Homework Answers
The opportunity cost of selling the baskets in their present condition:-
=Selling price-cost to repair
=35000-17000
=18000
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Longview Baskets has in its inventory 2,000 damaged baskets that cost $22.000 The baskets can be...
Longview Baskets has in its inventory 2.200 damaged baskets that cost $22.000 The baskets can be...
Longview Baskets has in its inventory 2.200 damaged baskets that cost $22.000 The baskets can be sold in their present condition for $12,000, or repaired at a cost of $18,000 and sold for $38,000. What is the opportunity cost of selling the baskets in their present condition? O A $20,000 O B. $30,000 OC. $34.000 OD. $56,000
Longview Baskets has in its inventory 2.200 damaged baskets that cost $20.000 The baskets can be...
Longview Baskets has in its inventory 2.200 damaged baskets that cost $20.000 The baskets can be sold in their present condition for $12,000, or repaired at a cost of $14,000 and sold for $38,000. What is the opportunity cost of selling the baskets in their present condition? O A. $24,000 O B. $26.000 O C. $52,000 OD. $32,000
Longview Baskets has in its inventory 2,500 damaged baskets that cost $25,000 The baskets can be...
Longview Baskets has in its inventory 2,500 damaged baskets that cost $25,000 The baskets can be sold in their present condition for $12,000, or repaired at a cost of $13,000 and sold for $40,000. What is the opportunity cost of selling the baskets in their present condition? A. $27,000 B. $37,000 C. $53,000 D. $ 25,000
Four Guys Company has in its inventory 5,200 paired at a cost of $48,000 and sold...
Four Guys Company has in its inventory 5,200 paired at a cost of $48,000 and sold for $78,000. What is the opportunity cost of selling the televisions in their present condition? O A. $30,000 OB. $126,000 OC. $82,000 OD. $87,000
Four Guys Company has in its inventory 5,000 paired at a cost of $45,000 and sold...
Four Guys Company has in its inventory 5,000 paired at a cost of $45,000 and sold for $78,000. What is the opportunity cost of selling the televisions in their present condition? O A $123,000 O B. $79,000 OC. $33,000 OD. $87,000
ompany that manufactures small canoes has a fixed cost of $22.000. It costs $80 to produce...
ompany that manufactures small canoes has a fixed cost of $22.000. It costs $80 to produce each canoe. The selling price is $160 per canoe. (In solving this exercise, let x present the number of cances pro sold) Write the cost function. -(Type an expression using x as the variable.) b. With the revenue function RX-Type an expression using x as the variable) c. Determine the break-even point. Type an ordered pair. Do not use commasin targe numbers.) This means...
Tawstir Corporation has 800 obsolete personal computers that are carried in inventory at a total cost...
Tawstir Corporation has 800 obsolete personal computers that are carried in inventory at a total cost of $1,100,000. If these computers are upgraded at a total cost of $40,000, they can be sold for a total of $750,000. As an alternative, the computers can be sold in their present condition for $690,000. The sunk cost in this situation is: O $40,000 O $750,000 $1,100,000 O $690,000
the wanderas Company, a merchandising firm, has budgeted its activity for December according to the following...
the wanderas Company, a merchandising firm, has budgeted its activity for December according to the following information 1) Sales at 5550,000, all for cash 2) Merchandise Inventory on November 30 was $300,000 3) Budgeted depreciation for December is $35.000 4) The cash balance at December 1 was $25,000 5) Selling and administrative expenses are budgeted at 560,000 for December and are paid in cash. 6) The planned merchandise inventory on December 31 is $270,000 7) The invoice cost for merchandise...
Goddard's Department Store has budgeted cost of goods sold of $37.000 for its men's shorts in...
Goddard's Department Store has budgeted cost of goods sold of $37.000 for its men's shorts in March. Management also wants to have $8,000 of men's shorts in inventory at the end of March to prepare for the summer season. Beginning inventory of men's shorts for March is expected to be $4,500. What dollar amount of men's shorts should be purchased in March? O A $24,500 OB. $49,500 OC. $33,500 OD. $40,500
Swenson, Inc., sells tire rims. Its sales budget and inventory, purchases, and cost of goods sold...
Swenson, Inc., sells tire rims. Its sales budget and inventory, purchases, and cost of goods sold budget for the nine months ended September 30, 2018, follow: Swenson, Inc. Sales Budget Nine Months Ended September 30, 2018 Quarter Ended Nine-Month March 31 June 30 September 30 Total Cash sales, 30% $45,000 $60,000 $52,500 $157,500 Credit sales, 70% 105,000 140,000 122,500 367,500 Total sales $150,000 $200,000 $175,000 $525,000 Swenson, Inc. Inventory, Purchases, and Cost of Goods Sold Budget Nine Months Ended September...
Longview Baskets has in its inventory 2.200 damaged baskets that cost $22.000 The baskets can be sold in their present condition for $12,000, or repaired at a cost of $18,000 and sold for $38,000. What is the opportunity cost of selling the baskets in their present condition? O A $20,000 O B. $30,000 OC. $34.000 OD. $56,000
Longview Baskets has in its inventory 2.200 damaged baskets that cost $20.000 The baskets can be sold in their present condition for $12,000, or repaired at a cost of $14,000 and sold for $38,000. What is the opportunity cost of selling the baskets in their present condition? O A. $24,000 O B. $26.000 O C. $52,000 OD. $32,000
Four Guys Company has in its inventory 5,200 paired at a cost of $48,000 and sold for $78,000. What is the opportunity cost of selling the televisions in their present condition? O A. $30,000 OB. $126,000 OC. $82,000 OD. $87,000
Four Guys Company has in its inventory 5,000 paired at a cost of $45,000 and sold for $78,000. What is the opportunity cost of selling the televisions in their present condition? O A $123,000 O B. $79,000 OC. $33,000 OD. $87,000
ompany that manufactures small canoes has a fixed cost of $22.000. It costs $80 to produce each canoe. The selling price is $160 per canoe. (In solving this exercise, let x present the number of cances pro sold) Write the cost function. -(Type an expression using x as the variable.) b. With the revenue function RX-Type an expression using x as the variable) c. Determine the break-even point. Type an ordered pair. Do not use commasin targe numbers.) This means...
Tawstir Corporation has 800 obsolete personal computers that are carried in inventory at a total cost of $1,100,000. If these computers are upgraded at a total cost of $40,000, they can be sold for a total of $750,000. As an alternative, the computers can be sold in their present condition for $690,000. The sunk cost in this situation is: O $40,000 O $750,000 $1,100,000 O $690,000
the wanderas Company, a merchandising firm, has budgeted its activity for December according to the following information 1) Sales at 5550,000, all for cash 2) Merchandise Inventory on November 30 was $300,000 3) Budgeted depreciation for December is $35.000 4) The cash balance at December 1 was $25,000 5) Selling and administrative expenses are budgeted at 560,000 for December and are paid in cash. 6) The planned merchandise inventory on December 31 is $270,000 7) The invoice cost for merchandise...
Goddard's Department Store has budgeted cost of goods sold of $37.000 for its men's shorts in March. Management also wants to have $8,000 of men's shorts in inventory at the end of March to prepare for the summer season. Beginning inventory of men's shorts for March is expected to be $4,500. What dollar amount of men's shorts should be purchased in March? O A $24,500 OB. $49,500 OC. $33,500 OD. $40,500
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