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2 years ago

Which of the following constitutes an implicit cost to company A

Business

1 answer:

Anna [14]2 years ago

7 0

Answer:

Implicit cost to company A is:

D. value of the land owned by the company A

Explanation:

Implicit costs to company A will refer to the cost of resources already owned by the firm, which the company could have put to some other use. A good example is the value of the land owned by the company. This land could be put to another use, yielding some rent. It could also be sold outright. Its cost becomes implicit when the company uses it in its business. The land is not being held for sale.

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How much would it cost for Chester Corporation to repurchase all its outstanding shares if new brokerage fees totaled 1% of the

Vinvika [58]

Answer:

$78.0 million

Explanation:

Cost of repurchase = Number of shares*Share price/(1-1%)

Cost of repurchase = $3,352,720 * $23.02/(1-1%)

Cost of repurchase = $3,352,720 * $23.02/(1 - 0.01)

Cost of repurchase = $3,352,720 * $23.02/0.99

Cost of repurchase = $3,352,720 * $23.25

Cost of repurchase = $ 77,950,740

Cost of repurchase = $78.0 million

6 0

2 years ago

Altima, Inc. finished Job A40 on the last working day of the year. It utilized $ 360 of direct materials and $ 2 comma 030 of di

Anastasy [175]

Answer:

C. debit to Finished Goods Inventory $ 3 comma 202 and a credit to Work minus Process Inventory $ 3 comma 202

Explanation:

The journal entry is shown below:

Finished goods inventory A/c Dr $3,202

To Work in process inventory A/c $3,202

(Being the job is completed)

The computation is shown below:

= Direct material cost + Direct labor cost + manufacturing overhead cost

= $360 + $2,030 + $2,030 × 40%

= $360 + $2,030 + $812

= $3,202

3 0

3 years ago

Omega Custom Cabinets produces and sells custom bathroom vanities. The firm has determined that if it hires 10 workers, it can p

adell [148]

Answer:the correct answer is A. For the 11th worker, the marginal profit is $600.

Explanation:

10 men 20 vanities per week

11 men 22 vanities per week

1 man more 2 vanities more

If the company uses 1 man more produces 2 vanities more, so the company spends $1000 on the extra man and makes 2*$800= $1,600 (for two extra vanities). For the 11th worker, the marginal profit is = $1600-$1000= $600

6 0

3 years ago

Monica, a doctor, owns a small health care clinic that serves underserved people in a lower-income neighborhood. What type of

kogti [31]

Answer:

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2 years ago

The economizing problem is essentially one of deciding how to make the best use of Group of answer choices limited resources to

IceJOKER [234]

Answer:

limited resources to satisfy virtually unlimited wants.

Explanation:

The economic issue is basically that of determining whether to allow the most use of finite capital to meet limitless human needs.

Person has limitless wishes, which are seldom fulfilled, in economics studies involve how to offer greater pleasure with limited resources or how to allow effective use of limited resources.

5 0

3 years ago