5.40 = 2.78

With 2 computers, the service capacity will be 12 per hour and the utilisation will be 15/12 = 125%, which exceeds the organiser’s standard of 90% utilization.

With 3 computers, the service capacity increases to 18 persons per hour. If only 13 persons arrive, the utilisation rate will be 15 / 18 = 83.33%, below the required maximum of 90% utilisation.

Therefore, the 2.78 can be rounded off to next whole number 3 computers

4 0
3 years ago
Read 2 more answers
g Sparky Corporation uses the FIFO method of process costing. The following information is available for February in its Molding
FromTheMoon [43]

Answer:

Total equivalent unit of material =   140,000 units

Explanation:

<em>Equivalent units are used to apportion cost between completed units and work in progress. They represent notional whole units which represent incomplete work. </em>

<em>Under the first in first method , to account for completed units during a production period the opening inventory units are assumed to completed first before newly the newly introduced units.</em>

<em>So we can work out the equivalents units as follows:</em>

<em>Fully worked units :These represent units started this period of production and completed in the same period. This is given as 110,000 units</em>

Equivalent units (EU)

<em>Item                           unit          Workings               EU</em>

Opening inventory     25,000     0% × 25,000     =   0

Fully worked            110,000    100% × 110,000 =   110,000

Closing inventory    30,000      100%× 30,000 =   <u>30,000</u>

Total equivalent unit of material                           <u>140,000</u>

<u />

<em>Note that for the opening inventory already 100% material work has been done the preceding period , so there wont be any work left to be done in respect of materials.</em>

5 0
3 years ago
You are the beneficiary of a life insurance policy. The insurance company informs you that you have two options for receiving th
lara [203]

Answer:

E. You should accept the $200,000 because the payments are only worth $195,413 to you today

Explanation:

We solve for the presnet value of an annuity of 20 year of $1400 at 0.5% discount rate

C \times \frac{1-(1+r)^{-time} }{rate} = PV\\

C 1,400.00

time 240 (20 years x 12 month per year)

rate 0.005 (6% / 12 monhts = 0.5% = 0.5/100 = 0.005)

1400 \times \frac{1-(1+0.005)^{-240} }{0.005} = PV\\

PV $195,413.0804

7 0
3 years ago
Dr. weiss is a research scientist with a major pharmaceutical company. in his position he has great flexibility in determining h
chubhunter [2.5K]
<span>d. achievement-oriented
       The Path-Goal Theory states that Dr. Weiss would respond best and benefit most from an achievement-oriented leadership style. An achievement-oriented leader sets high goals for their employees and expects them to perform at their best. The employees are not told the specific ways to meet these high goals, being expected instead to use their own abilities to figure out how. An achievement-oriented leadership style is known to work for sales and especially scientific fields, such as the one that Dr. Weiss works in.</span>
6 0
3 years ago
Fill in the missing amounts.
love history [14]

Let understand that the organized table are intended to calculate missing numbers on Income Statement for the two companies are drawn below.

  • Here, we are calculating missing columns for Monty Corp. and Whispering Winds Corp.

  • Also understand that the bold numbers are the columns calculated according to the question.

Particulars                             Monty Corp.    Whispering Winds Corp.

Sales revenue                         $90,000                $111,000

Sales return and allowance   <u>$6,000</u><u>  </u>                 <u>$5,000</u>

Net sales                                 $84,000                 $106,000

Cost of goods sold                 <u>$53,760 </u>                <u>$65,720</u><u>   </u>

Gross profit                             $30,240                 $40,280

Operating expenses               <u>$15,120 </u>                 <u>$19,080 </u>

Net income                              <u>$15,120</u><u> </u>                 <u>$21,200</u>

In conclusion, the formulae used to derived the bolded answers are:

  • Sales revenue - Net sales = Sales returns and allowance
  • Net sales - Cost of goods sold = Gross profit
  • Gross profit - Operating expenses = Net income
  • Net sales + Sales return and allowance = Sales revenue
  • Net sales - Gross profit = Cost of goods sold
  • Gross profit - Net income = Operating expenses

See similar solution here

<em>brainly.com/question/15062414</em>

4 0
2 years ago
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