Answer:
$6400
Explanation:
Working capital is the net of current asset and current liabilities. it is a financial measure that gives insight into how liquid a company is considering that it shows whether or not the current assets can be used to settle the current obligations or liabilities of the company adequately.
The change in property, plant, and equipment of $48,000 is not an element of working capital, Hence change in working capital
= $8700 - $2300
= $6400
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Answer: This is the type of cost known as Sunk.
- sunk cost is a cost that has already been incurred and cannot be recovered. Sunk costs are contrasted with prospective costs, which are future costs that may be avoided if action is taken.
- A sunk cost refers to money that has already been spent and which cannot be recovered. ... Sunk costs are excluded from future business decisions because the cost will remain the same regardless of the outcome of a decision.
- The sunk cost effect is manifested in a greater tendency to continue an endeavor once an investment in money, effort, or time has been made. Evidence that the psychological justification for this behavior is predicated on the desire not to appear wasteful is presented.
Answer:
a. Dish-washer
b.
1. Capacity
2. Energy saving considerations
3. Price
Explanation:
a
Shopping is the activity of selection and assessment of retail goods with the intention of purchasing. It always involves the process of comparison of the goods based on; availability, usability, price, and quality. An example of a shopping good is a dish-washer. A dish water is an automated machine that does the activity of washing dishes.
b.
Before going for shopping of a good, such as a dishwasher, its is advisable to do some research on the type of dish washer you want and the cost implications. It would also be important to know where the dish washers would readily be available. The following factors should be considered when a person is going to buy a product, namely;
1. Capacity: the capacity relates to the size of the dish washer and the quantity of dishes that it can take at a time. The capacity should be judged by the number of people that will be permanently residing in the house. In general there two types of capacity; standard capacity and compact size. A standard capacity size is good for a big family while a compact size dish washer is good for a couple or even someone who stays alone. Since you stay alone, a compact size would be recommended.
2. Energy saving considerations: a dishwasher that is certified by the Consortium of Energy Efficiency is one that has energy saving features. These features use lesser energy compared to other machines and can save one a lot of money in terms of electricity bills.
3. Price: the choice of the dish washer should be within the amount of money the buyer is willing to spend. Research showed that, the larger capacity dish washer was more costly than the compact size dish washer. The compact size dish washer price was within the buyers budget.
Answer:
$43.70
Explanation:
Data provided
Each Unit Require = 2.3 hours
Direct Labor Rate Per Hour = $19.00
The computation of budgeted direct labor cost per unit is shown below:-
Budgeted direct labor cost per unit = Each Unit Require × Direct Labor Rate Per Hour
= 2.3 hours × $19.00 rate per hour
= $43.70
Therefore for computing the budgeted direct labor cost per unit we simply multiply the each unit require with direct labor rate per hour
