To raise money in order to help grow the company
Answer:
d. $17,700
Explanation:
<u>considering accounting cost: </u>
1,400 book per semester x 3 semester = 4,200
500 dollars of book x 3 semester =<u> 1,500</u>
Total explcit cost: 5,700
implicit cost (lost wages)
8,000 less 50% cost reduction = 4,000
then 4,000 per semester = 12,000
Total opportunity cost: 12,000
Total cost for the product 17,700
Answer:
D) $8,200 favorable
Explanation:
Hockey Accessories Corporation manufactured 21,600 duffle bags during March. The following data pertain to March:
Actual Static Budget
Production 21,600 units 22,000 units
Machine hours 1,150 hours 2,200 hours
Fixed overhead costs $ 84,200 $ 92,400
What is the amount of fixed overhead spending variance?
Hockey Accessories Corporation estimated its fixed overhead costs at $92,400, but the actual overhead costs were only $84,200. The difference between estimated and actual costs is $8,200 favorable variance (= $92,400 - $84,200) since the fixed overhead costs were lower than estimated.
Answer:
The correct answer is letter "B": cost-benefit assessment.
Explanation:
Cost-benefit assessment implies analyzing what the costs and benefits of engaging in business are. The approach aims to minimize losses and maximize benefits. It does not necessarily imply there are not going to be losses during the business cycle but could reduce them as much as possible.
Answer:
Added overdraft protection feature to her checking account
Explanation:
Overdraft protection is a form of credit facility offered by banks. The facility allows transactions such as checks, electronic payments, and transfers to go through even if the account has insufficient funds. Overdraft protection safeguards against bouncing payments, which attract heavy penalties.
Ann has a debit card. She can only shop with funds available in her accounts. Debit cards do not have an automatic credit feature. Ann should have activated overdraft protection on her debit card. She would have linked her savings account to her checking account so that the debit card can draw from her savings account. Savings accounts qualify for overdraft protection.