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coldgirl [10]
2 years ago
10

Consider two points on the PPF: point A, at which there are 10 apples and 20 pears, and point B, at which there are 7 apples and

21 pears. If the economy is currently at point A, the opportunity cost of moving to point B is __________.a. 1 pear. b. 7 apples c. 3 apples. d. 21 pears.
Business
1 answer:
lorasvet [3.4K]2 years ago
8 0

Answer:

c. 3 apples.

Explanation:

The opportunity cost is the alternative forgone. It is the item on the scale of preference that had to be let off in the fulfillment of other wants.

Given the two points A, at which there are 10 apples and 20 pears, and point B, at which there are 7 apples and 21 pears, moving from point A to B would mean that the number of apples will decrease from 10 to 7 while the number of pears will increase by 1.

As such, the opportunity cost is 3 apples (10 - 7).

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Inspection time for a plant is 10,000 hours per year. The cost of inspection consists of salaries of four inspectors, totaling $
VLD [36.1K]

Answer:

$90,000

Explanation:

Inspection hours (h) = 10,000 hours per year

Total salaries (S) = $60,000

Cost of supplies (c) = $3 per inspection hour

Since there is no need for any inspection activity, all of the inspection costs qualify as nonvalue-added cost.

I = S+(h*c)\\I=\$60,000 +(10,000*\$3)\\I=\$90,000

The nonvalue-added cost of inspection per year is $90,000

3 0
2 years ago
What risks does southwest face? can it continue to thrive as a low-cost airline when tough economic times hit or other airlines
saul85 [17]
As of now Southwest is a stage in front of their rivals. They can ascribe this to the choices they made to limit their cost, their clients have seen the advantages of these choices. Since flights run assuming regardless of the possibility that they are half full, the organization goes out on a limb of gaining low income for that flight. Since the organization remains in an endless value war with its rivals they are compelled to keeps ticket costs low, this could bring about lost income and a plausibility of cutting overhead and creation cost. This could likewise impact the planning of workers. The dread of expanding oil costs still stays high on the organization's radar.
4 0
2 years ago
Ma Barker Company has a job-order costing system and uses a predetermined overhead rate based on direct labor-hours to apply man
seropon [69]

Answer:

The correct answer is option (A) $42.00

Explanation:

Solution

Given that:

The established rate  is given as = 100,000/40,000

= $2.5 per hour

Thus

The cost of the job is shown is shown below:

The direct material = $5,000

The direct labor = $2400

Then

The manufacturing overheard is = 400 * 2.5 = $1,000

So,

The total cost is = $5,000 + $2400 + $1000 = $8,400

To get our unit cost,

Unit cost = $8400/200 = $42.00

It is important to know that, the  number of labor hours used in jobs = Total labor cost/Rate per hour

=2,400/6 = 400 hours

8 0
2 years ago
Guardian security, inc., and hedge fund corporation enter into an oral contract under which guardian security agrees to provide
Shkiper50 [21]
The contract may be enforceable by either Guardian Security or Hedge Fund. So, either of the two is enforceable regarding the contract they have agreed. The contract are enforceably by both of the parties. So the answer in this question is either Guardian Security or Hedge Fund. Contract is a written agreement by two or more parties.
7 0
2 years ago
Using the Indirect Method to create the Statement of Cash Flows, which of the following options are correct in describing what m
Gwar [14]

Answer:

a) A gain is subtracted from net income.

d) An increase in operating current assets is subtracted from net income.

e) A decrease in operating current liabilities is subtracted from net income.

Explanation:

Operating activities: It involves those transactions that affect the after-net income working capital. It would subtract the rise in current assets and a decrease in current liabilities while add a decrease in current assets and an increase in current liabilities.  

It would modify those changes in working capital. For addition, the depreciation costs are added to the net income and the loss on the sale of assets is applied, while the gain on the sale of assets is excluded

So, the following options are used-

a) A gain is subtracted from net income.

d) An increase in operating current assets is subtracted from net income.

e) A decrease in operating current liabilities is subtracted from net income.

8 0
2 years ago
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