Answer:
Explicit costs are the costs which requires the money to pay.
On the other hand, implicit costs refers to the benefit that is foregone by choosing some other work or doing some other activity.
Therefore,
Explicit costs are as follows:
1. Wages pays to his hired hand
2. Buys feed for his cows.
3. Gas expense that is used in truck
Implicit costs are as follows:
1. Foregone income of $27,000 from working at a dairy plant as a technician.
2. Time taken for extracting milk from all the cows.
Answer:
b. progressive tax
Explanation:
Answer for Apex hope it helps :)
Answer:
$234,615.38
Explanation:
The computation of the break-even in sales dollars for Division Q is shown below:
Contribution Margin Ratio for the Division Q is
=Contribution Margin ÷ Sales × 100
= $187,720 ÷ $361,000
= 52%
ANd, Traceable fixed expenses = $122,000
Now
break-even in sales dollars for Division Q is
= Traceable Fixed Cost of Division Q Contribution Margin Ratio for the Division Q
= $122,000 ÷ 52%
= $234,615.38
Answer: B) consult an attorney and put their agreement in writing.
Explanation:
As soon as they have agreed to form a partnership, they should put this on paper to finalize it properly and give it more legal standing.
They do this by consulting an attorney who will then put the agreement to writing. This agreement will show what is expected of both parties and will be fully enforceable. It would also help in filling the requisite documents for the formation of the music school.
You will be open to more jobs. Also you will meet new people and make new friends. You could have many opportunities. Finally it helps your brain grow and not deplete ( not forget easier).
