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3 years ago

9

Opportunity cost __. A) is always the value of the next best forgone opportunity B) can only be measured as a paid cost C) does

not exist since there are no receipts D) is always the lowest valued alternative

1 answer:

Elden [556K]3 years ago

8 0

Answer:

A) is always the value of the next best forgone opportunity

Explanation:

Opportunity cost is always the value of the next best forgone opportunity.

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Jackpot Mining Company operates a copper mine in central Montana. The company paid $1,150,000 in 2021 for the mining site and sp

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Answer:

a. Determine the cost of the copper mine.

$2,104,430

b. Prepare the journal entries to record the acquisition costs.

Date X, 2021, acquisition of copper mine

Dr Copper mine 2,104,430

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Cr Asset retirement liability 324,430

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Cr Cash 150,000

Explanation:

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3 years ago

An assembly line with 30 activities is to be balanced. The total amount of time required for all 30 activities is 45 minutes. Th

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Answer:

The needed cycle time must be 1.4 min

Explanation:

Given:

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For finding cycle time,

From the formula of cycle time,

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$t ' = 1.4$ min

Therefore, the needed cycle time must be 1.4 min

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3 years ago