Answer:
She buys it from the "Neighboring city". The further explanation is given below.
Explanation:
The cost of opportunity while shopping from Local dept. store:
= 
= 
= 
= 
The cost of opportunity while shopping from across town:
= 
= 
= 
= 
The cost of opportunity while shopping from neighboring class:
= 
= 
= 
= 
Now,
<u>Store Opp. Cost Price Total cost</u>
Local dept. store 16 103 119
Across town 24 89 109
Neigh. city 40 63 103
Therefore, a Neighboring city would be the right answer.
Answer:
Gain $72,480
Explanation:
Calculation for the amount of gain or loss that Sheffield should recognize on the exchange
Using this formula
Gain/Loss= Book value – Fair value
Let plug in the formula
Gain/Loss= $978,480 – $906,000
Gain=$72,480
Therefore the amount of gain or loss that Sheffield should recognize on the exchange will be $72,480
The law of supply illustrates all the quantities of goods that producers are willing and able to sell at every possible price.
<h3>What is the law of supply?</h3>
The law of supply states that when prices increase, the quantity supplied increases and when price falls, the quantity supplied falls. This shows that price and quantity supplied are positively related. This explains why the supply curve is positively sloped.
To learn more about the law of supply, please check: brainly.com/question/26374465
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Answer:
Direct labor rate variance= (Standard Rate - Actual Rate)*Actual hours
Explanation:
Giving the following information:
The production used 2.5 labor hours per finished unit, and the company paid $21 per hour, totaling $52.50 per unit of finished product.
<u>We weren't provided with enough information to solve the problem. We need estimated production hours and rates. But, I can leave the formula to solve it.</u>
To calculate direct labor rate variance, we need to use the following formula:
Direct labor rate variance= (Standard Rate - Actual Rate)*Actual Hours
Answer:
Brand differences are worth promoting if they satisfy following criteria.
*They should be meaningful for the customers. Customers should relate to them.
*Brand differences should be useful from the customer's point of view.
*They should be clearly different from the competitors.
*They should be easily communicable to the customers.
*They should be unique and exciting as well.
*They should be easily memorable too.
