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Dennis_Churaev [7]
2 years ago
12

"In deciding how to spend an hour of his time, John has identified four activities he can choose from. The opportunity cost of c

hoosing activity A is defined as the benefit he would have received from all of the other activities"True/False
Business
2 answers:
vagabundo [1.1K]2 years ago
8 0

Answer:

The statement is: False.

Explanation:

Opportunity cost is the return of the option chosen compared to the option that was left behind. It is also described as the return of the option taken over the option forgone or the return that the next available option could provide us over the option that is going to be chosen.

Thus, <em>the opportunity cost for John to choose option A is the value of only the next best alternative available among his other three options</em>.

mezya [45]2 years ago
5 0

Answer:

False

Explanation:

Since John could not possibly partake in all of the remaining three activities, the opportunity cost cannot be the benefit received from all of the other activities. Instead, the opportunity cost is the benefit he would have received from the next best alternative alone.

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Drew Enterprises reports all its sales on credit, and pays operating costs in the month incurred. Estimated amounts for the mont
Afina-wow [57]

Answer:

$312,000

Explanation:

Given that,

August Sales = $300,000

July sales = $330,000

Customer amounts on account are collected 60% in the month of sale and 40% in the following month.

Cash Receipts during August:

= (August Sales × 60%) + (July Sales × 40%)

= ($300,000 × 60%) + ($330,000 × 40%)

= $180,000 + $132,000

= $312,000

Therefore, the cash is budgeted to be received during August is $312,000.

8 0
2 years ago
A U.S. manufacturing company operating a subsidiary in an LDC (less-developed country) shows the following results: U.S. LDC Sal
Dmitrij [34]

Answer:

Part A:

Labur Productivity:

For US=5.14,         LDC=1.35

Capital Productivity:

For US=1.72          LDC=4.31

Part B:(Multi factor productivity)

For US=1.29         LDC=1.03

Part C: (Raw material productivity)

For US=4.90        LDC=10.02

Explanation:

Part A:

Labur Productivity:

For US:

Partial Labor Productivity=\frac{Sale(units)}{Labour(hours} \\Partial Labor Productivity=\frac{100505}{19550} \\Partial Labor Productivity=5.14

For LDC:

Partial Labor Productivity=\frac{Sale(units)}{Labour(hours} \\Partial Labor Productivity=\frac{19600}{14550} \\Partial Labor Productivity=1.35

Capital Productivity:

For US:

Capital Productivity=\frac{Sale(units)}{Capital Equipment} \\Capital Productivity=\frac{100505}{58600}\\Capital Productivity=1.72

For LDC:

Capital Productivity=\frac{Sale(units)}{Capital Equipment} \\Capital Productivity=\frac{19600}{4550}\\Capital Productivity=4.31

Part B:

For US:

Multifactor Productivity=\frac{Sales(units)}{labour(Hours) + Capital Equipment(hours)}\\ Multifactor Productivity=\frac{100505}{19550+58600} \\Multifactor Productivity=1.29

For LDC:

Multifactor Productivity=\frac{Sales(units)}{labour(Hours) + Capital Equipment(hours)}\\ Multifactor Productivity=\frac{19600}{14550+4550} \\Multifactor Productivity=1.03

Part C:

For US:

Raw material productivity=\frac{Sales(Hour)}{Raw Material} \\ Raw material productivity=\frac{100505}{20500} \\ Raw material productivity=4.90

ForLDC:

Converting Raw material FC into $ (1$=10FC)

Raw Material =19550/10=$1955

Raw material productivity=\frac{Sales(Hour)}{Raw Material} \\ Raw material productivity=\frac{19600}{1955} \\ Raw material productivity=10.02

3 0
2 years ago
Ikea offers young customers a selection of home furnishings featuring good design, function, and acceptable quality at low price
Sladkaya [172]

Answer:

focused cost leadership                                            

Explanation:

A focused plan for cost management needs price-based rivalry to same a limited sector. A business that implements this approach will not automatically offer the industry's cheapest prices. Rather it pays low prices in competition with other firms that operate within the intended audience.

An crucial point in these techniques is that the essence of the small target audience differs throughout firms using a focused approach of cost management.

In some instances, demographics define the target group. Thus, from the above we can conclude that the correct option is B.

3 0
2 years ago
This year is expected to be a great one for selling walk shoes in Georgia. At very low prices, only the most efficient shoemaker
TiliK225 [7]
All that information gives you three points to make the graph.

Point 1:

At the price of $10, the offer is 2*1,000 shoes => (10, 2,000)

At the price of $25, the offer is 10*1,200 shoes => (25, 12,000)

At the price of $40, the offer is 10*1400 + 4*500 => (40, 16,000)

Then you have three points. You can check that their are not aligned because when you increase the price $15 from 10 to 25 the offer increases in 10,000 shoes; but when you increase the price $15 from  25 to 40, the offer increases 4,000.

To draw the grpah:

- use a perpendicular coordinate system with the price in the horizontal axis and the offer in the vertical axis,

- lable the horizontal axis with the prices from 10 to 50 and the vertical axis with the offers from 1,000 to 18,000.

- draw the three calculated points (10; 2,000) , (25; 12,000) and (40; 16,000)

- draw a curved line that passes through the three points.

Ther you have the graph.
4 0
2 years ago
TL Lumber is evaluating a project with cash flows of −$12,800, $7,400, $11,600, and −$3,200 for Years 0 to 3, respectively. Give
Eddi Din [679]

Answer:11.82%

Explanation:

Yr C/ flow int Amount

1 7400. 1.08^2 8631.

2 11600. 1.08^1. 12,528

3 -3,200. 1 -3,200

Total reinvested amount

17959

MIRR=modified internal rate of return=

(17,959/12,800)^1/3-1

=1.1182-1=0.1182=11.82%

4 0
3 years ago
Read 2 more answers
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