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3 years ago

A relevant cost is:_______.

Business

1 answer:

NNADVOKAT [17]3 years ago

3 0

Answer:

b. A cost that differs across decision alternatives.

Explanation:

When managers make business decisions, some costs are incurred when such decisions are made. They are called relevant cost. The main purpose of relevant cost is to avoid duplication of data that are not necessary, which could further make business decisions complicated.

Example of relevant cost is when a business or an organization checks whether or not to sell a business unit. The cost incurred in such decision is called relevant cost.

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Two options are available for painting your house: (1) oil-based painting, which costs $4,800 and (2) water-based painting, whic

Arturiano [62]

Answer:

The answer is "Option C".

Explanation:

If options of different retained earnings are assessed, it must use the corresponding annual cost method for drawing a concrete conclusion. As per the task, which is defined in the attached file please find it.

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3 years ago

Megan is a graduate student pursuing a course in business. Presented with the case of a company's unethical behavior, Megan wond

liberstina [14]

Answer:

B) should ask the CEO to step down because it has a greater obligation toward society.

Explanation:

The concept of value creation in a business is more than simply increasing profits, it is about creating value for the company's customers and society as a whole. This concept is best illustrated by engaging in practices that reduce pollution or other business decisions like not buying from foreign vendors that employ forced child labor. Sometimes certain business practices are so evil that they are outlawed, e.g. buying conflict or blood diamonds, but Belgian diamond markets are still full of them. The final decision is ours, and as customers we have the power to decide which companies we support.

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4 years ago

1. Wholesale Banners pays $ 240 comma 000 cash for a group purchase of land, building, and equipment. At the time of acquisiti

d1i1m1o1n [39]

Answer:

To journalize the lump-sum purchase;

Item Value

Land $24,000

Building value $144,000

Equipment value $72,000

Lump-sum value $240,000

Explanation:

Step 1: Determine the total market value of the acquisition

Total market value=land+building+equipment market value

where;

land market value=$25,000

building market value=$150,000

equipment market value=$75,000

replacing;

Total market value=25,000+150,000+75,000=$250,000

Step 2: Determine the proportion of market value that contributes to the lump-sum

Land value=(land market value/total market value)×lump-sum

Land value=(25,000/250,000)×240,000=$24,000

Building value=(Building market value/total market value)×lump-sum

Building value=(150,000/250,000)×240,000=$144,000

Equipment value=(Equipment value/total market value)×lump-sum

Equipment value=(75,000/250,000)×240,000=$72,000

Step 3: Journalize the lump-sum purchase

To journalize the lump-sum purchase;

Item Value

Land $24,000

Building value $144,000

Equipment value $72,000

Lump-sum value $240,000

7 0

3 years ago

While different natural resources and the theory of comparative advantage can explain many trade patterns, they cannot explain a

kakasveta [241]

Answer:

Intra-Industry Specialization

Dynamic Comparative Advantage

Product Life Cycle Theory

Explanation:

Ice wine is a special spirit that can only be made during a few months in the winter. The nations of Fruzenton and Grappovia are in different hemispheres, and each produces ice wine. During each nation’s winter, its ice wine industry produces enough to meet domestic demand and export to the other country. The ice wine exchanged between the two nations is nearly identical. Intra-Industry Specialization

For many years, the nation of Stilettopia’s high-heel shoe producers have struggled in the international market because strict labor laws have made it hard to get productivity out of Stilettopians. In an effort to stimulate its industry, legislators in Stilettopia approve a bill that reduces the minimum wage and extends the number of hours shoe laborers can work in a day. Once the new policies take effect, Stilettopian high-heel shoe makers have lower costs than international competition and are able to reduce prices to the point that there is demand to export their shoes. Dynamic Comparative Advantage

Since the turn of the century, nearly all X-ray machines purchased by hospitals have been made in Alloway. However, engineers in Osteoville recently designed an X-Ray machine that produces much more accurate results, leading to fewer malpractice cases and more reliable diagnoses. These new X-ray machines quickly become the industry standard. As a result of this, the production of X-ray machines is thriving in Osteoville, while firms in Alloway lose market share and begin trying to develop a new source of advantage Product Life Cycle Theory

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3 years ago

If a broker shows a home for another broker who has it listed and a married couple comes in and he answers all questions the bes

AlekseyPX

Answer:

no fiduciary relationship has been established

Explanation:

Based on the information provided within the question it can be said that in this scenario no fiduciary relationship has been established. A fiduciary is a person who holds a legal or ethical relationship that revolves around trust with another person or group. This type of person usually handles money for other people. In this scenario though, since the individual is just taking over temporarily for the couple and is not handling the couples house purchase, then no relationship has been established.

3 0

3 years ago