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ikadub [295]
2 years ago
8

A busy small business owner is considering purchasing groceries through a premium home delivery service because of its convenien

ce the service provides the best groceries and cost significantly more than buying groceries in the store but home delivery is an attractive feature examine the opportunity cost in trade-offs of the small business owner choosing to my groceries through the premium home delivery service compare your findings with the opportunity cost and trade-offs if small business owner word to choose buying groceries in the store instead
Business
2 answers:
lesantik [10]2 years ago
7 0

The opportunity cost related to choosing to purchase through a premium home delivery service will be the higher cost than buying the groceries at the store.

And if the small business owner chooses to buy groceries at the store instead of choosing the home delivery service, the opportunity cost will be related to the convenience and speed of the service.

<h3 /><h3>Compensation cost</h3>

The concept encompasses the various costs of a business' activities and how their characteristics can impact the entire cost of the production chain.

Therefore, opportunity cost is different from accounting cost, and is related to measuring the cost of what is left undone when it is necessary to make a certain choice.

Find out more information about opportunity cost here:

brainly.com/question/8846809

Rama09 [41]2 years ago
6 0

The opportunity cost of buying from the home delivery service is the fact that the business owner would pay more than he would have paid if he went to the store.

<h3>The existing trade-off here</h3>

The trade off that exists here is between convenience and the extra amount that he would be paying by not going to the store.

If he chooses to go to the store, he is going to inconvenience himself and would lose the attractive features from the home delivery.

If he stays home and require the home delivery service, the business owner would be paying more than he would have paid at the store.

Read more on trade-offs here:

brainly.com/question/1705682

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Kunkel company makes two products and uses a conventional costing system in which a single plantwide predetermined overhead rate
Lilit [14]

Answer:

using conventional costing system:

  • unit cost mercon = $21.40
  • unit cost wurcon = $90.80

total production costs using conventional costing system:

  • 4,000 units of mercon = 4,000 x $21.40 = $85,600
  • 8,000 units of wurcon = 8,000 x $90.80 = $726,400

Explanation:

                                                    Mercon           Wurcon

Direct materials cost per unit       $9.00             $7.00

Direct labor cost per unit             $6.00              $7.00

Direct labor-hours per unit            0.20                2.40

overhead rate applied                 $6.40            $76.80      

Number of units produced          4,000              8,000

overhead rate = total overhead / total direct labor hours = $640,000 / [(4,000 x 0.20) + (8,000 x 2.40)] = $640,000 / 20,000 = $32 per direct labor hour

unit cost mercon = $9 + $6 + $6.40 = $21.40

unit cost wurcon = $7 + $7 + $76.80 = $90.80

4 0
3 years ago
Your broker calls to offer you the investment opportunity of a​ lifetime, the chance to invest in​ mortgage-backed securities. T
Ray Of Light [21]

Answer:

There's a list of important question to be do done:

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2. Who is the issuer of the MBS: it helps to determine the quality of the product, because studying the balance sheet is possible to know how healthy the company is

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4 years ago
Lin corporation has a single product whose selling price is $134 and whose variable expense is $67 per unit. the company's month
Musya8 [376]

Answer:

600 units

Explanation:

The computation of the units sales is shown below:

= (Fixed expenses + target profit) ÷ (Contribution margin per unit)

where,  

Contribution margin per unit = Selling price per unit - Variable expense per unit

= $134 per unit - $67 per unit

= $67 per unit

And, the other items values would remain the same

Now placing these values to the above formula  

So, the value would equal to

= ($32,300 + $7,900 ) ÷ ($67)

= ($40,200) ÷ ($67)

= 600 units

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The _______ test asks the question: is the industry profitable or capable of being profitable?
meriva
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