Comparison levels
Amelia and Lisa's comparison levels are different.
<h3>What do you mean by comparison levels?</h3>
According to prior interactions, the comparison level describes the expectations for the connection. We essentially weigh the advantages and disadvantages of our current relationship against those of our previous partnerships. Some people expect a lot of benefits since they have a high comparison level.
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Answer: $190,000
Explanation:
The recorded value of the new equipment will be the summation of the trade in allowance and the cash that was paid. This will be:
= $108,000 + $82,000
= $190,000
Answer:
A. $518,000
Explanation:
The computation of the sunk cost is shown below:
= Purchase value of the machine that buys 7 years ago
= $518,000
As sunk cost is the cost that already spent and not relevant for decision making
So according to the given options, the first option is correct
Answer:
$206,080
Explanation:
Total conversion costs transferred out of the Canning Department:
= Units Completed and transferred out * Cost per equivalent unit
= 56,000 * $3.68
= $206,080
So, the total conversion costs transferred out of the Canning Department equals $206,080
Answer:
Bounded rationality.
Explanation:
This is explained to be a model that is been used in making choices between alternatives. Models of this kind brings about use of logic, analysis and objectivity always which appear over subjectivity and insight. In this particular model, approaches like Formulating of goal, decision making, identification of criteria for decision making, performing analysis etc are seen to make this model a better type of its kind. Here individuals who are seen to posses high cognitive ability are seen handling of decisions and making quality arrangements towards its actualization.
In a lot of cases, it is seen to not consider factors that cannot be quantified, such as ethical concerns or the value of altruism.
