Answer:
4 yards of Textiles
Explanation:
Opportunity cost is the revenue forgone, for earning the current revenue, it is basically not any kind of monetary cost but it is the cost in terms of loss of revenue in choosing the current revenue generating transaction.
Here when we are calculating the opportunity cost for wheat = 1 bushel in India we will compare it with opportunity foregone in India only, and not of USA.
Therefore opportunity cost of 1 bushel in India = = 4 yards of textiles for 1 bushel of wheat.
Opportunity cost of a unit bushel wheat in India is 4 yards textiles.
Answer:
Option D. $80,000
Explanation:
The Fair Market Value that Jane has paid of land is $50,000. The liability of $30,000 is attached with this land which Jane has taken as a payment to Will. So the total payment that Will has received = $50,000 + $30,000 = $80,000.
So this $80,000 is the fair market value of land that will be realized.
Answer:
b. direct materials of $49,662, direct labor of $65,451, utilities of $10,121, and supervisor salaries of $14,900
Explanation:
The Supervisor's Salary is a fixed cost.
Therefore, a flexible budget for 13,900 units of production would show:
- Direct materials of $49,662,
- Direct labor of $65,451,
- Utilities of $10,121
- Supervisor salaries of $14,900
Answer:
you can find one online and apply for one
and a job is a job like you work for