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2 years ago

Can all opportunity costs be evaluated using a cost/benefit analysis

2 answers:

Citrus2011 [14]2 years ago

6 0

Not necessarily-cost benefit analysis is subjective and cannot measure emotional/personal preferences between decisions perfectly.

user100 [1]2 years ago

6 0

Answer:

Cost benefit analysis is a method in which programs total cost by the benefits in the project In monetary units or common units is calculated. This can be used to find the benefits and cost of program and compare it with others.

Explanation:

For example consider a vendor is selling snacks and gaining profit with two helpers at hand he wants to extend his stall and hire two more helpers. For now he is Outsourcing the demand that is not being fulfilled at his place

Total cost -

Lease of stall - 10,000

Helpers pay- 12000

 Investment- 6000

 Total-28000

 Benefits-

 Profits- 38000

 Outsourcing- 5000

 total 33000

 so CBA= 28000/33000 = 0.848

benefits on hiring and leasing

 total cost-

Lease of stall - 20,000

Helpers pay- 24000

 Investment- 12000

Total- 56000

Benefits-

Profit -76000

Cba = 56000/76000= 0.73

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A product-focused process is commonly used to produce "A. high-volume, high-variety products" "B.low-volume, high-variety produc

ki77a [65]

Answer: Option C

Explanation: In simple words, product focused process refers to the processes that focuses on producing the batch of similar products. These processes are usually used to manufacture products like paper rolls and light bulbs.

Under this process large units are produced of a similar product. Such processes require high fixed cost and low variable cost.

From the above we can conclude that the correct option is C.

8 0

2 years ago

Fahad works for a company that markets all of Celextron's products. Fahad's company acts as the marketing department for Celextr

Whitepunk [10]

Answer:

D) selling agent.

Explanation:

Sine Fahad's company never obtains title for the goods that they sell, they are acting like a selling agent. They are very similar to a commission merchant except that Fahad's company is also responsible for the marketing functions of Celextron.

There are several types of sales agents and distributors, it all depends on certain details about how they work:

a manufacturer's agent work directly for the manufacturing firm, in this case it would have been Celextron.
a sales branch is a company owned by Celextron.
a full service wholesaler obtains title of the goods.

5 0

2 years ago

Kota Toy Corporation manufactures lizard dolls in two departments, Molding and Assembly. In the Molding Department, plastic is i

noname [10]

Answer:

c.) 82,000

Explanation:

We know that,

The ending work in progress units = Beginning work in process inventory + Units started in production - Units completed and transferred

7,000 dolls = 4,000 dolls + Units started in production - 79,000 dolls

7,000 dolls = -75,000 dolls + Units started in production

So, Units started in production = 75,000 dolls + 7,000 dolls

= 82,000

5 0

2 years ago

In each of the following cases, calculate the accounting break-even and the cash break-even points. Ignore any tax effects in ca

Sloan [31]

Answer:

Accounting Break-Even

Case 1 = $14,350 Case 2 = $8,485.71 Case 3 = $214.375

Cash Break-Even

Case 1 = $11,766.67 Case 2 = $1342.86 Case 3 = $168.75

Explanation:

According to the scenario, computation of the given data are as follow:-

Accounting Break-Even = (Fixed Cost + Depreciation Cost) ÷ (Price Unit -Variable Unit)

Case 1 - ($7,060,000 + $1,550,000) ÷ ($3075 - $2,475)

= $8,610,000 ÷ $600

= $14,350

Case 2 - ( $47,000 + $250,000) ÷ ($96 - $61)

= $297,000 ÷ 35 = $8,485.71

Case 3 - ($2,700 + $730) ÷ ($21 - $5)

= $3,430 ÷ $16 = $214.375

Cash Break Even = Fixed Cost ÷ (Price Unit - Variable Unit)

Case 1 - $7,060,000 ÷ ($3075 - $2,475)

= $7,060,000 ÷ $600

= $11,766.67

Case 2 - $47,000 ÷ ($96 - $61)

= $47,000 ÷ $35 = $1342.86

Case 3 - $2,700 ÷ ($21 - $5)

= $2,700 ÷ $16 = $168.75

6 0

2 years ago

Gina is working as a marketing trainee for a streaming video company. Her boss called a meeting for next week with one thing on

sveta [45]

Answer:

C) Create a customer-driven environment where we constantly try to create customer value.

Explanation:

A competitive advantage basically refers to offering a better service at the same price as your competition, or offering the same service as your competition but at a lower price. In this case, Gina's idea focuses on offering a differentiated and better service than the competition, and hopefully be able to sell it at the same price.

In order to create a customer driven environment, the company must identify its customers's needs and it must do everything it can to satisfy those needs. This will increase both the perceived quality of the service and consumer satisfaction.

8 0

2 years ago