All categories

2 years ago

What is an example of a 'Sunk cost" ? *

Business

1 answer:

VashaNatasha [74]2 years ago

7 0

Answer:

C. the price of last month's car repairs when getting your car fixed.

Explanation:

The correct option is - C. the price of last month's car repairs when getting your car fixed.

Reason -

A sunk cost is a past cost that you can’t recover.

You might be interested in

DUE TODAY PLEASE HELP T^T

jonny [76]

Answer:

i think its true

Explanation:

5 0

3 years ago

Read 2 more answers

Suppose a wet and sunny year increases the nation's sweetcorn crop by 20%. How will this affect the market for frozen peas,a sub

Soloha48 [4]

Answer:

d) decease in demand

Explanation:

When the produce of sweet corn crop rises by 20%, this would lead to an increase in supply. With increase in supply, the price of sweet corn shall fall, which would lead to an increase in demand as now consumers will consume more of sweet corn.

Since the relationship between price of a good and demand for it's substitute is positive, the demand for the substitute shall fall.

Thus, demand for frozen peas shall decrease as demand for sweet corn has increased.

5 0

3 years ago

You have been given $100 to go school shopping. Identify how you would spend the money based on “needs” and “wants”.

zhuklara [117]

Always buy what you need first groceries,things for school,ect. Then focus on your wants after that. Save alot too.

4 0

3 years ago

Read 2 more answers

What information appears on a designer worksheet? A. designer portfolio, previous work, and sample designs B. details of the com

s2008m [1.1K]

Answer:

The correct answer is A

Explanation:

Designer worksheet is the one such document which states the work or the potential in the designer or the person. It is that document which contains or comprise of the portfolio of the designer, having or shown the previous work which is done by the designer or the person in his or her last company and the few or some of the sample designs which provide an idea to other person regarding the potential or taste of the designer.

7 0

2 years ago

Preparing a Cost of Goods Sold Budget Andrews Company manufactures a line of office chairs. Each chair takes $14 of direct mater

Marta_Voda [28]

Answer:

Cost of goods sold = $960,839

Explanation:

Preparing cost of goods sold budget:

Number of units to be sold = 20,000 - 675 = 19,325

As for the information provided:

Direct Materials = $14 $\times$ 19,325 = $270,550

Direct Labor hours = 1.9 $\times$ 19,325 = 36,717.5

Direct Labor Cost = $16 $\times$ 36,717.5 = $587,480

Variable overhead = $1.20 $\times$ 36,717.5 = $44,061

Fixed overhead = $1.60 $\times$ 36,717.50 = $58,748

Therefore, cost of goods sold = $960,839.

6 0

3 years ago