Answer:
Option B is correct
The maximum price to be paid is = $64000
Explanation:
To determine the the maximum price we would compute using the relevant costs of internal production.
<em>The maximum price to be paid to external supplier should be the total relevant costs associated with internal production.</em>
Total relevant cost of internal production = 34,000 + 15,000 +9000 + 6000
The maximum price to be paid is = $64000
Note that the fixed overhead of $6000 is associated with the internal production the balance of 4,000 is irrelevant and would be incurred either way.
Answer:
$760
Explanation:
The tax credit for child and dependent care expenses allows working taxpayers to discount up to 35% of care expenses. The exact percentage that you are allowed to deduct depends on your income:
- if you earn up to $15,000, you can discount 35% of dependent care expenses of up to $3,000 per child.
- the percentage decreases for every $2,000 of income (1% decrease per every $2,000), until your income reaches $43,000 where it remains at 20%.
The Kent's earned $53,000 during the year, so they can claim up to 20% of their children's care expenses = $3,800 x 20% = $760
Answer:
Physics
Explanation:
Opportunity Cost
When an option is chosen from alternatives, the opportunity cost is the "cost" incurred by not enjoying the benefit associated with the best alternative choice.
Since Arshad is concerned about his mid-career salary, Physics has the highest mid-career salary among the options, therefore opportunity cost of choosing to major in communications would be Physics
An enterprise system is central to individuals
and organizations of all sizes and ensures that information can be shared
across all business functions and all levels of management to support the
running and managing of a business. And large-scale
application software packages that support business processes, information
flows, reporting, and data analytics in complex organizations.
Answer:
It is cheaper to make the part in house.
Explanation:
Giving the following information:
Harrison Enterprises currently produces 8,000 units of part B13.
Current unit costs for part B13 are as follows:
Direct materials $12
Direct labor 9
Factory rent 7
Administrative costs 10
General factory overhead (allocated) 7
Total $45
If Harrison decides to buy part B13, 50% of the administrative costs would be avoided.
To calculate whether it is better to make the par in-house or buy, we need to determine which costs are unavoidable.
Unavoidable costs:
Factory rent= 7
Administrative costs= 5
General factory overhead= 7
Total= 17
Now, we can calculate the unitary cost of making the product in-house:
Unitary cost= direct material + direct labor + avoidable administrative costs
Unitary cost= 7 + 5 + 5= $17
It is cheaper to make the part in house.
