Answer:
The cost recorded will be $53,400
Explanation:
In this question, we are to give the value of the amount recorded as the cost of the new equipment.
By simply doing some additions, we will be okay.
mathematically, this would be
Cost of equipment recorded = cost of equipment + transportation cost + sales tax + installation cost = 48,00 + 1,200 + 2,500 + 1,700 = $53,400
Answer: b. Economies of Scope
Explanation:
Economies of Scope refers to a situation where a company is able to reduce the cost of producing two or more goods by combining their production thereby leading to savings in the production process.
Economies of Scope in effect points out that there are some goods that when produced in tandem with another, lead to a cost reduction which means that its savings is <em>based on variety</em>.
Goods that usually achieve Economies of Scope are goods that are compliments, produced by similar methods or use similar inputs for production.
Firm A merging with Firm B produced the 5 radios and batteries cheaper so the new company is experiencing Economies of Scope.
Answer:
d. The cost of the parking permit is part of the opportunity cost of attending college if you would not have to pay for parking otherwise.
Explanation:
Opportunity cost is a microeconomic concept used to describe how much an economic agent fails to earn in one economic activity by employing money in another economic activity. Thus, all expenses that a student performs to study at the university, including tuition, gasoline, parking, material, and time spent on the activity, is considered an opportunity cost, since all of this could be spent on another activity.
Answer:
Right now marcantuone and robert gieson ought not be held at risk for what the drycleaner inhabitants did.Because there was no release of perilous substance during their ownership.The chlorinated dissolvable pollution issue right now the aftereffect of dry cleaning activity led preceding the condemnee's acquisition of the property.There was no proof of a release of unsafe substance during the time of condemnee's ownership.The sullying was not found until after the condemner had procured the title to the property in the judgement activity.
As indicated by the spill demonstration the obligation is vested on a condemner who bought debased property and didn't attempt any assessment or examination at the hour of procurement.
