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Hoochie [10]
2 years ago
8

Bob picks up a sandwich from the cafeteria and pays the cashier $3.25. He ate half of it and did not want the rest. What is the

cost associated with what you left on the plate?
Business
2 answers:
viva [34]2 years ago
5 0

Answer: sunk cost

Explanation:

valkas [14]2 years ago
5 0

Answer:

Sunk cost

Explanation:

When somebody spends some amount of money, no matter what's the use for, if that won't be refunded or recovered later, then the money spent (on 1/2 of the sandwich) it's called Sunk cost.

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Juan Foods pays off a long-term debt in full. Which one of the following statements best describes the appropriate book-keeping
tankabanditka [31]

Answer:

Debit long-term debt; Credit cash.

Explanation:

The Journal Entry is shown below:-

Long term Dr, XXXXXXXX

To Cash

(being long term is recorded)

Long-term debt is a liability which usually has a credit balance. Therefore, until the long-term debt is entirely repaid, the long-term debt account has to be debited to pay it off entirely from the account books. In another hand, the cash account has to be paid, because there is a cash outflow.

7 0
3 years ago
In command economy, who makes production decisions?
earnstyle [38]
I think the most appropriate answer would be C.


I hope it helped you!
8 0
3 years ago
at the beginning of the month there were no units in beginning work in process and 115,000 units were begun during the month. At
vlada-n [284]

Answer:

The equivalent units for conversion costs is 87,000 units

Explanation:

First, we need to calculate the completed during the month

Completed units = Units begun during the month - Units in Work in process

Completed units = 115,000 - 40,000

Completed units = 75,000 units

Now calculate the equivalent unit in respect of conversion cost as follow

Equivalent units ( Conversion cost ) = Units completed in the month + ( Units in work in process x percentage of completion )

Equivalent units ( Conversion cost ) = 75,000 units + ( 40,000 x 30% )

Equivalent units ( Conversion cost ) = 75,000 units + 12,000 unints

Equivalent units ( Conversion cost ) = 87,000 units

8 0
3 years ago
A sporting goods manufacturer budgets production of 45,000 pairs of ski boots in the first quarter and 30,000 pairs in the secon
skelet666 [1.2K]

Answer:

B) 84,000 kg.

Explanation:

The computation of the budgeted materials need in kg. in the first quarter is given below:

begnning inventory 18000

required for production (45000 × 2) 90000

Less: closing (30000 × 2 × 20%) - 12000

Raw material needs 84000

hence, the budgeted materials need in kg. in the first quarter is 84,000

Therefore the option b is correct

7 0
2 years ago
A random sample of 10 parking meters in a beach community showed the following incomes for a day. Assume the incomes are normall
Lilit [14]

Answer:

The 95% confidence interval for the true mean would be between 3.39 and 6.01

Explanation:

In order to calculate the 95% confidence interval for the true mean we would have to calculate first the mean and standard deviation as follows:

mean=∑Xi/n

mean=$3.60 $4.50 $2.80 $6.30 $2.60 $5.20 $6.75 $4.25 $8.00 $3.00/10

mean=4.7

standard deviation=√∑(Xi-mean)∧2/n-1

standard deviation=1.83

t critical=2.262

The confidence interval=mean +/- t critical*standard deviation/√10

The confidence interval=4.7 +/- 2.262*1.8338/√10

The confidence interval=(3.39, 6.01)

The 95% confidence interval for the true mean would be between 3.39 and 6.01

7 0
2 years ago
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