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3 years ago

Why do people start any occupation? Write down in brief.

Business

1 answer:

Stels [109]3 years ago

8 0

Explanation:

people start any occupation in order to tl earn money generally but sometimes occupation became a medium to give employment.. which is really benefit our country...

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Suppose your expenses for this term are as follows: tuition: $28,000, room and board: $9,000, books and other educational su

astraxan [27]

Answer: Option C is correct

Explanation:

Opportunity cost or loss is the contribution lost due to the leaving one opportunity to exploit the other one. So in this case, the opportunity that I am going to exploit is going to college this term. So according to relevant costing the relevant cost is:

(a) Cash flow in nature.

(b) Future contract binding (future related)

To find whether the cost is incremental cost or not we can find through the following method.

Step 1: Find the cash flow that is arising due to the decision?

Step 2: Find the cash flow arising if we don't take the decision?

Step 3: The difference of step 1 and 2 is differential or incremental cost.

All the inflows and outflows are cash flow in nature and future related. The only thing we have to find is that whether or not the cost is incremental or not.

For this Term:

Step 1 Step 2 Step 3

Take Decision If we Don't Incremental

Salary loss (42-16) (26,000) - (26,000)

Tuition cost (28,000) - (28,000)

Room and Board (9,000) - (9,000)

Books and Edc. Supplies (2,500) - (2,500)

TOTAL COSTS (65,500)

Kindly also review the following question for you better understanding

brainly.com/question/14423321

8 0

4 years ago

You are called by Tim Duncan of Spurs Co. on July 16 and asked to prepare a claim for insurance as a result of a theft that took

andrew11 [14]

Answer:

$23,003

Explanation:

Computation for the claim against the insurance company.

Using this formula

Claim against insurance company = Total cost of goods available for sales - Cost of goods sold - Owned inventory on hand on July 16

Let plug in the formula

Claim against insurance company= ($41,010 + 90,490) - [($119,400 - $3,960)*100/140)] - ($33,210- $7,170)

Claim against insurance company= $131,500 - $82,457 - $26,040

Claim against insurance company= $23,003

Therefore the claim against the insurance company is $23,003

4 0

3 years ago

The technology associated with the manufacturing computers has advanced tremendously. This change has led to the price of a comp

german

The technology associated with the manufacturing computers has advanced tremendously. This change has led to the price of a computer falling and the quantity increasing.

Lower prices most likely results in a higher demand for the product in question, which will increase the production rate of that product.

3 0

3 years ago

Read 2 more answers

Which of these elements contributes toward globalization of the economy?

Shtirlitz [24]

Answer:

Use of foreign labor

Explanation:

A p E x Verified

5 0

3 years ago

Read 2 more answers

Jackie finds a pair of jeans that she likes but the price tag is missing. She is willing to buy it as long as it's not more than

kogti [31]

Answer:

It's a consumer surplus of $28.

Explanation:

Consumer surplus is the difference between the price costumers pay in the market and the price they place on the product.

In other words, the difference between a market price product and the price you think it is.

3 0

4 years ago

Why do people start any occupation? Write down in brief.​

Why do people start any occupation? Write down in brief.