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3 years ago

Which of the following has the largest impact on opportunity cost?

Business

2 answers:

Mrrafil [7]3 years ago

6 0

Consumer wants because the want of people are very greedy and needs to be decreased but it’s not so it’s at its largest

kow [346]3 years ago

5 0

Answer: Limited resources

Explanation: Limited resources means there is less resources available to the consumers. Scarce resources causes firms to make a choice resulting in opportunity cost. If the consumers money and attention is limited then they must make trade offs.

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Bodin Company manufactures finger splints for kids who get tendonitis from playing video games. The firm had the following inven

Ilia_Sergeevich [38]

Answer:

Raw Material $191,000

Direct labor $300,000

Actual manufacturing overhead $170,000

Actual selling and administrative expenses $115,000

The company applies manufacturing overhead at the rate of 60 percent of direct-labor cost.

Prime Cost = Direct Material + Direct Labor

Prime Cost = $191,000 + $300,000 = 491,000

Cost of goods manufactured $

Direct material $191,000

Add: Direct Labor $300,000

Add: Manufacturing overhead $170,000

Manufacturing cost $661,000

Manufacturing cost $661,000

Add: Work in process inventory at January 1 $235,000

Less: Work in process inventory at January 31 $251,000

Cost of Goods Manufactured $645,000

Cost of Goods Manufactured $645,000

Add: Finished Good inventory at January 1 $125,000

Less: Finished Good inventory at January 31 $117,000

Cost of Goods Sold $653,000

Manufacturing overhead Account Balance

Actual overhead = $175,000

Manufacturing overhead = $180,000 (300,000 x 60% )

Over applied manufacturing overhead = $180,000 - $175,000

Over applied manufacturing overhead = $5,000

* Data was missing for the calculations, complete question is attached with this answer, Please find that.

3 0

3 years ago

2. From 4 E's to addressing corporate strategy, provide four examples from each of the 4E's of known big companies adopting thes

Solnce55 [7]

Explanation:

any one use inst agrambbhuhbbbbbbbh

4 0

3 years ago

Determine which of the following statements is correct regarding the relationship of ending inventory and beginning inventory.

antiseptic1488 [7]

The ending inventory of the previous period is the beginning inventory of the current period.

Beginning inventory is the amount of a product. A commercial enterprise has in stock at the start of an accounting length which includes a month or 12 months. due to the fact each accounting length connects to the subsequent, the beginning inventory of one length will be similar to the ending inventory of the previous.

Beginning inventory, or opening inventory, is your inventory cost at the beginning of an accounting duration. For that reason, finishing inventory, or last inventory is the cost of the stock at the top of an accounting duration.

Ending inventory is the value of goods nevertheless available for sale and held via a business enterprise at the end of an accounting length. The dollar amount of ending stock may be calculated by the usage of multiple valuation techniques.

Learn more about Beginning inventory here: brainly.com/question/24868116

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6 0

2 years ago

Based on the following information, determine the location quotient for KuDu City and whether this city has a competitive advant

Nata [24]

Answer: 7.24

Explanation:

The location quotient for this question can be calculated by;

= ( Employment in Amusements and Recreation in KuDu City / Total Employment in KuDu City) / (Employment in Amusements and Recreation (nationally) / Total Employment (nationally))

= (54,446/578,477) / (1,381,377/ 106,201,232)

= 7.2359

= 7.24

5 0

3 years ago

For example, in 2012, each of the 80 billion pieces of advertising brought 21 cents in revenue, compared to 42 cents for first-c

yaroslaw [1]

Answer:

Returns

Explanation:

Returns on an investor is the amount of profit or gain an outlay of cash is able to bring at the end of a period.

Rate of returns on invested funds is used as a yardstick by potential investors in deciding which enterprise to fund.

In the given instance where each of the 80 billion pieces of advertising brought 21 cents in revenue, a better replacement for the word revenue is return.

So returns of funds invested on each piece of advertising is 21 cents.

6 0

3 years ago