1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
mars1129 [50]
2 years ago
7

Stan’s Sporting Goods is a competitor that can manufacture seven soccer balls out of a possible ten, if it makes one soccer net.

Which statement correctly compares the two businesses?
Sabrina’s Soccer has a comparative advantage over Stan’s Sporting Goods because Sabrina’s Soccer has a lower opportunity cost.
Stan’s Sporting Goods has a comparative advantage over Sabrina’s Soccer because Stan’s Sporting Goods has a lower opportunity cost.
Sabrina’s Soccer has an absolute advantage over Stan’s Sporting Goods because Sabrina’s Soccer has a lower production cost.
Stan’s Sporting Goods has an absolute advantage over Sabrina’s Soccer because Stan’s Sporting Goods has a lower production cost.
Business
1 answer:
Shkiper50 [21]2 years ago
8 0

Answer:

Sabrina’s Soccer has a comparative advantage over Stan’s Sporting Goods because Sabrina’s Soccer has a lower opportunity cost.

You might be interested in
Pinnocle Corporation has provided the following data from its activity-based costing system: Activity Cost Pool Total Cost Total
Lostsunrise [7]

Answer:

Product margin= $9,607.5

Explanation:

<u>First, we need to calculate the allocation rates:</u>

Assembly= 1,533,840 / 77,000= $19.92 per machine-hour

Processing orders= 91,065 / 1,950= $46.7 per order

Inspection= 139,788 / 1,980= $70.6 per inspection-hour

<u>Now, we need to allocate overhead:</u>

Allocated MOH= Estimated manufacturing overhead rate* Actual amount of allocation base

Assembly= 19.92*660= 13,147.2

Processing orders= 46.7*50= 2,335

Inspection= 70.6*10= 706

Total= $16,188.2

<u>Finally, the product margin for product S78N:</u>

Product margin= 430* (124.3 - 51.25 - 13.06) - 16,188.2

Product margin= $9,607.5

4 0
2 years ago
A company decides to close down its plastics division. It has on hand 20 tons of styrene monomer, a raw material that has a mark
Elena-2011 [213]

Answer:

$16,000

Explanation:

With regards to the above information, we are only concerned with calculating the value of 20 tons of styrene to the company, hence other information are not relevant.

The total value of the 20 tons of styrene monomer to the company would be ;

= 20 tons of styrene monomer × Market price of styrene monomer per ton

= 20 × $800

= $16,000

6 0
3 years ago
Value-based marketing requires that firms charge a price that customers perceive as giving them a good value for the product the
PilotLPTM [1.2K]

Answer:

True

Explanation:

Value-based marketing is a shift from product centered to customer centered approach. Customer values and ethics are the primary drivers of this strategy.

When value- based pricing is done, the customer's perception of the value of goods and services is taken into consideration.

This is different from basing price on product cost or historical price.

3 0
3 years ago
You are evaluating two different silicon wafer milling machines. The Techron I costs $245,000, has a three-year life, and has pr
sveticcg [70]

Answer:

Techron I . According to the calculations, Techron I reports a better performance.

Explanation:

Techron I

Cost of Machine = $245,000

Useful Life = 3 years

Annual Depreciation = Cost of Machine / Useful Life

Annual Depreciation = $245,000 / 3

Annual Depreciation = $81,666.67

Salvage Value = $40,000

After-tax Salvage Value = $40,000 * (1 - 0.22)

After-tax Salvage Value = $31,200

Annual OCF = Pretax Operating Costs * (1 - tax) + tax * Depreciation

Annual OCF = -$63,000 * (1 - 0.22) + 0.22 * $81,666.67

Annual OCF = -$31,173.33

NPV = -$245,000 - $31,173.33 * PVIFA(10%, 3) + $31,200 * PVIF(10%, 3)

NPV = -$245,000 - $31,173.33 * 2.4869 + $31,200 * 0.7513

NPV = -$299,084.39

EAC = NPV / PVIFA(10%, 3)

EAC = -$299,084.39 / 2.4869

EAC = -$120,263.94

Techron II:

Cost of Machine = $420,000

Useful Life = 5 years

Annual Depreciation = Cost of Machine / Useful Life

Annual Depreciation = $420,000 / 5

Annual Depreciation = $84,000

Salvage Value = $40,000

After-tax Salvage Value = $40,000 * (1 - 0.22)

After-tax Salvage Value = $31,200

Annual OCF = Pretax Operating Costs * (1 - tax) + tax * Depreciation

Annual OCF = -$35,000 * (1 - 0.22) + 0.22 * $84,000

Annual OCF = -$8,820

NPV = -$420,000 - $8,820 * PVIFA(10%, 5) + $31,200 * PVIF(10%, 5)

NPV = -$420,000 - $8,820 * 3.7908 + $31,200 * 0.6209

NPV = -$434,062.78

EAC = NPV / PVIFA(10%, 5)

EAC = -$434,062.78 / 3.7908

EAC = -$114,504.27

5 0
3 years ago
For a uniform series that starts at the end of the year two and stops at the end of year eight, the (F/A, i%, 7) factor will yie
Nikolay [14]
Sorry, I’m not sure so I don’t want to mislead you
5 0
3 years ago
Other questions:
  • Assume the return on a market index represents the common factor and all stocks in the economy have a beta of 1. Firm-specific r
    5·1 answer
  • i don't have an assignment rather a life question, i'll be back here though. I'm 17 and i'm going to be applying for college in
    15·1 answer
  • Which term describes the economy that revolves around providing intangible services such as restaurant work, health care provisi
    6·1 answer
  • Headrest reduce the risk of neck injury in a rear end collision true or false
    8·1 answer
  • For long-term positive relations, the goal of negotiation should most likely be to ________. a) establish a clear line of commun
    12·1 answer
  • Cassie's Quilts alters, reconstructs, and restores heirloom quilts. Cassie has just spent $800 purchasing, cleaning, and reconst
    8·1 answer
  • Graham Company uses the​ percent-of-sales method to estimate uncollectibles. Net credit sales for the current year amount to $ 1
    10·1 answer
  • River City Recycling just paid its annual dividend of $1.15 per share. The required return is 12.3 percent and the dividend grow
    7·1 answer
  • Lee is considering buying one of two newly-issued bonds. Bond A is a twenty-year, 7.5% coupon bond that is non-callable. Bond B
    6·1 answer
  • Which factor makes a currency more attractive to investors
    14·2 answers
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!