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inysia [295]
3 years ago
9

If producing 200 buttons and 200 safety pins

Business
1 answer:
melomori [17]3 years ago
6 0

Answer:

The correct option is - B. The opportunity cost is in producing fewer safety pins.

Explanation:

The correct option is - B. The opportunity cost is in producing fewer safety pins.

Reason -

Initially we produce 200 buttons and 200 safety pins and there are 50% split of resources.

Now, If we produce 300 buttons and 100 safety pins and there is no change in the split of resources, then

The opportunity cost of extra 100 buttons is sale amount we would have been getting if we make that 100 safety pins.

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In the Assembly Department of Hannon Company, budgeted and actual manufacturing overhead costs for the month of April 2017 were
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Explanation:

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Susan’s high school offers classes in which she can take a test and gain college credit.
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4 years ago
Read 2 more answers
Midshipmen Company borrows $11,500 from Falcon Company on July 1, 2018. Midshipmen repays the amount borrowed and pays interest
hoa [83]

Answer:

Part 1:

Account                                                          Debit                        Credit

Cash                                                              $11,500

Notes Payable                                                                                $11,500

(On 12% Interest)

Part 2:

Account                                                          Debit                         Credit

Interest Expense                                           $690

   Interest Payable                                                                             $690

Part 3:

Interest Expense = $690

Interest Payable = $690

Explanation:

Part 1:

July 1, 2018 Midshipmen borrows $11,500 from Falcon Company.

Account                                                          Debit                        Credit

Cash                                                              $11,500

Notes Payable                                                                                $11,500

(On 12% Interest)

Part 2:

From july 1,2018 to Dec 31,2018, Interest expense has accumulated for 6 months. Since each month the interest is 1% so For each month interest is

($11500 * 1% = $115).

For 6 months Interest expense = $115 * 6

For 6 months Interest expense = $690

General Entry:

Account                                                          Debit                         Credit

Interest Expense                                           $690

   Interest Payable                                                                           $690

Part 3:

Same as Part 2 i.e

From july 1,2018 to Dec 31,2018, Interest expense has accumulated for 6 months. Since each month the interest is 1% so For each month interest is

($11500 * 1% = $115).

For 6 months Interest expense = $115 * 6

For 6 months Interest expense = $690

Interest Expense = $690

Interest Payable = $690

5 0
3 years ago
Choose all the characteristics of an effective leader.
borishaifa [10]

Answer:

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8 0
3 years ago
Your pharmaceutical firm is seeking to open up new international markets by partnering with various local distributors. The diff
Afina-wow [57]

Answer:

Case 1 = $420 million

Case 2 = $280 million

Case 3 = $350 million

Explanation:

As per the data given in the question,

Annual value by one distributor = $420 million per year

Annual value by two distributor = $560 million per year

Case 1)

The marginal value of first distributor is more than second  

So when negotiating the value, it is = $560 million - $420 million = $140 million

and this value would be distribute between both. so each will get = $140 million / 2 = $70 million

and you would expect to capture $420 million of this deal

Case 2)

As distributors are run by government, so negotiation will be done with both the distributor at same time and margin would be $560 million and you would be grabbed = $560 million ÷ 2 = $280 million

Case 3)

In this case marginal amount of contact = $560 million - $140 million = $420 million

and half of it = $420 million ÷ 2 = $ 210 million, which is the amount to be offered  

and you would expect to grab the remaining amount = $560 million - $210 million  

= $350 million

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