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wlad13 [49]
3 years ago
14

A____is a chosen field of work in which you may have different jobs over time. Examples of careers are hospitality, public relat

ions, or medicine. a. job b.skill c.occupation d.career
Business
1 answer:
Lorico [155]3 years ago
7 0
I think C, sounds more suitable.
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If the law of increasing opportunity costs is operable, and currently the opportunity cost of producing the 101st unit of good X
lys-0071 [83]

Answer:

C) more than 5Y

Explanation:

the opportunity cost of producing 101 units of X = 5 units of Y

if the opportunity costs increase as the number of units produced increases, then the opportunity cost of producing 201 units of X will be more than 5 unit of Y. This is simply because 5 units of Y was the opportunity cost of producing 101 units of X and the opportunity costs are increased.

4 0
3 years ago
Granfield Company has a piece of manufacturing equipment with a book value of $44,000 and a remaining useful life of four years.
Troyanec [42]

Answer:

$26,000

Explanation:

The calculation of Net increase or decrease in income on replacement is shown below:-

Net savings in Variable cost for 4 years = Variable manufacturing costs × Life

= $19,800 × 4

= $79,200

Net Investment to be made in New machine = Initial investment of new machine - Traded in value of old machine

= $128,000 - $22,800

= $105,200

Net financial disadvantage of replacement = Net savings in Variable cost for 4 years - Net Investment to be made in New machine

= $79,200 - $105,200

= $26,000

So, for computing the net financial disadvantage of replacement we simply applied the above formula.

6 0
4 years ago
Cara Fabricating Co. and Taso Corp. agreed orally that Taso would custom-manufacture a compressor for Cara at a price of $120,00
Svetradugi [14.3K]

Answer:

D. $122,000

Explanation:

3 0
3 years ago
On April 1, 2014, Headland Inc. entered into a cost-plus-fixed-fee contract to construct an electric generator for Altom Corpora
MA_775_DIABLO [31]

Answer:

Gross profit to be recognized = $196,140

Explanation:

                         Headland Inc.

Gross profit to be recognized by Headland at December 31, 2014 ending

Estimated contract cost                                                    $1,962,000

Fixed fee                                                                             $467,000

Total  $1,962,000+ $467,000)                                         $2,429,000

Total estimated cost                                                           $1,962,000

Gross profit ($2,429,000- $1,962,000)                            $467,000

percentage of completion:( $829,900/1,962,000)              42%

Gross profit to be recognized: $467,000*42%               $196,140

4 0
3 years ago
Accounts payable $ 30,000 Accounts receivable 35,000 Accrued liabilities 7,000 Cash 25,000 Intangible assets 40,000 Inventory 72
KIM [24]

Answer:

The amount of quick assets is $98,000

Explanation:

All the current assets which can be quickly converted into cash are the quick assets. Inventory is not the p[art of this because it take much longer time to convert into cash than other current assets.

Cash                              $25,000

Accounts receivable    $35,000

Prepaid expenses        $2,000

Marketable securities  <u>$36,000</u>

Quick Assets               <u>$98,000</u>

Inventory 72,000 (excluded)

Following account are other than Current Accounts

Fixed Assets

Intangible assets 40,000

Long-term investments 100,000

Property, plant, and equipment 400,000

Liabilities

Long-term liabilities 75,000

Accrued liabilities 7,000

Accounts payable $ 30,000

Notes payable (short-term) 20,000

5 0
3 years ago
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