Answer: $80
Explanation:
Since the fixed costs are $180,000 and variable costs are $540,000, then the total cost will be:
= Fixed cost + Variable cost
= $180000 + 540000
= $720000
Since there are 9000 units, then the unit sales price will be:
= $720000 / 9000
= $80
The unit sales price is $80
Answer:
The idea behind opportunity cost is that the cost of one item is the lost opportunity to do or consume something else; in short, opportunity cost is the value of the next best alternative. Click to see full answer Herein, what is opportunity cost give example? Opportunity cost is the profit lost when one alternative is selected over another.
Explanation:
<span>Catherine will lose the case since she did not sustain any damages. However, there is a slim (and very unlikely) chance that T</span>om's will might agree to settle if Catherine claims damages in terms of emotional trauma.
Answer:
c. 900 credit
Explanation:
Account payable is a liability account and as such, the normal balance is in credit.
Opening balance = $1,000
Debit postings represents settlement of account payable.
Debit posting = $600
Credit postings are additions to the liability
Credit postings = $500
Ending balance = - $1,000 + $600 - $500
= -$900
Ending balance is a credit of $900. c. 900 credit
