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Zina [86]
3 years ago
9

1. Question 1 Your aunt is thinking about opening a hardware store. She estimates that it would cost $500,000 per year to rent t

he location and buy the stock. In addition, she would have to quit her $50,000 per year job as an accountant. What is the opportunity cost of something
Business
1 answer:
Blizzard [7]3 years ago
7 0

Answer:

B. What must be given up to acquire it

Explanation:

The opportunity cost is the cost which is to be sacrificed to gain for some better option

Since in the given case the aunt is thinking to open a hardware store but it will cost her $500,000 for rent and the to purchase the stock

And, also she also have to quit her accountant job for $50,000

So in this option quitting the job is to be considered as an opportunity cost

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Fickel Company has two manufacturing departments—Assembly and Testing & Packaging. The predetermined overhead rates in Assem
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Answer:

Instructions are listed below.

Explanation:

Giving the following information:

The predetermined overhead rates:

Assembly= $22 per direct labor-hour

Testing & Packaging= $18.00 per direct labor-hour

The company’s direct labor wage rate is $24.00 per hour.

Job N-60:

Assembly:

Direct materials $390

Direct labor $228

Testing & Packaging:

Direct materials $45

Direct labor $132

1) To calculate the total manufacturing cost, first, we need to allocate overhead. To do that, we need direct labor hours for each department.

<u>Assembly:</u>

Direct labor hours= 228/24= 9.5

<u>Testing:</u>

Direct labor hour= 132/24= 5.5

Allocated MOH= Estimated manufacturing overhead rate* Actual amount of allocation base

Allocated MOH= 22*9.5 + 18*5.5= $308

Total manufacturing cost= direct material + direct labor + allocated overhead

Total manufacturing cost= (390 + 45) + (228 + 132) + (308)= $1,103

2) Unitary cost= 1,103/10= $110.3

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2 years ago
The management staff of a busy cafeteria have not been getting along well. to increase group cohesiveness, the general manager c
omeli [17]

<span>By criticizing each of the other managers' performance, and the overall operation of the cafeteria, the attempt of the general manager improve group cohesiveness among the management staff is based on the principle of OUTSIDE PRESSURE, which posits that groups that are pressured by outside forces tend to be more cohesive.</span>

4 0
3 years ago
Which of the following is not considered a credit?
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Answer:

which of the following is not considered a credit?

overdraft fee

Explanation:

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ABC Partnership has the following capital balances and profit and loss percentages. A (50%) $100,000 B (30%) $200,000 C (20%) $3
AVprozaik [17]

Answer:

Answer:

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Explanation:

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Explanation:

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To spur trade, four South American countries decide there will be no barriers to trade between the countries, agree on a common
Dmitriy789 [7]

Answer:

A free trade area

Explanation:

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The four South American countries have formed a free trade area. They have agreed to economic cooperation that allows free flow of trade among the nations. The countries have established a trading block that will spur economic growth in each of them.

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