The given statement about cost is a true statement as cost becomes most obvious when more money must be spent on one thing, leaving less available for another.
<h3>What is the cost?</h3>
A cost is often the value of the money that was expended during the production or delivery of something or service and is now unavailable for use.
Manufacturing, research, retail, and accountancy all make use of this idea. In business transactions, the cost may be an acquisition cost, in which case the amount of money spent to acquire it is considered to be part of the cost.
Finally, cost becomes most apparent when more money spent on one thing leaves less money for another. This corresponds to a true statement.
As a result, opportunity cost describes a decision we must make in order to make another one.
You have $50, for instance, which you may spend on a date with your partner or on your preferred game. The inability to purchase the game is your opportunity cost if you decide to utilize that money to take your partner out on a date.
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The accounts used by a business can be kept on pages or cards, which are kept together in a book or file called .. Ledger.
Answer:
"2000 units" is the right solution.
Explanation:
The given values are:
Transferred from WIP,
= 53,000 units
Units sold,
= 61,000 units
Beginning inventory,
= 10000 units
Now,
The total number of finished goods will be:
= 
On substituting the values, we get
= 
= 
Answer:
The answer to the question is B I51,753 bonds
Explanation:
The present price of the bond and the total amount to be raised of $170m were used in arriving at the number of bonds to be issued.
n 20
Coupon 6.60%
YTM 7.7%*1000=77
FV 1000
PV ($1,120.25)
The current price of the bond $1,120.25
Total amount to be raised $170,000,000
Number of bonds to be issued=total amount /bond price 151,752 approx...151753
Find attached spreadsheet with formulas so as to be able to follow through.
Answer:
Explanation is given below
Explanation:
Given that, the total budget for the media is only $1,000 per month.
For the allocation, each type of media would get at least 25% of the budget.
Hence, from the available information, we have the following:
Parameters:
$1000 = Monthly advertising budget
25%= Minimum spending for each type of media
50 = Value of the index for local newspaper advertising
80= Value of the index for spot radio advertising
Decision variables;
x1= Newspaper advertising budget
x2= Radio advertising budget
LP Model;
Maximize Z=50x1+ 80x2
Subject to:x1+ x2≤1000
x1≥ 250
x2≥ 250
x1,x2≥ 0
p.s. OptimumZ=72, 500,
x1=250,
x2=750
