Homework Answers
The opportunity cost is the next best alternative sacrifice for obtaining a commodity. The cost of obtaining a commodity not only includes the actual cost involved in obtaining the commodity but also the amount of other goods sacrificed for obtaining the good. For going a movie the actual cost incurred by the person is $12. But he sacrifices 4 hours of work which cost of $400. Then the total cost of going the movie is actual cost+ its opportunity cost.
Answer: $412.
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last year's performance was a great disappointment to the managers.
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following total costs.
Direct materials
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macoroeconomics
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Employees in Personnel work 51-hour weeks with four weeks for vacation. Of the 51 hours, five are reserved for administrative tasks, training, and so on. The costs of the Personnel Department, including any allocated costs from other staff functions, are $988,000. During the year, Personnel conducted 2,800 interviews, made 695 hires, made 6,200 assessments, and had 330 separations. Employees in Personnel work 51-hour weeks with four weeks for vacation. Of the 51 hours, five are reserved for administrative tasks, training,...
Brighton Services repairs locomotive engines. It employs 100
full-time workers at $14 per hour. Despite operating at capacity,
last year's performance was a great disappointment to the managers.
In total, 10 jobs were accepted and completed, incurring the
following total costs.
Direct materials
$
1,045,400
Direct labor
4,200,000
Manufacturing overhead
975,000
Of the $975,000 manufacturing overhead, 40 percent was variable
overhead and 60 percent was fixed.
This year, Brighton Services expects to operate at the same
activity level as last...
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Please answer the marked questions..........
Please show your work.............
that all young adult men is greater the IC than 50 min d the 65 74 66 37 45 68 64 50 48 65 58 55 52 63 59 57 74 65 the 11.38 1138 The club professional at a difficul that his course is so tough that t course boasts average golfer loses a dozen or more golf balls d ng a round of golf. A dubious golfer sets out...
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