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
Alexxx [7]
3 years ago
10

Chang Industries has 1,300 defective units of product that already cost $48 each to produce. A salvage company will purchase the

defective units as is for $22 each. Chang's production manager reports that the defects can be corrected for $40 per unit, enabling them to be sold at their regular market price of $38. The $48 per unit is a:
Business
1 answer:
dolphi86 [110]3 years ago
7 0

Answer: Sunk Cost

Explanation:

A sunk cost is an expense which a company or entity has already incurred and which cannot be recovered and so should not be considered when making decisions regarding incremental benefits or costs to an investment.

The $48 had already been incurred to produce the defective units and cannot be recovered so it is a sunk cost that should not be considered moving forward.

You might be interested in
Park, Inc. acquired 100% of Gravel Co.'s net assets. On the acquisition date, Gravel's accounting records reflected $50,000 of c
Akimi4 [234]

Answer:

The  $400,000 should be a result of the acquisition of the in-process research and development activities

Explanation:

Intangible Assets: The intangible assets are those assets that cannot be seen or even touched. It is not tangible in nature

The example is goodwill, and intellectual properties like - patents, copyrights, trademarks, etc.  

The recording of the intangible assets based on the fair market value i.e $400,000 instead of associated costs.

5 0
3 years ago
1. Sam is preparing a speech for a small church group. He makes a list of his interests and lists all the related jobs he knows.
sineoko [7]

Answer:

Topic Building

Explanation:

Sam is at this point trying to build his topic for the speech.

It is based on this topic a speech write up will be made.

6 0
3 years ago
Read 2 more answers
Sigmund Freud suggested that dreams represent the fulfillment of wishes, yet research suggests that quite a few dreams that peop
kondor19780726 [428]

Answer:

Falsifiability

Explanation:

Based on the information provided within the question it can be said that the principle that is involved here is Falsifiability. This term refers to the assertion that for a hypothesis to have credibility, it has to be inherently disprovable before being accepted as a scientific hypothesis or theory. Otherwise it will not be.

8 0
3 years ago
The board of governors of the federal reserve system can increase commercial bank reserves by
Marina CMI [18]
<span>The board of governors of the federal reserve system can increase commercial bank reserves by increasing the size of its term auction facility.</span>
3 0
3 years ago
What is the optimal method for procuring inputs that have well-defined and measurable quality specifications and require highly
BaLLatris [955]
<span>Optimal procurement: input well-defined and measurable quality ... A type of exchange that occurs when the parties to a transcation have made specialized investments. .... make spot exchange an unattractivemethod of procurement due to ...</span><span>
</span>
6 0
3 years ago
Other questions:
  • ________ refer to people in an organization's buying center who affect the buying decision; they often help define specification
    13·1 answer
  • Malcolm consults his horoscope to determine what stocks to buy; miles studies the financial section of the paper and follows the
    12·1 answer
  • Which of the following statement is TRUE about variable expenses?
    8·1 answer
  • Gerry is assessing global entry strategies for his gourmet sandwich business. He does not want to take a lot of risk and he is w
    12·1 answer
  • You should assume that emails not addressed to you are ______.
    9·2 answers
  • What is the difference between productive and service oriented professions Explain with examples​
    15·1 answer
  • Concord Company purchased equipment for $25200 on December 1. It is estimated that annual depreciation on the equipment will be
    7·1 answer
  • Purely competitive industry X has increasing costs and its product is a normal good. The industry is currently in long-run equil
    13·1 answer
  • Because there is so much unpredictability in all supply chains, companies must use ___ to make supply chain decisions.
    13·2 answers
  • The text frequently mentions competing factors that successful groups keep in tension, including conformity/nonconformity, task
    8·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!