Answer:
It is cheaper to make the units in-house.
Explanation:
Giving the following information:
Make in-house:
Direct material $ 8
Direct labor 24
Overhead 40
Total costs per unit $72
Buying price= $60
<u>We need to determine which option provides the lower cost. Because 40% of overhead will remain constant, we have to take it out of the equation.</u>
<u>Production cost:</u>
Direct material $ 8
Direct labor 24
Overhead= 40*0.6= 24
Total production cost= $56
It is cheaper to make the units in-house.
Black mail just dont fire them either blackmail them or make them sign a contract
The appropriate response is A. Henry Ford also then sued the Chicago Tribune for criticizing the grounds that it called him an uninformed revolutionary. In court, the guard lawyer has chosen to show Ford's obliviousness and absence of patriotism by posting essential American history inquiries. The vehicle head honcho reliably missed these inquiries, and court transcripts of his nonsense wound up plainly well known perusing at the time.
Answer:
The wholesale cost for the pianos that Darnell pays the manufacturer - explicit cost
The salary Darnell could earn if he worked as an accountant - implicit cost
The wages and utility bills that Darnell pays - explicit cost
The rental income Darnell could receive if he chose to rent out his showroom.-implicit cost
Explanation:
Explicit cost includes the amount expended in running the business.
They include rent , salary and cost of raw materials
Explicit cost is used in determining accounting profit
Implicit cost or opportunity cost is the cost of the next best option forgone when one alternative is chosen over other alternatives
Implicit cost is used in determining economic profit
If Darnell didn't use his showroom, he could have rented it out. Renting it out is his next best option that was forgone. Thus, it is an implicit cost
If Darnell didn't start his business, he could have been working as an accountant. The amount he could have earned as an accountant is his implicit cost
Answer:
The Correct answer would be, When Days will be greater than 5
Explanation:
There are two companies who give cars on rent.
Thrift rents a car for $33 per day
i-e
T=$33D
General rents the car for $20
i-e
G=$20D
and general charges an initial fee of $65
So
G=$20 + $65
So according to question, for how many days it would be cheaper to rent from General.
So when charges by general are less than charges by thrift, as shown below:
65+20D < 33D
65 < 33D-20D
65 < 13D
D > 5
So the answer would be 5 Days.
