Answer:
If the offer is accepted, the income will decrease in $7,500.
Explanation:
Giving the following information:
Harrison Ford Company has been approached by a new customer with an offer to purchase 10,000 units of its model IJ4 for $5 each.
Unitary variable cost:
Direct Materials= $1.75
Direct Labor= $2.50
Variable Overhead= $1.50
1) Because it is a special offer and there is unused capacity, we will not have into account the fixed costs.
Accepting the offer:
Relevant cost= Unitary variable cost
Relevant cost= 1.75 + 2.5 + 1.50= $5.75
Relevant benefits= $5
2) Effect on income= 10,000*5 - 10,000*5.75= -$7,500
If the offer is accepted, the income will decrease in $7,500.
Answer: See explanation below for answer.
Explanation: In micro-economics, a discretionary expense refers to a cost that a business or household can actually do without, if necessary. These expenses are often wants rather than needs. Case in point, a business may allow employees to charge certain meal and entertainment costs to the company.
In macro-economics, discretionary spending is the type of government spending that is implemented through an appropriations bill. What this means is that the spending is an optional part of fiscal policy, which is quite the opposite of entitlement programs for which require mandatory funding and are determined by the number of qualified recipients.
Some examples of areas funded by discretionary spending are national defense, foreign aid, education and transportation.
Discretionary spending must always be deliberated upon by Congress through the annual appropriations process each year.
Answer:
D) satisficing
Explanation:
According to my research on different decision making strategies, I can say that based on the information provided within the question it seems that Robert is using satisficing to make a rational decision. This term refers to making a decision bases on the actions that will satisfy you with the minimum requirements necessary in order for you to complete a goal. This is what is happening by Robert making the list, he is giving importance to each item on the list and if he can get a couple of the important factors on that list then he will be satisfied with his new house, which is the goal.
decide on and pursue a course of action that will satisfy the minimum requirements necessary to achieve a particular goal.
I hope this answered your question. If you have any more questions feel free to ask away at Brainly.
Answer:
$142,083
Explanation:
Current asset = Accounts receivable + Cash + Inventory + Marketable securities + Prepaid expenses = 70,256 + 16,928 + 73,062 + 36,421 + 2,512 = $199,179
Current liabilities = Accounts payable + Accrued liabilities + Notes payable (short-term) = 29,317 + 6,298 + 21,481 = $57,096
Working capital = Current assets - Current liabilities = 199,179 - 57,096 = $142,083
In the exact moment you run out of laundry detergent and realize you need to pick some up at the store, you are in the problem recognition stage of the buying decision process. The problem recognition stage is realizing you have to make the purchase versus deciding to make the purchase of something.